The company’s researchers developed a technology that speeds up the breakdown of the polymer material that the bottles are made of.
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The National Confederation of Industries (CNI) and the UAE’s embassy in Brasília will hold a conference next Monday in São Paulo. Economic relations and the main barriers faced by multinational companies operating in both countries will be among the topics.
The World Bank released a report this Wednesday. Brazil went from 125th to the 109th position. The UAE is among the top 20 countries for the first time.
The National Index of Consumer Expectation (INEC) climbed 4.4% in October over September, but Brazilians are still cautious when buying.
The forecast was made by European aircraft manufacturer Airbus, which also expects a demand for 2,720 new aircrafts in the region.
Delegation with representatives of 16 Brazilian companies is visiting the emirate for business meetings, among them the participation in the Global Islamic Economy Summit.
The industry’s foreign sales totaled USD 736.6 million, a drop of 9.4% in comparison to the same month of last year.
The index measured by Fundação Getulio Vargas dropped 11.2 points in October, before the election final results, to 110.3 points. However, it still reflects a high level of uncertainty.
The president issued a decree that establishes a foreign investment department within the Ministry of Finance. The country is getting ready to open up some sectors to 100% foreign ownership this year.
Trading company Braseco is taking part, until October 31, of trade mission to the country, organized by the Arab Chamber.
The North American currency climbed 1.51% this Monday and ended the day at BRL 3.71.
A plant in the emirate will integrate landfill gas, solar panels and an agro project. UAE-based company Utico will build the USD 100 million venture.
Weekly survey by the Brazilian Central Bank (BC) shows that financial institutions expect the Monetary Policy Committee (COPOM) to maintain at 6.5% the interest rates in this week’s meeting.
A group of businessmen from Minas Gerais, Brazil, led by trade association ACMinas, will be in the UAE on November 7 to spread awareness of the state’s economic potential and to join business meetings.
