Brazilian institution has announced a net profit US$ 5.9 billion, an increase of 47.2% compared with the previous year.
Author: From the Newsroom
World Economic Forum points out people that can make a different during the year. Among them is the Kuwaiti Naif Al Mutawa, creator of comic book The 99.
Former Brazilian president Luiz Inácio Lula da Silva will be honoured by the Federation of Muslim Associations in Brazil next Monday in São Paulo.
This week, Université Saint-Esprit de Kaslik started a cycle of lectures on the foreign policies of Latin American countries. The first theme was Brazil.
The Brazilian Development Bank and the Studies and Projects Funding Body should finance development of new sector technologies and products. The aim is to keep Brazil in the biofuel lead.
The increase took place over an eight-year period. During the period, annual consumption in Brazil has gone from 113 to 125 kilograms per person. The information was supplied by the IBGE.
The city of Uberaba, in Minas Gerais, should receive an ammonia production unit and a gas pipeline turned to the enterprise. The works should begin in February next year.
The Foreign Trade Chamber has extended the tax exemption on the product’s imports to trading companies. In the past, only textile industries were eligible.
The funds are destined for urban development and housing programs in the metropolitan region of the state capital. The forecast is that 2 million people should benefit.
Brazilian sector exports totalled US$ 106.7 million in February, while imports reached US$ 502.4 million, according to the Brazilian Textile and Apparel Industry Association.
Survey shows a surplus of commercial facilities for rent in the emirate. Prices are expected to drop further in the region due to political unrest.
Average daily revenues from shipments grew by 35% compared with March last year. In the first two weeks of the month, a US$ 841 million surplus was recorded.
At a forum organized by the Al Jazeera Channel in Qatar, former Brazilian president called for rotating leaders and claimed that ‘the people, not the rulers, are the driving force of transformation.’
The Arab country plans on putting four new electric power plants into operation between July and August this year.
