In Brazil, the sector should end the year with over US$ 130 billion in revenues. Imports may exceed US$ 25 billion.
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The municipality of São Paulo remained the leading generator of industrial wealth in Brazil in 2008, according to a Statistics Institute survey. However, the city’s share dropped compared with 2004.
Brazilian bank aims to maintain lasting relations with members of consortium that announced US$ 1.8 billion investment in the institution, among them the Abu Dhabi government, in the Emirates.
Paulo Gabriel Hilu da Rocha Pinto has told, in 200 pages, the history of Arabs and their identity in Rio. The book ‘Arabs in Rio de Janeiro – a plural identity’ arrives at bookstores this month.
The sector was the only one that grew as against the previous three months. In comparison with the same period in 2009, however, there was also expansion in industry and agriculture.
Cláudio Camelier, the Executive Jet Market Intelligence vice president at the Brazilian aircraft maker, said that 300 aircraft should enter operation in the region over the next 10 years.
The consortium that will purchase 18.65% of BGT Pactual includes the emirate’s Investment Council. The group is going to spend US$ 1.8 billion on the deal.
This is the estimate of the Abraciclo, which forecasts growth of 16% in shipments as against last year. Brazilian production up to November was 1.71 million motorcycles, 18% more than in 2009.
The Lineage 1000 executive jet, manufactured by Embraer, was the first of two in a large order placed by Falcon Aviation Services (FAS), based in the capital of the United Arab Emirates.
Brazilian industrial production grew in four of the 14 Brazilian states researched by the IBGE. The highlights were Bahia, with growth of 5.4%, and Espírito Santo, where production grew 3.8%.
Embraer has nominated ExecuJet Aviation Group to be its new Authorised Service Centre in Dubai, in the United Arab Emirates. The Brazilian company has already sold two jets to Saudi Aramco.
In November, 321,100 vehicles were manufactured, representing growth of 10% over the same month last year. So far this year, exports have risen by 58.1%.
Brazilian trade balance had a surplus of US$ 580 million in the first week of December, in three working days. Exports totalled US$ 2.67 billion, and imports, US$ 2.09 billion.
In bilateral trade, in vehicles and where it is least expected. Qatari companies are making acquisitions worldwide and already own stakes in popular brands in Brazil, like Santander and Volkswagen.
