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.
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The US$ 364 million deficit was a result of US$ 3.414 billion in exports and US$ 3.778 billion in imports. The week only had three working days.
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.
Boosted by the building sector, imports of iron and steel in the Arab world totalled US$ 55.4 million between January and March. The advance was 275% over 2010.
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.
The food company intends to increase capacity at its Carazinho unit, which makes UHT milk, condensed milk, chocolate powder and milk cream, by 50%.
Shipments reached 2.8 million tonnes in the first quarter and revenues totalled US$ 2 billion. National production was 8.5 million tonnes of raw steel and 6.4 million tonnes rolled steel.
The number of mobile subscriptions has reached 210.5 million in March in Brazil, according to National Telecommunications Agency figures.
The sum of dollar inflow and outflow in Brazil was positive by US$ 605 million up as of last Friday, April 15th, according to a bulletin of the Central Bank.
The appreciation of Brazilian real is the effect of the country’s strong attraction of foreign investment, according to Development, Industry and Foreign Trade minister Fernando Pimentel.
Targeting the foreign market since its inception, in 2006, Fortaleza city-based bikini and swimsuit brand Marrazzo has sold its items to Portugal, Spain and Switzerland. Arabs are welcome to the list.
There was an increase in domestic flights in March compared with the same month of 2010. In international routes, the increase was close to 30%.
Federal revenues totalled US$ 45 billion in March, a record figure for the month, according to the Revenue Service.
The establishment of a direct flight between Egypt and Brazil is under negotiation. Ahead of the process is Brazilian travel operator CVC and its partner in the Arab country, Watania Tours.
