Exports to the region reached USD 967 million last year, the Brazilian mining company reported. Vale bounced back from its 2015 loss to post a profit of USD 3.982 billion.
Author: From the Newsroom
The rate of locally-made equipment and services will be reduced by 50% in oil and gas drilling tenders.
Foreign sales of capital goods from Brazil reached USD 446 million in January, a decline of 12% compared with January of last year.
The meat packing company saw revenue from foreign sales drop by 2.1% to BRL 5.7 billion. Accounting for 21% of total exports, the Middle East was the second biggest buying region for the company.
Exports from Brazil to the region reached USD 688 million in January. Algeria was the highlight with a 108% increase in imports.
A delegation from the Arab country will be exhibiting for the first time at World Travel Market Latin America, from April 4 to 6. The goal is to increase tourist numbers by 10%.
A USD 1.249 billion surplus was recorded in the third week of February, with exports reaching USD 4.274 billion and imports amounting to USD 3.025 billion.
The Executive arm of the Doha-based carrier is looking for women with at least five years’ experience working at international airlines. Fluent English is required and the maximum age is 35.
According to city mayor João Doria Júnior, the Qatari state-owned carrier is interested in investing in rejuvenation of the expressways that run along rivers Pinheiros and Tietê.
Pellets production in quarter four last year was the biggest ever at the Brazilian company’s manufacturing plant in Sohar, at 2.5 million tons.
A prize for a healthcare app used in the 2016 Olympics was handed to minister Ricardo Barros at the World Government Summit. He also discussed cooperation with local authorities.
Foreign investment amounted to USD 850 million worth of purchase operations in the Abu Dhabi Securities Exchange in January. Net foreign investment reached USD 110 million.
Capacity for energy generation from wind sources in the country increased by over 2,000 MW last year according to an international survey.
Exports exceeded imports by nearly USD 1 billion in Brazil during the second week of February. Another surplus had been recorded in the first week of the month.

