The country registered a USD 1.685 billion surplus in the second week of the month, up from USD 637 million in the first week.
Georgetown University Qatar, of Doha, will fund researches on mobility, displacement and forced migration in the Middle East. The grants can reach up to USD 25,000. Registrations are open until September 15.
The Kenyan-born Ruth Jebet won 3000 meter steeplechase event at the Olympic Stadium. She was close to breaking the world record.
Financial institutions increased from 7.2% to 7.31% their estimate for inflation in Brazil and from 13.5% to 13.75% their forecast for the benchmark interest rate.
The show ‘Tomorrow everything will be alright’ runs from September 3 to December 3 at Galpão VB in São Paulo. The Lebanese artist’s first solo exhibit in Brazil portrays affections from the Middle East through video installations.
‘Arab Music: Expressiveness and Subtlety’ takes place in September. The classes will cover topics such as people’s relationship with music and the differences from Western rhythms. Registrations are open.
Brazilian Ministry of Agriculture numbers show the country exported USD 2.7 billion worth of the product from January to July, a 25% drop over the comparable year-ago period.
The Brazilian interim president says he plans on travelling to the region in case he is confirmed as president following the vote on Dilma Rousseff’s impeachment trial.
A Brazilian Central Bank index shows contraction of GDP in Q2 from Q1 2016. Year-on-year in Q2 saw a much wider drop at 4.37%.
The Brazilian National Development Bank incurred a net loss in the first half of this year. In the comparable period of 2015, it registered BRL 3.5 billion in profit.
So far, ten companies said they will be at the Brazilian Festival, a promotional action including exhibition of products at a hypermarket and matchmaking sessions with 40 local importers.
Total revenue went down, but the vehicles, trailers, semi-trailers and auto parts maker increased its foreign sales in quarter two of this year. The Middle East’s share in the company’s total sales remained flat.
The funds will be used to support a comprehensive economic reform program that aims to bring down the country’s debt and secure social services.
Pamonha Gourmet exports the frozen product to six European countries. The company directs 30% of its sales to markets abroad and now is in negotiations to enter the Middle East.

