Finance minister to keep track of raised Tax on Financial Operations’ effect on fixed income operations by foreigners before considering new measures. Market rumour has it a new increase is underway.
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Adel Auada, responsible for the Tourism Committee at the Arab Brazilian Chamber, should discuss the growth of tourism between Brazil and the Arab world at a talk at the Syrian Sports Club on Saturday.
The Brazilian real estate investment company, which has capital from the Royal Group, in the Emirates, is going to issue on the market shares of a new fund, for the value of US$ 157 million.
Rio de Janeiro-based ZIPLux wants to start selling its solar-powered street lighting poles abroad by the Arab countries. It has even assembled an exclusive line to offer in the region.
The government of Mozambique and the Brazilian mining company consider using methane, released in coal extraction, to generate electricity in the Moatize Mine, in the African country.
The internet programme won the regional leg of the Aberje prize, for entrepreneurial communication, in the Media – Small and Medium Businesses category. Now, it competes for the national prize.
The Brazil-Arab News Agency had its anniversary last month and celebrated it with a record high number of visits: 1,170,000 in September.
Revenues from Brazilian exports to the Arab League countries totalled US$ 1.42 billion in September. Saudi Arabia, Egypt, Emirates, Algeria and Morocco were among the leading targets.
The Arab Brazilian Chamber’s Nahid Chicani will speak on the relation between Brazil and the Arab world at the 13th Arab Businessmen Forum, to be attended by local entrepreneurs this week in Beirut.
The population of Brazil should peak at 206.8 million in 2030. From then on, the number of citizens should start declining, according to a survey of the Applied Economic Research Institute.
Perspectives are the best possible for mining in Brazil, a sector that answers to 5% of GDP and should have revenues of US$ 35 billion in 2010. China and domestic growth explain the boom.
In early October, the Brazilian food industry group completed its purchase of multinational Keystone Foods, which owns operations in 13 countries, including Bahrain, Oman, Kuwait, Qatar and Emirates.
Eight companies in the state have received Fundopem and Integrar, financial incentive programmes of the state’s government, to expand facilities and generate new jobs. US$ 171.66 million will be inves
The Brazilian Tourism minister, Luiz Barretto, is on a trip to the region and will go to Turkey, Jordan and Israel to discuss business and new flights. He will get to know the tourism system in Petra.
