Headquartered in São Paulo, Tunisia Tur wants to attract Brazilian tourists to the Arab country. Routes offer from crossing the desert to train trips and wine routes.
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The company is building a new industrial unit in the city of Santa Cruz do Sul, in the state of Rio Grande do Sul, with investment of US$ 66 million.
The Ministry of Tourism hopes to increase the number of foreign tourists visiting Brazil by 30% by 2016, for the Rio de Janeiro Olympic Games.
The company’s Finance and Investor Relations director, Almir Barbassa, said the company needs to collect at least that volume in capital for new investment.
The government of the country is going to add US$ 2 billion to its compensation fund, used to subsidise food and primary need goods. The measure was taken to reduce price increases.
The Foreign Trade board has reduced to 2%, up to June next year, the Import Tax levied on 417 products, from capital goods to telecommunication items.
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.
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.
