Brazilian revenues from sales to the League of Arab States totalled US$ 6.05 bn from January to August this year. Shipments have decreased as a consequence of the business hiatus during the Ramadan.
Browsing: Economy
The figure resulted from US$ 2.5 billion in exports and US$ 2.1 billion in imports. So far this year, the Brazilian trade surplus is US$ 20.7 billion, growth of 12.4% over the same period of 2008.
According to the World Bank, 17 of the 19 countries researched in the Middle East and North Africa, reformed their economies over the last year. Saudi Arabia is the easiest for business.
The building of the maritime drilling equipment is going to cost 4 billion reals (US$ 2.1 billion). Delivery should take place between 2013 and 2018.
The consumption of families, which grew for the 23rd quarter running, was the main reason for expansion of the GDP in the period from April to June this year.
The Brazilian brand of cosmetics has relaunched a line of masculine perfumes that has essences originally from Arab countries, like Egypt and Tunisia, among others.
Industrial output in the country increased 2.1%, and services grew 1.2%. The figures were disclosed today (11th) by the Brazilian Institute for Geography and Statistics.
To the president of the Energy Research Company, Maurício Tolmasquim, despite the greater state presence, the oil reserves discovered in Brazil will be profitable to private investors.
The Trade Representative of Egypt, Mahmoud Mazhar, and the Arab Brazilian Chamber secretary general, Michel Alaby, visited the premises of Electrometer, a power metre factory with Egyptian capital.
The Arab Brazilian Chamber promoted workshop ‘Get to Know the Arab Market’ at its head office in São Paulo yesterday (10). The meeting aimed to show opportunities to Brazilian businessmen.
The deficit in the first four working days of September was US$ 1.1 billion, against US$ 4.43 billion in the first four working days of September 2008. Year to date, the balance is US$ 5.78 billion.
The stamp of the Federal Inspection Service (SIF) is featured on food products that circulate in Brazil and in over 180 countries, and guarantees product quality and origin.
The institution established a partnership with the Ministry of Health, through which it will train 860 public health workers from 13 states in Brazil.
Once a month, the organisation is going to promote event ‘Learn about the Arab Market’, aimed at small and medium businesses intending to export. The first is on Thursday.
