American Airlines is currently renegotiating debt. The Brazilian aircraft maker has reserved approximately US$ 300 million to cover losses with renegotiations.
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The International Christian-Muslim Meeting will take place in Foz do Iguaçu, next Saturday, following the example of a Lebanese initiative. Over 7,000 people should attend.
The company announced that it has discovered good-quality oil in another block off of the shore of São Paulo.
The figure resulted from US$ 4.921 billion in exports and US$ 4.341 billion in imports.
The patriarch of the Egyptian Christians died last Saturday. In 2006, he visited Brazil to consecrate the first Coptic Church in the country.
International Monetary Fund technicians claim Palestinian Authority has to keep cost of living under control, manage unemployment and carry out projects using only funds donated to this end.
Garment sales to the region dropped 16% in the first two months, with revenues of US$ 674,000. Bikinis and dresses were sold most, but exchange rates hinder greater sales, says sector head.
The plastic processing industry recorded a US$ 1.35 billion foreign trade deficit due to exports growing at a much lower rate than imports.
Arab Brazilian Chamber president Salim Schahin proposed for annual meeting to be held in the country. He attended the General Union of Arab Chambers of Commerce 60-year celebration in Lebanon.
The son to a Lebanese father and one of Brazil’s foremost geographers, Aziz Nacib Ab’Saber died this Friday in Cotia. An emeritus professor at the USP, he possessed vast knowledge of Arab culture.
A presidential decree issued this Friday eliminates the 1% rate levied on hedging operations made by exporters. The tax was implemented in 2011 to curb foreign exchange speculation.
According to an evaluation of the International Monetary Fund, the country’s banking system is healthy. However, declining oil prices may harm the recovery of government-related enterprises.
A group of Moroccan women established the first female motorcycle club in the Arab world so as to enjoy themselves. They have organized a trip to Marrakech next Sunday.
The petrochemical company posted foreign sales revenues of US$ 6.5 billion last year, driven by increases in prices of some products. Still, the enterprise posted a loss.
