The World Economic Outlook update forecasts that the world GDP should expand by only 3.5% in 2013. Projections by Brazil and the Arab countries were also forecasted down.
The Abu Dhabi airline reported gains for the second year running. Financial statements will be released in February.
Palestinians and Lebanese have reserved booths at the 35th edition of Vitória Stone Fair. The marble and granite sector is heated and should grow more this year.
The minister of Tourism said revenues were up 13% in 2012, and this year the country should see an inflow resembling pre-Arab Spring levels.
The Brazilian fostering bank loaned out US$ 78 billion last year. Industry and infrastructure led in the borrowing of funds.
Masterink, from Maringá, produces machinery for remanufacture of printer cartridges. The company sells to 35 countries, including Egypt, Oman, Sudan, the Emirates and Lebanon.
A delegation organized by Apex should participate in business roundtables in Saudi and the Emirates. The trip should have support by the Arab Brazilian Chamber, which promoted a seminar on Tuesday.
It will be Jim Young Kim’s first visit to the Arab world since he assumed his post at the World Bank, in July 2012. He is going to discuss how the institution can help the country.
The former mayor of São Paulo, Gilberto Kassab, signed an agreement for joint research on sustainability between the institute from Abu Dhabi and the future Nucleus for City Studies at USP.
Brazil’s aircraft maker and AgustaWestland have announced that there are opportunities to sell equipment to the oil, executive transportation, and military industries.
Demand for domestic and international flights in Brazil increased by a higher rate than supply last year.
Last week, Brazilian foreign trade registered its largest deficit for January, with US$ 1.7 billion, as a result of a drop in exports and expansion in imports.
New crude deposits contain the equivalent of one million barrels. The discovery took place in the province of Maysan, near the Iranian border.
The Focus survey shows that the market’s inflation growth estimate for this year is up to 5.65% from 5.53%.
