Motivated by the growing construction industry, the Arab country wants to go from its current 6 million tonnes a year to 15 million. Foreign companies are investing in the sector.
Author: From the Newsroom
The increase took place in the first two months of 2009. The growth in online trade also stimulates new businessmen to bet on the Internet as an efficient sales channel.
São Paulo – Brazilian airline TAM posted an operating profit of 725.2 million reals (US$ 311.2 million) last year. The figure represents growth of 67.3% over the 433.5 million reals (US$ 186 million) recorded in 2007, according to information disclosed by the company today (31st). Gross operating revenues went from 8.5 billion reals (US$ 3.6
Minerva intensified its operations in the two regions during the crisis. The African share in exports by the company went from 3.5% in late 2007 to 17.5% in the last quarter of 2008.
Economic measures approved by the National Monetary Council should cause banks to reduce their interest rates and simplify loans.
The company recorded a 65.2% increase in pulp sales in 2008. China greatly boosted exports by the enterprise, having answered to 82.5% of total sales.
Augusto Boal will be honoured today, in Paris. Boal’s method is known and practiced in over 70 countries. Among them Arab countries like Algeria, Egypt, Lebanon and Palestine.
President Lula participated in the inauguration of the unit in Pernambuco, which received investment of 300 million reals. The mill should produce sausages and generate 1,500 direct jobs.
The Brazilian Tile and Stone Exhibition, which begins today in São Paulo, should receive buyers from over 40 countries, among them the Emirates, Libya and Saudi Arabia.
The agreements signed yesterday refer to the construction of Abreu e Lima Refinery, in the state of Pernambuco, northeastern Brazil.
A study shows that the impact of devastation of the forest may alter the climate in Brazil and in neighbouring countries. In the last 30 years, Brazil lost 600,000 square kilometres of forest.
Braskem will invest US$ 219 million to manufacture plastic from ethanol, and Petrobras, US$ 263 million to reduce the amount of sulphur in gasoline and diesel, in the state of Rio Grande do Sul.
Purchases of consumer goods on the Internet by Brazilians totalled US$ 3.5 billion in 2008. The figure represents growth of 30% over the previous year.
Among the countries in the group, Brazil is the third most entrepreneurial, only behind Argentina and Mexico. The country has 14.6 million entrepreneurs.
