As is the case in Brazil, the ghost of inflation is trying to destabilize the economies of the Arab countries. In Egypt, the Consumer Price Index rose 1.02% in January.
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The profit was 11.7 billion last year. The value is 15.3% greater than the US$ 6 billion obtained in 2009 and is the highest in Bank of Brazil history.
Economic activity grew 7.81% in Brazil last year, according to the index disclosed by the Central Bank.
Real estate financing with funds from savings accounts grew 65% last year and reached a record value, according to the sector association.
Petrobras did not import crude oil from the region in January. The Arab market, however, was a regular supplier throughout last year.
The Emirates is going to bring together female entrepreneurs from several areas and countries on March 7th and 8th. The aim is to exchange experiences and improve relations.
The government of Brazil discussed on Monday (14) with representative of the private sector a set of measures to recover exports of manufactured goods.
Brazilian businessmen may participate in 14th edition of the International Medication and Medical Equipment Salon, to take place in the Algerian capital from the 20th to 23rd of April.
Brazilian exports in the second week of February totalled US$ 4.226 billion and imports, US$ 3.678 billion. In the month, the accumulated balance rose to US$ 980 million.
Those interested in learning the language may enrol to participate in the Syrian Arab Cultural Centre, between February 21st and 24th. The course is free and lessons begin in March.
The Brazilian food company is going to expand its industrial unit in Pouso Alegre, in Minas Gerais. Annual revenues should rise from US$ 4.8 million to US$ 11 million after expansion.
The commodity should continue appreciated in coming months, generating revenues in the Arab world. In Brazil, price transfers are not expected to affect petrol or diesel prices.
Micro and small companies in São Paulo had growth of 9.6% in revenues in 2010 as against the previous year. Micro and small companies of the state represented one third of those in Brazil.
Egypt and the United Arab Emirates are among the importers for Gerbar, a maker of fans with different design. Sales are by a distributor in the United States.
