HiTs Telecom, from Saudi Arabia, has acquired 49% of participation in Unicel, a Brazilian company that has a license to operate in mobile telephony in the metropolitan area of São Paulo. This is one of the first actions of HiTs America, established by the Saudi company to operate in South America.
Author: Mark Ament
The Brazilian bank is going to open a subsidiary of its brokerage branch in Dubai and a representative office in Abu Dhabi. In an interview to ANBA, the president of Itaú Securities said that he is optimistic regarding the perspective of attracting investors to Brazil.
One of the bets of Titã Eletrocomerciais, which already exports to 11 countries – including Saudi Arabia -, is to invest in the Middle East. The first step will be participation in Gulfood, a fair in the food sector to take place in Dubai.
Agência Brasil* Rio de Janeiro – Brazilian oil company Petrobras informed yesterday (27) that it is going to start distributing diesel with 50 ppm (particles per million) of sulphur to makers of diesel-powered vehicles. The product is going to be tested by the vehicle makers. In a press statement, the company informed that the fuel
Agência Brasil* Brasília – The economy of the public sector (federal government, states, cities and state-owned companies) to honour their financial engagements and payment of interest on their debts, the so-called primary surplus, reached 18.712 billion reals (US$ 11 billion at current exchange rates) in April. In the same period of last year, the primary
Exports of Brazilian products to the region reached US$ 380 million in 2007. To the secretary general at the Arab Brazilian Chamber of Commerce, Michel Alaby, the performance is largely due to the participation of companies in the Big 5 Show. This year the organisation and the Apex are going to organise a Brazilian pavilion once again.
The Arab Brazilian Chamber of Commerce and the Brazilian Export and Investment Promotion Agency have developed the Dubai Business Centre, where businessmen from Brazil may count on cargo movement, storage, redistribution, packing and commercial intelligence support services.
Agência Brasil* Rio de Janeiro – Brazilian oil company Petrobras announced yesterday (26), in an official press statement, the discovery of oil and gas in ultra-deep waters in the Central Gulf of Mexico, in the United States. The discovery was made via the Stones number 3 well, operated by Shell. Petrobras America Inc., a Petrobras
From the Newsroom* São Paulo – The Arab Culture Nucleus at the Syrian Sports Club, in São Paulo, is going to promote on Saturday (31) a talk about the archaeological discoveries of Syria, an Arab country that has over 10,000 years of history and is rich in archaeological records. The speaker is Ahmad Serrieh, director
From the Newsroom* São Paulo – The Arab Culture Nucleus at the Syrian Sports Club, in São Paulo, is going to promote on Saturday (31) a talk about the archaeological discoveries of Syria, an Arab country that has over 10,000 years of history and is rich in archaeological records. The speaker is Ahmad Serrieh, director
This information was disclosed by Petrobras president José Sérgio Gabrielli. The project connects the cities of Senador Cañedo, in the midwestern Brazilian state of Goiás, to Paulínia, in the southeastern São Paulo. The total cost is approximately US$ 1 billion.
The minister of Agriculture of Brazil, Reinhold Stephanes, has announced that the World Organisation for Animal Health has considered 10 Brazilian states and the Federal District, where Brazilian capital Brasília is located, free of foot and mouth disease through vaccination. Now only the state of Mato Grosso do Sul has sales barred.
Tourists from the country spent abroad US$ 939 million in April. There was a 25% increase in values as against March. The figures were influenced by the dollar and by the increase of income among the population.
The inflow of foreign direct investment into Brazil reached US$ 12.7 billion in the first four months of the year. The sectors that received the largest volume of funds were the ironworks, banking, trade, mining and vehicle industries.
