Eighty-eight Brazilian companies will be at the trade show from February 21 to 25 in Dubai. The Export Promotion Agency expects USD 659 million in deals. There will be an area for Arab Chamber members only.
According to the Federal Revenue office of Brazil, tax revenues reached 1.211 trillion in 2015, a decline of 5.62% over 2014.
It was the worst year since 1992, according to information from the Ministry of Labor and Employment.
Architect Vincenzo Visciglia is launching a store carrying decoration items and haute couture pieces in late February. The official launch will be in March and the clientele is the high-income public.
World circulation of foreign direct investments reached USD 1.7 trillion in 2015, an increase of 36% over 2014. Unctad says, however, that only a small fraction of this money went, in fact, to the productive sector.
The main index of the São Paulo Stock Exchange closed down on a day in which the world’s top markets tumbled due to the oil price drop.
Alaa Roushdy, the new Egyptian ambassador in Brasília, hopes that the free trade agreement between his country and the economic bloc can make the products of the Arab nation more competitive here.
Brazil’s National Supply Company forecasts that between 49.13 million and 51.94 million bags will be harvested in 2016. The amount will be second only to the harvest total in 2002.
The exhibition ‘Palestinian Roots: History through Art’ will run from January 21 to March 08 in the city of Porto Alegre. Typical clothing and ancient items from the Arab country will be on display.
The loss of value of Russian currency and fear over terror attacks harmed the industry’s performance.
The Brazilian executive received offers from the Arab fund for four of his businesses in the marine infrastructure, oil and gas, coal and mining industries.
Sales to the region’s countries totaled USD 218.5 million. In all, more than 1.5 million 60-kg bags were shipped.
The indicator for the consumption of households measured by the National Confederation of Commerce increased 1.3% from December to January.
Global economy should expand 3.4% this year and 3.6% in 2017. Brazil could close 2016 with 3.5% shrinkage, with the Middle East growing 3.6%.
