Arab diplomats visiting the state of Santa Catarina convened with executives from local companies who are interested in doing business with countries in the Middle East and North Africa.
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Document’s objective is to promote the cooperation between the two organizations. The Dubai-based venture wants to attract Brazilian companies.
The forecast was issued by the Economic Commission for Latin America and the Caribbean (Eclac). The growth estimate for Brazil’s economy is 2.3%.
According to Finance minister Guido Mantega, in order for the country’s economy to re-enter a desirable cycle, the investment rate must climb to 7% per annum.
During a meeting with the Santa Catarina governor, Arab ambassadors said the Brazilian state can import more goods from their countries. In the state, they also met with businessmen and the mayor of the capital Florianópolis.
The metaphor was used by Jebel Ali Free Zone delegates to illustrate the opportunities available to Brazilian companies operating from the emirate.
Spain’s Bamesa has inaugurated a new unit at the Tangier Free Zone. The facility should process up to 100,000 tonnes per year.
This was the revenue the sector posted last year. There has been an increase of 4.4% over the previous period.
In Q1, the Dubai-based ports operator handled 14.3 million TEUs worldwide. Throughput at proprietary terminals was 6.8 million TEUs.
Diplomats from Middle Eastern and North African countries will be welcomed by the state governor and the mayor of Florianópolis, and will meet with businessmen to expand business relations.
Brazil’s Space Research Institute has signed an agreement with the FAO to introduce the Brazilian system to technicians from 22 countries this year and in the next, including Morocco, Algeria and Tunisia.
The Brazil Qatar Challenge is open to natives of the Arab country aged 17 to 21. The winners will travel to Brazil to engage in adventure sports and help rebuild a school in the forest.
The tranche is part of a 24-month loan agreement. The total amount already paid reaches US$ 888.4 million.
The Emirates’ investment company has raised the foreign share ownership limit from the former 20% to 35%.

