Browsing: Economy

The ornamental stone producer exports 80% of production and has already sold to Egypt and Palestine. The company aims to export more to the region and bets on exotic granite to please the Arabs.

IMF report shows improvement in the country’s economic scenario and forecasts record high foreign exchange reserves, which are expected to reach US$ 750 million by the end of 2012.

Simone Amaro established Brigadelly, producing brigadeiro sweets at her house in the Emirates. She produces around 2,000 sweets a month and participates in a handcraft fair at Times Square mall.

The African Trade Forum should takes place in Addis Ababa, the capital of Ethiopia, this week, and should discuss how to strengthen business between the countries in the region.

The organization has revised its expectation of increase in worldwide commerce expansion from 3.7% to 2.5% in 2012 and from 5.6% to 4.5% in 2013. Director-general criticizes protectionism.