City in the São Paulo state’s interior becomes established as a promising shoe production hub, especially due to investment in greater comfort and quality of the items, which are already sold abroad.
Browsing: Economy
The Brazilian Ministry of Development raised its foreign sales forecast up to US$ 180 billion this year, as against an initial estimate of US$ 168 billion.
In Brazil, costs have tripled in five years, according to a study by the Ipea and the Ufrj. The main cause was shortage of equipment and services, and drilling at increasingly complex areas.
Brazilian trade balance surplus totalled US$ 3.4 billion in the month, as a result of exports of US$ 17.7 billion and imports of US$ 14.3 billion.
Al-Máhjar, a centre for studies on Arab immigration in Brazil owned by the Icarabe, has collected roughly 400 stories of Arab immigrants and descendents. The data bank will be the subject of a study.
The Brazilian mining company sold a 30% minority stake in Vale Oman Pelletizing Company to Oman Oil Company, the country’s oil company. The sale generated US$ 125 million.
Company Pedra Rio, from Espírito Santo, has six Arab clients and wants to expand sales to the region. The Emirates and Saudi Arabia are the main importers.
União Química, a Brazilian company that owns three industrial parks, is negotiating with Gulf countries and intends to start exporting to the region in the next few months.
Foreign labour is the majority in Qatar. Brazilians operate in areas like football and aviation and speak about their experiences in the last article in the ANBA series about the country.
This statement was made by the Brazilian minister of Mines and Energy, Márcio Zimmermann. Three Brazilian regions are already being studied for establishment of nuclear plants.
The fourth article in the series about Qatar reveals that the channel will invest in new sports and news channels in other languages. Brazil is part of the Doha-based network’s expansion plans.
Emirates SkyCargo was chosen as the best air cargo company of 2010 by British magazine Air Cargo News. It is the sixth time that the Arab enterprise receives the award.
Al Jarida is an Italian-Arabic weekly newspaper geared towards Moroccan and Egyptian immigrants living in the region of Lombardy, which comprises the city of Milan.
Márcio Barbosa heads the Cultural Village, a US$ 1 billion complex to provide incentives to production and make Qatar a sector hub. The third article in the series about the country covers the matter.

