The cotton cultivated in Egypt, famous for its nobleness, is already part of the daily life of the Brazilians. It is in bedclothes, towels and even socks and threads. Starting on Wednesday, however, industries will have an opportunity to increase their purchases of the product. The Egyptian Cotton Exhibition will take place at the Arab Chamber Space. Zêlo, which already sells Egyptian cotton products at its stores, will be one of the visitors.
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The cotton cultivated in Egypt, famous for its nobleness, is already part of the daily life of the Brazilians. It is in bedclothes, towels and even socks and threads. Starting on Wednesday, however, industries will have an opportunity to increase their purchases of the product. The Egyptian Cotton Exhibition will take place at the Arab Chamber Space. Zêlo, which already sells Egyptian cotton products at its stores, will be one of the visitors.
Agência Brasil Rio – The Brazilian Development Bank (BNDES), has signed an agreement with the Interamerican Development Bank for a U$ 1 billion loan to be used for small businesses (known by the acronym MPEs in Brazil). The loan is the first stage of an IDB-BNDES agreement signed in August which will eventually make US$3
The Ponta do Félix Terminal, at Antonina Port, is one of the most modern cold storage terminals in Latin America.
According to a research made by the Brazilian Micro and Small Business Support Service, the participation of non-traditional destinations in the shipments by micro sized companies went from 8% in 1998, to 12.4% in 2004. In the case of the small sized companies, the percentage increased from 7.5% to 11.2% in the same period. Of the 681 Brazilian companies that started exporting last year, 345 were small sized.
The Companhia Industrial de Vidros (CIV), which has four factories in the Brazilian northeast, exports household utensils to Morocco and to a distributor in Lebanon who, apart from the Lebanese consumers, also supplies to Central Africa. In the company evaluation, the Arab world has great import potential.
The United Nations Conference on Trade and Development (Unctad) announced yesterday two projects turned to the sector. The first forecasts the creation of a council of shippers aimed at integrating actions in the area. The second is for computerising customs clearance on the Gaza border with Egypt.
Last year 7,443 small sized companies sold to the external market against 7,098 in 2003.
Agência Brasil Rio – Yesterday (20) Petrobras announced that its subsidiary, Petrobras America, had discovered a "high quality" natural gas well during its first drilling operation in the Gulf of Mexico in an area known as Garden Banks 244, at a depth of 640 meters. A note from Petrobras reports that it owns 80% of
From the Newsroom* São Paulo – Petrobras, the Brazilian oil giant increased its average oil and natural gas production by 9.3% in August in relation to the same month in 2004. When compared to July, however, the production decreased by 2.4%. The company produced 2.2 million barrels of oil per day in Brazil and abroad.
