The purchase of new aircrafts, execution of infrastructure projects and payment of bonds reduced the Arab airline’s profit to USD 364 million in the first six months of the 2016-2017 fiscal year.
Prices went up 0.26% in October, the lowest rate for the month since 2000. In twelve months, inflation is at 7.87% according to the Institute of Geography and Statistics (IBGE).
Cevital will set up manufacturing operations in Marabá, Pará. The company also invests in foodstuffs and logistics in the country.
Hamad Al Ameri, CEO of Caracal International, is visiting the state and talks about the opening of a manufacturing plant of high-tech weapons for public forces.
The United Nations World Tourism Organization (UNWTO) said 956 million people travelled to other countries worldwide from January to September. Demand is seen as ‘robust.’
Foreign sales from Brazil climbed in October from September, but dropped year-on-year, industry association Abraciclo reported.
The numbers went up in September from August as per a survey conducted by the Brazilian Institute of Geography and Statistics (IBGE). The highest growing region was the state of Espírito Santo.
Living under refugee status in Brazil, unable to practice their crafts, a physician, a dentist and an accountant from Syria opened the Damascus restaurant in São Paulo to serve meals, snacks and sweets.
The amount withdrawn from savings accounts was higher than the total deposited for the tenth straight month, this time by USD 838 million, according to the Brazilian Central Bank.
The trade surplus is the result of USD 2.206 billion in exports and USD 1.886 billion in imports in the three business days of November’s first week.
Automakers in Brazil grossed USD 955 million from exports in the month, up 9.8% from the comparable year-ago period.
Financial institutions polled by the Brazilian Central Bank have kept their 2016 inflation estimate level at 6.88%. The projection for next year dropped 5% to 4.94%.
Personnel from the Arab Chamber, Muslim associations federation Fambras and state investment agency Investe SP will be at the Global Business Forum on Latin America next week.
CEO Michel Alaby will accompany the Brazilian minister of Agriculture Blairo Maggi to the UN conference in Morocco. He will also be at a business event championing the emission reduction targets.
