The organization advises for Egypt to expand its reforms to improve the business environment and attract further investment. It acknowledges that the country has progressed a lot in recent years.
Browsing: Economy
The São Paulo Stock Exchange reached all-time highs in monthly financial volume, daily volume of funds and number of deals per day.
Imagiro wants to gain space domestically and abroad by producing origami. Items made using the Japanese paper folding art may be used as gifts and scenic elements, for instance.
A survey conducted by the Brazilian Banking Federation indicates that the Brazilian trade surplus should go from US$ 15.7 billion this year to US$ 8 billion in 2011, driven mainly by greater imports.
According to the Brazilian Finance minister, the Federal Reserve’s decision of circulating US$ 600 billion will only depreciate the dollar and make the United States’ exports more competitive.
An institute from Rio de Janeiro develops equipment for production of electricity from the waves. Modules that are being tested also promote desalination of sea water.
The result refers to the first three quarters and is part of the Industrial Indices research, disclosed on Wednesday by the National Confederation of Industries. In September, revenues grew 1.9%.
The Arab Brazilian Chamber has developed a study of the products that should post the greatest growth in the trade basket between the South American bloc and the North African country.
On the 6th, the Syrian-Lebanese Hospital will open its first external unit, in the Itaim Bibi neighbourhood of São Paulo. Facilities will include image diagnosis, oncology and reproduction centres.
Airports in the two cities had some of the highest increases in passenger flow in September, according to the Airport Council International. Middle East and Latin America topped the global ranking.
The Brazilian trade balance recorded a surplus of US$ 14.6 billion from January to October. There was a 35% decline over the same period of 2009 as a result of the increase in imports.
Sales of vehicles in Brazil rose from 3.9 million units to 4.3 million units from January to October. The figures were disclosed today by the Fenabrave.
The multinational should start running a mayonnaise production unit in the city of Gaspar by December next year.
Estimates for expansion of the Gross Domestic Product of Brazil in 2010 have risen from 7.55% to 7.60%. For 2011, the forecast is for GDP growth of 4.5%, maintained for 47 weeks.

