Egypt’s Mohamed El Baradei, former International Atomic Energy Agency director, will speak in São Paulo on the 30th and in Porto Alegre on the 31st this month.
Browsing: Economy
MKKD Partners unearths investment opportunities in Brazil and presents them to Arab governments, which pass them on to businessmen interested in doing business in the country.
The company profited US$ 2,7 billion in quarter three, as against a loss of US$ 664 million in quarter two.
The leading footwear exporting company in Brazil posted revenues of US$ 43.2 million in Q3, favoured by exchange rates. The price of exported products in Brazilian currency was up.
A survey conducted by the Brazilian Federation of Banks shows that the industry expects the economy to pick up in 2013. The GDP growth projection is 1.5% this year and 3.9% next year.
Paper company posted US$ 118 million in net export revenues in quarter three. The increase was mostly due to improved exchange rate conditions.
The aircraft manufacturing company managed to bounce back from losses incurred last year thanks to spending cuts and a change in income tax calculation. Net profit stood at US$ 65.2 million.
The pilgrimage to Mecca, the holy city in Saudi Arabia, began this Wednesday (24th) and is expected to bring together over 2 million Islamic people from the world over.
Foreign direct investment reached US$ 668 billion in the first half, a decline of 8% from the same period in 2011. The Unctad has revised its annual forecast downward.
Bahia-based company Amazun exports its products to Angola and intends to expand its foreign markets. The enterprise is aiming to sell its professional line in Arab countries.
Year-to-date, the Brazilian current account is running a US$ 34 billion deficit, according to the Central Bank.
The amount was spent during international trips in September. Spending by foreigners in Brazil reached US$ 441 million.
The country dropped from 126th to 130th in the World Bank’s ranking. Twelve Arab nations are better ranked, but only four have climbed positions.
Next Sunday in Beirut, Brazilian historian Roberto Khatlab will launch a publication about Lebanese presence in four continents, including the stories of singer Shakira and businessman Carlos Slim.
