Importers, exporters and Brazilian and Egyptian authorities gathered in an event organized by Brazil’s Embassy and meat exporters association Abiec.
An Extended Fund Facility agreement provides for USD 723 million to be made available over the course of three years, with 10% of the amount withdrawable immediately.
An agreement between the Brazilian company and the Arab country’s aviation academy establish a training partnership for aeronautic engineering professionals. Details are still being discussed.
Four short films from Arab countries were selected for São Paulo’s international film festival, which starts this Wednesday (24). Productions come from Syrian, Egypt, Morocco and Qatar.
The city was visited by 410,000 foreigners and 760,000 Brazilians. Spending by non-natives in the first half of August went up 40% as a result.
Lime growers from Jaíba, Minas Gerais, export the fruit to the UAE, Qatar, Bahrain, Saudi Arabia and Oman. These nations consume smaller limes, less appreciated in the Brazilian market.
Sales totaled USD 233 million in the first six months of this year. More than 7 tons of the metal were shipped.
Brazil’s deficit narrowed to USD 4 billion year-on-year last month, but the number is up from June’s. April and May ended on surpluses.
An international initiative of the World Council of Churches has volunteers working as human rights observers in the region. Ten Brazilians get selected each year, and travel and lodging are paid for.
Athletes from Bahrain, Kuwait, Jordan, Algeria, Qatar, Egypt, Tunisia and United Arab Emirates left Rio 2016 with medals from different competitions.
In the third week of the month, USD 3.557 billion in exports and USD 3.016 billion in imports led to a USD 541 million trade surplus for Brazil.
A report by the World Travel & Tourism Council shows that an increase in the sector’s GDP should surpass the projected overall economy’s growth of 2.3%. The Middle East and Africa could have an increase of 3.7%.
Estimate by financial institutions for the economy’s growth next year went from 1.1% to 1.2%, according to survey done by the Brazilian Central Bank. For this year, forecast of 3.2% decline remains.
Rio Grande do Sul state’s Colchão Inteligente is in talks to set up assembly lines and franchisees in Lebanon and the UAE. It sells custom-made products with varying densities for spinal alignment.
