This Tuesday, the Tax on Financial Operations concerning fixed income investment by foreigners was raised from 2% to 4%. The measure, however, should not drive foreign investors away.
Author: Isaura Daniel
Isaura Daniel
A journalist with a degree from Unisinos and experience in economy and finance, she has been responsible for international coverages and amassed eight journalism prizes.
With lower expansion of credit and without speculation, Islamic banks suffered less with the global economic crisis. They follow the laws of Islam and were the theme of a seminar in São Paulo.
A conference on agroindustrial residue use in construction will be held in Pirassununga on the 18th and 19th. The meeting will wrap up a cooperation program including a lecture by an Algerian.
The dollar has dropped to the lowest value in the last two years this Thursday and is equivalent to 1.69 real. To analysts, however, the variation should not impact greatly on Brazilian foreign trade.
The beach fashion brand developed its 2010/2011 collection inspired on the Arab country. The advertising campaign, to celebrate the 20 years of Cia.Marítima, was also shot in Morocco.
Brazilian researchers and officials in the science and technology field will be in the Arab country on an exploratory mission on October 4th and 5th. The aim is to discuss cooperation possibilities.
Three university students from Porto Alegre established workshops to show children the history of Egypt in an interactive and creative way. Activities include the assembly of a mini museum.
The Institute for Technological Research (IPT) tested in its wind tunnel, in São Paulo, the effects wind may have on a bridge to be built in Constantine, Algeria.
The National Semi-Arid Institute is studying cattle of the Pé Duro breed, which survives well in warm climates. Genes may be used to adapt other breeds to global warming.
The National Semi-Arid Institute is going to offer a training course to pass the Brazilian experience with the region’s climate on. The training will take place within the Aspa Summit.
Shoe company has already shipped several orders to the Arab world, and now it wants to sell significant volumes to the region again. Myrabel hopes to deal with Arabs at Italian fair Micam this month.
Licensing of imported vehicles grew 35.8% from January to August over the same period of 2009 in Brazil. Licensing of domestic automobiles, in turn, increased only 5.7%.
Private equity fund Mercatto Alimentos purchased part of the capital of Villa Germania, the largest duck meat producer in Brazil. The company exports 70% of produce to the Middle East.
Pedro Bottesi Neto is one of the few Brazilian executives in Arab companies. In Riyadh, Bottesi is the Business Development director at Maaden, the largest Saudi mining company.
