The trade flow in the first quarter grew 43%. The figure is the sum of Brazilian exports of US$ 1.765 billion and imports of US$ 2.169 billion. The trade balance in the period presented a surplus of US$ 404 million for the Arabs in the period.
Author: Mark Ament
From the Newsroom* São Paulo – Embraer, the Brazilian aircraft maker, closed the first quarter of this year with a firm order backlog of US$ 20.3 billion. The number of firm orders rose US$ 1.5 billion in the first three months of this year, according to information disclosed by the company. The number involves commercial,
After living abroad for many years, the Lebanese Patrick Sayegh felt the need to establish an online business network to help the thousands of Lebanese spread around the world. For this reason, he established LEBConnection, a site that permits the promotion of business, investment, work and housing opportunities.
The minister of Trade and Industry, Rachid Mohamed Rachid, told the business delegation from the state of Minas Gerais, which concluded its mission to the Arab country last weekend, that he should visit Brazil still this year. He promised to go to the state. In Cairo, companies from Minas participated in meetings with local companies and closed deals.
Carmakers installed in Brazil posted revenues of US$ 3.24 billion in exports from January to March this year. The growth was 13% over the same period last year. The sector posted domestic growth and record production in March.
Representatives of the governments of both countries meet today and tomorrow for the first talks regarding the trade agreement. From the meeting should come the definition of the scope of the treaty: whether it will be free trade or tariff preference.
This is the objective of the Pierre Auger Observatory, built in Argentina by institutions in 17 countries, among them Brazil, which played an important part in the intellectual industrial and financing areas. The complex studies the origin of cosmic rays that reach Earth carrying impressive volumes of energy.
The growth took place in the first two months of this year as against the same period last year. There has also been growth of 6.12% in wages and in the use of the installed capacity, which reached 83.83%. One of the sectors that posted good performance in sales was the garment industry.
Artist M’Hamed Marzouk, born in Tunisia, arrived in Brazil in 1975 to spend two years. The Brazilian people and land pleased him to such an extent that he adopted the country as his new nation. In January, Marzouk was awarded at Mali Villas-Bôas Gallery, in São Paulo, and this week he is exhibiting at Mount Lebanon Athletic Club.
Artist M’Hamed Marzouk, born in Tunisia, arrived in Brazil in 1975 to spend two years. The Brazilian people and land pleased him to such an extent that he adopted the country as his new nation. In January, Marzouk was awarded at Mali Villas-Bôas Gallery, in São Paulo, and this week he is exhibiting at Mount Lebanon Athletic Club.
Around 20 businessmen interested in importing foods, building material, machinery and auto parts visited the Brazilian stand at Tripoli International Fair. The event, which started on Wednesday and ends on April 12th, includes the presence of the Arab Brazilian Chamber.
The Brazilian-naturalized Jordanian Bassan Giorge Necola Hanna and the Kuwaiti Khaled Rodan are going to launch, this month, resort Termas do Tabuleiro, in Santa Catarina. The hydro-mineral station should be the first enterprise by Baden Baden Hotels and Tourism, a company that belongs to them both. Investment in the project should reach 90 million Brazilian reals (US$ 52 million).
Companies Neolite Egypt, and Al Ganoub Tanning Factory, based in Egypt and in Saudi Arabia, respectively, are going to showcase their products at the 32nd Fimec, a trade fair for leather and shoe parts, to be held next week in the southernmost Brazilian state of Rio Grande do Sul. Neolite manufactures rubber resins, and Al Ganoub makes goat leather.
From the Newsroom* São Paulo – Brazil plans to increase wheat production to 7.1 million tonnes up to 2012. The intention is for national production to answer to 60% of consumption. The proposal is part of the Five Year Plan for Support to Wheat Farming, which is being discussed by representatives of the wheat sector
