Browsing: Economy

Greater São Paulo area cosmetics company Arte dos Aromas already earns 8% of its revenues on the foreign market and wants to reach 15% by 2012. It sells to Europe and plans to invest in the Arabs.

According to the chairman of the European Parliament delegation for Mercorsur relations, Luis Yáñes, Brazil is the country of the hour because of its social and economic progress.

The region grew the most as a source of foreign direct investment in 2010, according to the Unctad. International acquisitions made by Brazilian and Mexican companies were a highlight.

A report by the fund shows that, in the long run, political changes are opening opportunities in the region, but in the short run, there are great internal and external challenges to face.

The Brazilian oil company produced 2.6 million barrels of oil and gas per day in Brazil and overseas in March. Resumption of activity and entry of rigs into operation contributed to the performance.

The Brazilian institution informed that it has acquired the entire equity capital of EuroBank, which is based in the United States. The value of the deal was US$ 6 million.

The Brazil-Lebanon Cultural Centre opens its doors on April 27th in Beirut. With Portuguese and dance lessons, exhibitions and other activities, the aim is to promote Brazilian culture among Arabs.

After living in Palestine, Falastin Zarruk adopted the use of the hijab and, now, with her own brand and a blog, she teaches other Brazilian Muslim women to wear the Islamic veil with charm.