Company Loktal, from São Paulo, exports electronic scalpels to the United Arab Emirates and is already entering the Egyptian market. Now, the target is to expand sales in the Arab world.
The average number of contracts per day in April at the Securities, Commodities and Futures Exchange reached nearly 3.5 million. The São Paulo Stock Exchange, however, depreciated during the period.
Surplus in the inflow vs. outflow of foreign currency in the country was driven by the flow of trade. Year-to-date, the accumulated surplus stands at US$ 37 billion.
The drop was last month as against March, according to the Central Bank of Brazil.
The number of projects by foreign investors increased from 338 in 2003 to 633 last year, according to an Ernst & Young survey. The bulk of funds went to ten countries, five of which are Arab.
The confidence of services sector businessmen in the Brazilian economy increased in April, according to a survey conducted by the Getúlio Vargas Foundation (FGV).
Seven Brazilians are in the Arabian Business list of the 500 most influential Arabs and their descendants. Doctor Adib Jatene is in 9th place and São Paulo city mayor Gilberto Kassab is in 441st.
On May 3rd and 4th, the Qatari capital receives 170 civil society representatives from countries in all continents for the pre-forum of the Alliance of Civilizations.
The professor at the Federal University of Paraná, Alzier Felipe Buffara Antunes, talked about Brazilian education and globalization at a meeting about the subject in Lebanon.
Brazilian industrial output increased by 2.3% in the first quarter this year compared with the same period of 2010, according to the Institute of Geography and Statistics.
The company, a maker of cosmetics for beauty parlours, aims to turn 20% of exports to the Arab world after entering Egypt. Currently, the Arabs represent 10%.
Alessandro Teixeira, secretary at the Ministry of Development, Industry and Foreign Trade, should travel to the Emirates for a meeting next week. The company aims to invest in the country.
The minister of Development, Industry and Foreign Trade, Fernando Pimentel, announced that the new target for 2011 is US$ 245 billion. The Brazilian trade balance set new records in April.
Industrial complex received US$ 1.356 billion in investment and began producing last weekend. Testing was halted at the plant at one point due to the crisis in the region.
