At a meeting at the Arab Chamber, executives discussed the main strategies for fostering exports. The plans include attending the Gulfood industry fair and holding matchmaking events with Arabs.
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A ruling has been published in the Official Gazette allowing non-residents of Brazil to use bank accounts in the country to make investments in the Brazilian financial and capital markets.
Architects, engineers and civil construction executives from Brazil’s Santa Catarina state will see construction sites and meet with local executives.
Brazil’s leading mobile network operators have acquired batches for offering the service across the entire national territory. No bids were placed for two batches.
Seven Brazilian companies are participating in the Sweets & Snacks Middle East fair, due from November 9th to 11th. Brazilian confectionery exports to the Middle East grew by 10.3% year-to-date through July.
The public sector deficit stood at US$ 5.93 billion in August. The US$ 4.1 billion year-to-date surplus falls short of the government’s target.
Voting machines will be available in cities in 89 nations. Riyadh, Doha, Abu Dhabi, Cairo, Amman, Kuwait City, Beirut, Rabat, Ramallah and Tunis are in the list.
Brazil’s Finance minister Guido Mantega has announced that tax credits will be given to manufactured goods exporting companies as of October. The goal is to increase foreign sales.
Technicians from the International Monetary Fund claim the country is doing well economically, but must reduce dependency on oil and cut spending.
Six enterprises from Bahrain, Saudi Arabia and Emirates are in the World Economic Forum’s community of global growth companies, i.e. businesses that have exhibited above-average performance.
The Brazilian Central Bank has lowered its growth estimate for Brazil’s Gross Domestic Product this year to 0.7%. Previous estimate stood at 1.6%.
Whoever takes office will need to put Brazil back on growth track. For such, they will need to invest in infrastructure, embrace sustainable development, increase legal safety, cut taxes and make reforms.
BAC, a company owned by Paulo Hegg and Gilson Pinesso, should harvest 45,000 hectares of the product in the country next year, at the local government’s request. Plantations will be irrigated and the harvest will be used as chicken fodder.
In a speech at the United Nations General Assembly, Hassam Sheik Mohamud said that drought, high food prices and lack of security are affecting over three million people.
