The country is investing in the area and also in agriculture. Brazilian enterprises may partner with the country in these sectors, according to the Libyan ambassador to Brasília, Salem Omar Ezubedi.
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.
During his stay in São Paulo, the minister of Industry and Trade of Egypt, Rachid Mohamed Rachid, praised the part played by Brazil and said that he believes in the return to Doha Round talks.
The country made a series of reforms to attract foreign industries. The measures adopted were the theme of a seminar in São Paulo, yesterday, with the presence of Brazilian and Egyptian businessmen.
Products from 21 countries, including Arab nations like Lebanon, Palestine, Tunisia and the Emirates, are being exhibited at Brazil Shows Brazil fair, in Rio Grande do Norte.
Mining company Vale do Rio Doce is going to invest US$ 59 billion to expand production until 2012. The enterprise expects strong demand from regions such as China, the Middle East and Brazil.
According to executives at company Gerdau, the Middle East, Asia and Latin America are going to drive an expansion in global steel demand, which should rise 7% this year.
The bus body maker exported 1,278 vehicles from its units in Brazil in the first half of this year. Despite tight profit margins, due to exchange rates, Marcopolo still sells on the foreign market.
The group exported 421,200 tonnes of beef in the second quarter from its units in Brazil and other countries. Company exports from the United States should rise further in the coming months.
Global consumption is on the rise, especially where income increases, as is the case with Arab countries. Sector specialists believe that Brazil may sell more to the world and the region.
The northeastern edition of Fispal food fair should be held in November in Pernambuco. Organisers want to attract exhibitors of Arab food, so that local market consumption of the products may grow.
The sector industry had revenues of US$ 23.6 million with sales of soy oil to three Arab countries in June. Expansion over the same month in 2007 was 470%.
The Arab Brazilian Chamber of Commerce has placed at the disposal of Brazilian businessmen, on its site, a study with a series of clues about how to be more successful in trade with the Arabs.
The Al-Jazira club made a bid for midfielder Guiñazu, who plays for Internacional. He is Argentine, but has played for the Brazilian team since last year. The Arabs offered US$ 4.5 million for him.
The Federal University of Rio de Janeiro will have, in its Business Incubator, a programme turned to oil and gas technology. Enterprises in the area will receive support to start operating.
