Browsing: Economy

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.

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.

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.

The mine that attracted crowds in the 1980s is now explored as a modern mine by the Canadian Colossus. The old mining village, however, is still witness to the past.

Carajás should double its production capacity by 2015. The Vale mine in the middle of the Amazon forest is responsible for making Parauapebas, in Pará, the second main exporter in Brazil.