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FINANCIAL NEWS
Arab exports make up 20% of Brazilian Q1 oil imports
20 Jun 2013
(MENAFN) Arab-Brazilian Chamber of Commerce (ABCC) General Secretary and CEO, Dr. Michel Alaby, stated that 20 percent of Brazil’s oil
imports were from the Arab countries in the first quarter of this year, reported Emirates 24/7.
Dr. Alaby also said that Brazil imported more than USD2.76 billion worth of mineral fuel, oil, gas and other energy products from more than one Arab country in the period from January to April.
ABCC’s CEO added that Brazil has projected its oil production to reach over 1 million barrels per day after new discoveries of pre-salt oil reserves.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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