Funds will be applied to the lorries and buses division until 2012.
Browsing: Economy
The 14th Rio Oil & Gas takes place up to the 18th, with 1,100 exhibitors from 20 countries. Apart from the fair, there should also be business roundtables for small companies and conferences.
From January to August, the Arab country sold 4,000 pairs of shoes to Brazil. Sales totalled US$ 282,000. Morocco was one of the 15 main suppliers to the Brazilian market in the period.
Edison Lobão, for Mines and Energy, stated that the country is going to build from 50 to 60 plants over the next 50 years. He made the statements when visiting the site in which Angra 3 will be built.
Agricultural activities, the field of civil construction and public expenses were the main boosters of growth of 6.1% in the Brazilian economy in the second quarter.
Kikoys, wraps used by ancient Arab merchants over their bodies, are going to become kangas in the hands of Brazilian women this summer. The product traded here is imported from Kenya.
Conclusion of drilling at the Iara well, in the Santos Basin, revealed reserves containing from 3 billion to 4 billion barrels of light oil and natural gas in the pre-salt layer.
The expansion rate concerns the comparison with the same period of last year. In the second quarter of 2008, the GDP increased 6.1% over April to June, 2007.
Mobile operator TIM recorded a 160% increase in calls made by its subscribers on trips to the Arab country. The Emirates is growing as a tourist destination for Brazilians.
Costing around 131 million euros, construction will take place in the city of Constantine, east of the country. This is the fourth enterprise by the Brazilian company on Algerian territory since 2006.
Rio de Janeiro – The actual payroll of industry workers in Brazil has increased by 1.3% in July compared with the month of June. In the comparison with July 2007, the expansion was 6.9%. The survey was disclosed today (9th) by the Brazilian Institute for Geography and Statistics (IBGE). Industry wage increase, which reached 7.4%
Rio de Janeiro – Employment level in the Brazilian industrial sector has risen for the second consecutive month, having posted growth of 0.7% in July, compared with the previous month, according to a survey by the Brazilian Institute for Geography and Statistics (IBGE). The survey shows that the variation was the highest since May 2004,
Starting next month, trade transactions between both countries may be made in reals or pesos, eliminating the need for use of the dollar.
