Author: Mark Ament

The release of the group created by the Brazilian High-End Furniture Manufacturers Association (Abimad) will be organized at the Index, the furniture sector fair to take place in Dubai, in the United Arab Emirates, at which the Arab Brazilian Chamber of Commerce will be present. In 2006, the Abimad intends to bring Arab retailers to a fair in Brazil.

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The agricultural machinery producer, based in the interior of the southeastern Brazilian state of São Paulo, exports to over 80 countries. Among them are Saudi Arabia, Algeria, Egypt, Lebanon, Morocco, Mauritania, Syria and Tunisia. The eight countries were responsible for 10% of the total sold abroad by Jacto last year.

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According to a report published this Thursday by the United Nations Conference on Trade and Development (Unctad), after three years falling, foreign direct investment has returned to growing and reached US$ 648 billion all around the world. In Latin America, Brazil was the country that received the greatest volume of funds. In the Western region of Asia, Saudi Arabia and Syria were the highlights and, in Africa, Sudan and Egypt are among the main destinations.

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The product started being cultivated in the Arab country in 1820 and was the main source of income for most local families for many years. Tewfic Youssef Tewfic, of the Ministry of Agriculture of Egypt, recalls that in the past, the harvest period was a time of plenty in Egypt.

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Roses, sword lilies, gerberas, chrysanthemums, daisies and carnations have changed the reality of 200 families from the city of Maracás, in the northeastern state of Bahia. Ever since the Program for Development of Floriculture was created, in 1997, the city has won awards and prizes and has gained international recognition. In 2000, Maracás was one of the finalists of the Dubai Award for Best Practices in Local Development.

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Various companies that participated yesterday in the first day of the Egyptian Cotton Exhibition, at the Arab Chamber Space, in São Paulo, in southeastern Brazil, are starting to import the raw material now. They are weavers, garment manufacturers and retail chains that believe in the Brazilian market potential for high quality products.

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Construction company Odebrecht and oil giant Petrobras are seeking information on tenders in the Arab country at the Syrian embassy in Brasilia, according to ambassador Ali Diab. Syria is promoting tenders for the exploitation of nine blocks of oil and the construction of extraction plants. The country also has plans for opening a new refinery in the Der Al Zour province.

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Companies from six regions in Brazil have already benefited from the Industrial Export Extension Project, whose objective is to prepare small entrepreneurs for export. Fênix, a maker of shoes and components from the city of Franca, was one of the industries that identified the need for improvement of their products after they started participating in the program.

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The World Summit of Young Entrepreneurs is going to take place between March 15 and 17 next year, in São Paulo, in southeastern Brazil. The country will be the first country in South America to host the event, which is connected to the United Nations (UN). In pervious editions, joint ventures for the total of around US$ 35 million were signed between the businessmen.

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The Egyptian Cotton Exhibition begins today and goes on to Friday, at the Arab Chamber Space, in the city of São Paulo. One of the objectives, according to the Egyptian commercial consul in São Paulo, Mohamed Bakri Agami, is to eliminate intermediaries. To the Brazilian ambassador in Cairo, Elim Dutra, events like this one may help balance bilateral trade between both countries.

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Ten industries from the metropolitan region of Curitiba, the capital of the southern Brazilian state of Paraná, established Brazilian Marble and Granites. In the last two years, the companies standardized processes, invested in personnel training and in the quality of the products. Now they will have representative offices at the Brazilian product distribution centre that the Brazilian Export Promotion Agency (Apex) has set up in Miami.

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