Business owner and now perfumer Julia de Biase created four perfumes with scents typical of the Arab world to sell in her stores in the city of São Paulo. She offers fragrances for men and women.
Revenues from external sales by the capital goods industry amounted to USD 696 million last month. It went up over the same month of 2015 and over July. But the sector’s trade balance is still in deficit.
Total credit operations in Brazil amounted to BRL 3.1 trillion in August, the same as in July. In the whole year, however, the Central Bank is expecting a contraction.
A forum was held to showcase projects in the Gulf country, which is on a revenue drive to make up for the oil price drop. The CEO of the Arab Brazilian Chamber of Commerce was a speaker.
A poll of Brazilian industrialists shows optimism is back regarding the activity growth outlook for months to come.
A study conducted by the trade and investments promotion agency reveals the sectors to be explored in the Arabian Peninsula and in the Gulf so the country can grow as food supplier to the region.
According to report made public this Tuesday (27) by the World Trade Organization, the deceleration of developing economies, such as Brazil, has drove down trade volumes.
The country wants to increase its stake of the global agricultural market from 7% to 10% in five years’ time, Agriculture minister Blairo Maggi said this Tuesday (27) while assessing his trip to Asia.
Tourists in transit from all nationalities can now stay up to four days in the country. The previous limit was 48 hours.
The Brazilian Central Bank (BC) updated from 6.9% to 7.3% the forecast for the 2016 Extended National Consumer Price Index (IPCA).
Rio Grande do Sul state brand Maria Pavan closed deals with three Arab clients in a fair in Paris. It’s the first time that the brand sells to the UAE. It also has a new Saudi client.
The Brazilian Central Bank (BC) revised up from USD 15 billion to USD 18 billion its forecast for the 2016 current account deficit. However, foreign direct investments can fund the deficit in full.
In the fourth week of September, exports from Brazil fetched USD 3.71 billion, with imports amounting to USD 3.02 billion.
A poll of financial institutions by the Brazilian Central Bank sees inflation at 7.25% this year, down from a prior forecast of 7.34%.
