Shipments generated US$ 648 million in the month and had as their main destinations Egypt, the United Arab Emirates, Saudi Arabia, Morocco and Algeria. In the accumulated result for the year, sales to the countries in the Middle East and North Africa have already reached almost US$ 4 billion.
Browsing: Economy
From the Newsroom* São Paulo – Embraer, the Brazilian aircraft manufacturer, announced today (05) the sales of 50 executive jets Phenom 100 to Magnum Jet, company from Houston, Texas. The value of the contract is of US$ 137.5 million, according to the Brazilian company, but may reach US$ 275 million, in case Magnum converts another
From the Newsroom* São Paulo – The 13th edition of the Rio Oil & Gas Expo and Conference, traditional fair in the petroleum and natural gas sector in Latin America, starts on Monday (11) and follows through until Thursday (14) in the Barra da Tijuca neighbourhood of Rio de Janeiro, city in Southeast Brazil. On
The products made by brand Jerusa Gomes should once again find space in the retail market in the United Arab Emirates. The company had already sold to the Arab world between 2000 and 2004 and is negotiating new exports to the region.
Agência Brasil* Brasilia – The foreign trade flow started the month of September with a surplus of US$ 395 million. It is the result of exports of US$ 746 million against imports of US$ 351 million calculated in only one working day in the month up to now, which was last Friday. The information was
From the Newsroom* São Paulo – The Federal University of São Carlos (UFSCar) signed last week an agreement with Brazilian oil giant Petrobras. In the period, the company is going to invest US$ 4.9 million in the implementation of a centre for the research of material used in oil refining. A building will be raised
The stylist from Rio de Janeiro exports to Saudi Arabia and the United Arab Emirates and has in the Arab market her most faithful clients. The products preferred by the women in the region are long skirts worked up with details. Produced individually, the clothes by the stylist are sold in famous addresses like Colette, in Paris.
The Brazilian company is a leader in technology for production in deep and ultra deep water, which should guarantee the organization new areas for work on the international market. Currently, most of the oil reserves in the world are in these areas, according to information supplied by the company.
Agência Brasil* Rio de Janeiro – The Brazilian Development Bank (BNDES) has approved the concession of a line of credit of US$ 420 million for the technological modernization and environmental protection at two mills belonging to the Usiminas ironworks group. The credit, to be granted over the next five yeas, is part of a special
The Brazilian Savings Bank (Caixa Econômica Federal) is going to sign up to the end of the year an agreement for cooperation with the Arab country. The Moroccans want to take to their country the model of work that the Brazilian institution develops in the financing of habitation for low-income families. Caixa has similar agreements with other countries in Africa and the Caribbean.
Agência Brazil* Rio de Janeiro – The Gross Domestic Product (GDP), the sum of all that is produced in the country, grew 0.5% in the second quarter of 2006, when compared to the previous quarter. In comparison to the same quarter last year, the growth was 1.2%. In both quarters, the Brazilian economy has accumulated
Agência Brasil* Brasilia – The mechanisms for attracting investments are the theme of the 10th Latin American Conference of Free Zones, event held for the first time in the country that integrates the programme of the 3rd Amazon International Fair (Fiam 2006), which starts today (30) and carries on up to the 2nd of September
From the Newsroom* São Paulo – Randon Group, which makes lorry trailers, railway wagons and auto parts, had revenues of R$ 1.03 billion (US$ 481 million at current exchange rates) in the first half of this year, according to figures supplied by the company. The figure was 5.4% more than the performance from January to
