A Brazilian Central Bank index shows the GDP shrank in March from February, in the 15th month on a downward path.
Xinguara has closed the sale of 220 tons of beef to an Egyptian buyer during the Apas Fair last week. The meat packing company ships product to seven other Arab countries.
The European Bank for Reconstruction and Development (EBRD) revised down its forecasts for Egypt, Jordan, Morocco and Tunisia. A troubled regional scenario and tourism decline are some of the contributing factors.
The road supplies manufacturer’s revenues were up 4.8% in Brazilian real, but down 19.1% in US dollars in Q1 this year.
The Arab country will resume imports of live cattle from Brazil after suspending them in 2014 due to disputes related to foot-and-mouth disease.
The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
A group with 25 Brazilian companies of the hygiene, perfumery and cosmetics sector will attend Beautyworld Middle East this month in the UAE. The sector’s exports to Arab are increasing.
External sales totaled 2.4 million bags in April and declined in comparison to the same period in 2015, according to balance report released by exporters’ council.
A total of 8.4 million pairs of shoes were shipped from Brazil in April, up 11.7% from April 2015. Revenues reached USD 69 million, a 0.8% increase.
In a presentation at the Arab Chamber, Paulo Eduardo Razuk said that solutions for conflicts in Syria and Palestine are far from happening. The region’s still suffering the effects of the First World War.
Index measured by Fundação Getulio Vargas shows that the economic scenario improved, going from 72 points in January to 74 points in April.
Exhibition ‘Love letter from Brazil to Iraq’ will feature pictures taken by photographers from both countries to convey messages of peace and love. The show will run from May 12th to June 12th in São Paulo.
The advice comes from the International Monetary Fund to the Arab countries. According to the fund, the need is urgent due to oil’s low prices.
