Brazilian banks will be able to raise funds abroad to fund domestic companies operating out of the country. The measure will aid the internationalization of these businesses.
Browsing: Economy
The City Hall celebrated the 30 years of Arab events promoted by Jerusalem Institute. Leaders at the Arab Brazilian Chamber were also honoured for their contributions to the city.
The country lost most its oil revenues upon separating from the South and is betting on agriculture to make up for it. On the other hand, Arab nations need a place in which to produce food.
The logistics company of the United Arab Emirates should start operating in Pernambuco in the second half of December. The company also plans to work in other Brazilian states.
The Organisation for Economic Co-operation and Development warned that the euro zone may be entering a recession. Brazil should grow 3.4% this year, according to the organisation.
Francisco das Chagas Neto learnt the secrets of Arab cuisine, established CH Doces and sells to the main typical restaurants in the centre of São Paulo and to nine other states.
Sovereign funds from the Persian Gulf have signed an agreement to invest in tourism-oriented works in the Maghreb country.
Brazilian bike factories are discussing establishing a manufacturing hub. The intention is to pool suppliers and obtain more competitive end products to sell domestically and abroad.
A survey conducted by the Getúlio Vargas Foundation shows that 26.3% of the people interviewed in 2,000 households believe the economic situation will improve.
Foreign sales of the brand from Rio de Janeiro answered to 30% of company revenues, but the intention is to reach 50%. The company already has clients in the US and Spain.
The oil company recorded an increase in oil and gas production in domestic and foreign fields. The daily average was 2.3 million barrels of oil equivalent.
Brazil’s primary surplus reached US$ 7.5 billion in October, according to the Central Bank of Brazil, well above the US$ 5.2 billion of the same month in 2010.
The airline’s CEO in Brazil claims that leisure tourists will not be the only ones who will travel from Dubai to Rio de Janeiro on the new route to be flown by the company in 2012.
In 2012, the aircraft manufacturing company will have a sales and marketing team a new distribution centre in Dubai. The purpose is to get closer to customers in the region.
