Revenues from foreign sales declined 17% last month and year-to-date. Economist believes in a rebound by next year.
The 2014/2015 crop was larger than the preceding one, the National Supply Company reported. This time, 209.5 million tons were harvested, a 15.9 million-ton increase. Higher maize output was a factor.
The Egyptian investments authority intends to promote the event in the country in 2016 with companies and representatives of both governments. The goal is to expand trade relations.
The day after Standard & Poor’s lowered the country’s risk rating, the US currency closed at R$ 3.85 for sale and the São Paulo stock exchange index dropped 0.33%. Petrobras also lost its investment-grade status.
Brazilian exports to the Arab country totaled US$ 15.7 million from January to August. The president of the sector’s association says that sales are “an outlier”, since the sector’s abroad sales is declining.
Brazil sold US$ 134.5 million worth of product to the Arab world from January to August this year, a 4.67% increase from a year ago.
Watch in this episode a report about the online certification process developed by the Arab Chamber.
The indicator measured by Fundação Getulio Vargas increased 3.6% in the third from the second quarter of this year, but the number of businesses that will rein investments in is higher.
A survey conducted by Fundação Dom Cabral shows that the Arab nation where the most Brazilian enterprises operate is the UAE. They are primarily involved in services provision and trade-oriented subsidiaries.
Decline in global prices of the commodity will impact exports and tax revenues in the Arab country, says the IMF. For the Fund, the nation should focus on the development of the private sector.
The Brazilian Development Bank (BNDES, in the Portuguese acronym) is providing financing for wind farm projects in the states of Ceará, Rio Grande do Norte and Rio Grande do Sul, with 480 MW of capacity.
In a lecture at the Arab Brazilian Chamber, USP professor Arlene Clemesha said the world cannot be neatly divided into opposing regions and that Islam is rooted in freethinking.
According to the institute of statistics, industry output dropped from June to July in eight of 14 areas surveyed. The most marked declines occurred in Paraná and Ceará.
Roberto Abdalla takes office as Brazilian ambassador in Doha on September 23rd, tasked with taking relations between the two nations to a new level. A Qatari mission is set to arrive in Brazil in November.
