The company profited US$ 2,7 billion in quarter three, as against a loss of US$ 664 million in quarter two.
This Friday (26th), Apex-Brazil approved a project to promote sector cooperatives and companies overseas. Of the target countries, five are Arab.
The increase in soy, maize and cotton crops caused farmed regions to increase by 2.8 million hectares in the country in 2011, amounting to a total of 68 million hectares.
Children’s magazine of Brazil’s Landless Movement (MST) tells the story of two Palestinian kids and their reality. The organization is promoting a solidarity campaign targeting the region.
The leading footwear exporting company in Brazil posted revenues of US$ 43.2 million in Q3, favoured by exchange rates. The price of exported products in Brazilian currency was up.
A survey conducted by the Brazilian Federation of Banks shows that the industry expects the economy to pick up in 2013. The GDP growth projection is 1.5% this year and 3.9% next year.
Paper company posted US$ 118 million in net export revenues in quarter three. The increase was mostly due to improved exchange rate conditions.
For such, the continent must eliminate trade barriers between its own countries. A World Bank analysis also shows that the region can generate over US$ 20 billion a year.
The Arab Brazilian Chamber CEO, Michel Alaby, met with representatives of companies due to travel to Qatar and the Emirates next week, to attend a construction fair and visit construction sites.
The aircraft manufacturing company managed to bounce back from losses incurred last year thanks to spending cuts and a change in income tax calculation. Net profit stood at US$ 65.2 million.
The pilgrimage to Mecca, the holy city in Saudi Arabia, began this Wednesday (24th) and is expected to bring together over 2 million Islamic people from the world over.
Foreign direct investment reached US$ 668 billion in the first half, a decline of 8% from the same period in 2011. The Unctad has revised its annual forecast downward.
Fishery products account for 20% of agricultural foreign sales from the continent, according to a document released at the African Development Forum in Ethiopia.
Bahia-based company Amazun exports its products to Angola and intends to expand its foreign markets. The enterprise is aiming to sell its professional line in Arab countries.
