From January through August, Brazil exported 23.62 million 60-kilogram bags of the product. Revenues were up 14.6% to US$ 4 billion. Sales to Arab countries were up 7%.
Financial institutions polled by the Central Bank revised down Brazilian economy growth projection for the year, from 0.52% to 0.48%
Brazilian women’s clothes brand designed its next collection based on images of handicraft from the Arab country. One of the main features of Brazoo’s products is manual embroidery.
Historian Arlene Clemesha will expound on the Middle East’s history from the Ottoman rule until our days, on September 16th at the Arab Chamber. Registrations are open but slots are limited.
Event will be organized by the Fearab at Brasília’s National Library from September 22nd to 27th. Programme will include panels on Arab countries, workshops, photo exhibits and film screenings.
The Brazilian government’s regulating body has extended the tax exemption on imports of the industry input for another 180 days. The maximum quota is 282,500 tonnes.
The funds will be spent on ensuring food security in rural areas in the Arab country, plagued by crop failure and scarce supplies.
The official index was 6.51% in the twelve-month period ended August. Last month, the rate increased by 0.25%, as against 0.01% in July. Electricity tariffs and domestic workers’ wages drove the index up.
The region has gone from accounting for 3.9% in Brazilian foreign sales to nearly 5% year on year. Brands have strengthened their presence and business was less impacted by Chinese competition.
Savings deposits in the last month were the lowest figures for the month of August in the past eight years, according to the Brazilian Central Bank. Deposits surpassed withdrawals by nearly US$ 230.96 million.
Fabiana Murer and Augusto Dutra are competing in pole vault and Jonathan Henrique da Silva in the triple jump at the IAAF Continental Cup.
Foreign sales of cars, trucks and buses were down 50.6% year-on-year in August. Revenues declined by 39.5%.
In July from June, use of installed capacity went from 80.4% to 81%, as per a survey conducted by Brazil’s National Confederation of Industry.
The Brazilian-born architect Vincenzo Visciglia is getting ready to return to Brazil after a four-year stint in Dubai. In his luggage, he is bringing projects for opening a restaurant and clothes store chain.
