Financial institutions believe the rate will mark 7.26% this year and 5.8% in 2017, according to Focus bulletin by the Brazilian Central Bank.
Shower maker Fame is taking part in the Khartoum International Fair and had an order placed by its representative in the Arab country. The product is not widespread in the local market yet.
Brazilian members of the council, which gathers business owners from both countries, will meet next Tuesday to assess events schedule and goals to be accomplished.
Starting next May, the airline will introduce a flight to Rio de Janeiro and, at the end of the year, it will replace the aircraft with a higher-capacity model.
Mariana Trevizan has been with the company since 2012 and will focus on expanding the brand recognition.
Exporters association Abiec is taking 18 meat companies to the Gulfood fair in Dubai. Outside the event, two barbecues will be thrown for importers, authorities and opinion-makers in the UAE and Saudi Arabia.
The International Monetary Fund said the oil glut has affected the country’s economy and suggests cost containment measures including tax raises and wage freezes.
The country’s government defined a new electoral model that will open space for the representation of women and minority groups. Elections are expected to take place in September.
Agricultural equipment and commodities are the most sought items by companies from Sudan visiting the Brazilian stand at the Khartoum International Fair.
International Monetary Fund technicians have completed their third review of the country’s economy and the precautionary and liquidity line, which serves as a buffer against the crisis, remains in place.
The president of the Arab Chamber pointed out the importance of long-term contact for the maintenance and expansion of business with Middle East and North Africa countries. The Chamber released extensive activity calendar.
In a lecture at the Arab Chamber, Zeina Latif stressed the need to get the country’s finances in order so it can grow again and draw investments in. She also said the export portfolio needs diversifying.
According to Brazilian Institute of Geography and Statistics, the average rate throughout the year stood at 6.8%, an increase of two percentage points over 2014.
The Jordan Chamber of Commerce plans to organize a mission with importers, exporters and investors.
