The organization gives a positive assessment of the Brazilian economy, but suggests long term measures to ensure growth, encourage investment and reduce poverty even further.
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Compliance with Sharia, in contracts made with Arab companies, may require different legislation from Brazil’s. The topic was covered in a talk on Wednesday at the Arab Brazilian Chamber.
An IMF report forecasts great GDP growth for oil exporters in 2011, however, low growth is forecasted for the importers. Economic recovery of these nations should be slow in 2012.
Brazil received a US$ 50 billion-plus inflow from January to September. Foreign spending on services and remittances, however, should result in the highest ever nominal current account deficit.
The Brazilian aircraft manufacturing company will hold its eighth Embraer Executive Operators Conference in the Middle East this Tuesday and next Wednesday in the United Arab Emirates.
A Central Bank report issued today shows that during the month, the Brazilian balance of payments ran a US$ 808 million surplus. Current transactions, on the other hand, ran a US$ 2.2 billion deficit.
Journalist Isaura Daniel received the award of the Brazilian Association of Highway Concessionaires, in the Internet category, for article ‘Ready to resurface’, published in July.
The World Economic Forum discussed growth and job generation in the region. Education, entrepreneurship, equal conditions, competitiveness and the rule of law are essential.
Exports stood at US$ 5.277 billion and imports stood at US$ 5.581 billion, resulting in a US$ 304 million deficit.
An event promoted by Arab Brazilian Chamber and the Apex will show how enterprises may access the market and tap into the main business opportunities in the region. Enrolment is open.
Innovative ideas brought a Brazilian and a Jordanian to the final of the Empretec Women in Business Award, granted by Unctad. The winner will be announced in Qatar, in April 2012.
Country imported 247,000 tonnes of cement from Arab countries up until September. The volume is 12 times larger than in the same period of last year, but represents only 0.5% of national consumption.
The funds will be allocated to new product development and to expanding the market share.
The Brazilian footwear brand took its 2012 spring-summer advertising campaign to 15 different nations, including Saudi Arabia. The items have been adapted for the country.
