The company exports dermatological products to South America and Europe. Seeking international growth, it seeks a partnership in the Arab market.

The Brazilian federal government recorded US$ 3 billion surplus in September. The volume of funds saved for paying interest on the debt was US$ 1.6 billion higher than in August.

A report by the organisation says the country has been successful in becoming an outsourcing hub, but that it needs to expand its information technology infrastructure and promote inclusive policies.

Compliance with Sharia, in contracts made with Arab companies, may require different legislation from Brazil’s. The topic was covered in a talk on Wednesday at the Arab Brazilian Chamber.

The Brazilian cattle herd increased by 2.1% last year as against 2009 and reached 209.5 million heads, according to a survey by the Brazilian Institute of Geography and Statistics (IBGE).

An IMF report forecasts great GDP growth for oil exporters in 2011, however, low growth is forecasted for the importers. Economic recovery of these nations should be slow in 2012.