The bank should inaugurate its office in Dubai in the first half of 2007. One of the objectives, according to the foreign trade director at the institution, Nilo Panazzolo, is to attract investment to the Brazilian capital goods market.
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After a talk by the secretary general of the Arab Brazilian Chamber, Michel Alaby, yesterday at Vale do Rio Sinos University (Unisinos), businessmen from the shoe sector sought Alaby for further information. The talk was part of the 4th edition of the Regional Foreign Trade Meeting, promoted by Unisinos and by the Bank of Brazil.
The 26th edition of the National Conference on Foreign Trade will take place today and tomorrow in Rio de Janeiro. The reduction of bureaucracy, financing, investment, logistics and service exports are some of the subjects to be discussed. The Arab Brazilian Chamber of Commerce will have a stand to show the potential of the Arab countries.
The amount corresponds to contracts renewed by Brazilian leather and shoe component factories that participated in Meet in Africa. The trade show, turned to the leather and shoe sector, started on Saturday (25) and ended at the beginning of this week in the capital city of Egypt. The Brazilian participation was organised by the Brazilian Association of Shoe and Leather Components Industries and the Brazilian Export and Investment Promotion Agency.
The Arab country is after suppliers and investors for the development of the areas of infrastructure and energy. For this purpose, fair Project Libya 2006 will be promoted in Tripoli between December 4 and 7. The event will count on the participation of the secretary general at the Arab Brazilian Chamber of Commerce, Michel Alaby.
Andrade Gutierrez and Norberto Odebrecht are going to be present in the 4th International Public Works and Construction Trade Fair, which begins today in Algiers. They are eyeing a billion dollar market. The projects to be shown at the fair alone total US$ 23 billion.
Three years ago, Luana Soares created beachwear brand Flor de Menta (Mint Flower), in the southernmost Brazilian state of Rio Grande do Sul, and now she is betting on the Arab market. The businesswoman has already shipped 400 pieces to Egypt, and is currently negotiating with an importer from the United Arab Emirates.
A group of 13 Brazilian companies that manufacture raw material for leather and shoes will have their products exhibited at Meet in Africa, to be held between November 25th and November 27th in Cairo, the capital city of Egypt. This is the fifth Brazilian participation in the travelling exhibition.
The National Craftsmanship Fair, which will kick off tomorrow in the southeastern Brazilian state of Minas Gerais, will feature importers from 30 European, African and Asian countries, as well as the United States. Overall, 8,000 exhibitors are going to participate, and 200,000 visitors are expected to attend.
The products made by Fame, an industry from the state of São Paulo, southeastern Brazil, are shipped to Egypt disassembled, where they are finished by Lotas, an Egyptian company that has operations in Brazil. Products from there are distributed to another five countries in the region. The company is working on spreading the culture of electric showers in the Arab market, which tends to use gas.
Index, the largest furniture trade fair in the Middle East, opened doors for new national companies to enter the Arab market. Approximately 80 orders were made during the event, for a total of US$ 3 million. The fair ended in Dubai on Saturday (11).
Herval, a manufacturer of high-end furniture from the southern Brazilian state of Rio Grande do Sul, already has a space in Sharjah, opened by local representative Home Plaza. Now the company will have showrooms in Dubai and Abu Dhabi as well. The company is participating in Index, a trade show for the furniture industry that will end today (10) in the Arab country.
The organization ended its participation in Project Jordan, a construction sector fair in Amman, the capital of Jordan, on Friday (10). Arab Brazilian Chamber representatives who participated in the fair want to return to Jordan with a delegation of businessmen next year.
