Volume of tourists in April was 22% smaller than in the same period last year. Year-to-date, decline is 2.75%, according to information from the Egyptian Ministry of Tourism.
The currency was cheaper in March and April, which may have influenced consumption by Brazilians on foreign trips, according to the Brazilian Central Bank.
The Arab Chamber and the Institute of Arab Culture will award the short films which best narrate the history of the São Paulo street which received immigrants. Grand prize will be US$ 6,780.
Executives from five companies based in Morocco, Tunisia, Jordan, Lebanon and Kuwait took part in matchmaking rounds held by associations Abimo and Apex-Brasil at the Hospitalar fair.
Companies Sphinx Glass and Cairo Glass have stands at the Glass South America, trade show of glass technology held until May 24th in São Paulo. Arab countries are among Brazil’s main suppliers.
The country has lost three positions in a global ranking of competitive countries, and stands at 54th out of 60 countries surveyed. The main contributing factor was reduced efficiency of enterprises.
There were a total of 11.7 million registered workers in the private sector in April, according to the Brazilian Institute of Geography and Statistics.
Algeria’s national team will play in Belo Horizonte, Porto Alegre and Curitiba in the first phase. Besides those cities, Gramado and Balneário Camboriú will receive supporters of the only Arab team in the championship.
International donors have pledged, at a meeting at the United Nations headquarters, in New York, to provide relief in order to prevent the crisis in the country from deteriorating even further.
The result is from the month of May until the 13th. Since January, however, the balance between the Brazilian dollar inflow and outflow is positive by US$ 3.4 billion.
The movie Baghdad Messi, co-production of Iraq, Emirates and Belgium, is part of Cinefoot, which starts on the 22nd in Rio de Janeiro. The festival will also go to São Paulo and Belo Horizonte.
Keeping track of finances is crucial when it comes to raising funds from banks or on the equity market, according to FGV professor Claudio Jorge Monteiro, who gave a lecture at the Arab Chamber on Tuesday (20th).
The Sultan Center is hosting the Brazilian Week from June 3rd to 16th. The event will highlight food products and will include tastings. The event is sponsored by the Arab Chamber and the Apex.
A mission from the International Monetary Fund (IMF) claims the country’s economy should see strong growth in years to come, as a result of major public and private investment.
