Brazilians’ international travel spending exceeded US$ 1.9 billion in first two months. It was the item that weighed down the most on the services account last month, according to the Central Bank.
Representatives of the UN organisation visited Brazilian capital Brasília to learn about the Brazilian social development programs. The objective is to analyse possible expansion to Africa.
Embraer wants to increase its share in sales of aircraft to the Arab nations, where it already has a significant market share.
Current account transactions between Brazil and foreign countries have posted a deficit of US$ 3.4 billion in February, according to the Central Bank.
The presence of Syrian and Lebanese immigrants is felt in all regions of the city. Their influence is seen in streets, gastronomy, culture, history and in Brazil’s largest city’s history and economy.
The Halal Index will feature stock of 274 companies based in Islamic countries, with a market cap of US$ 115 billion. In a second phase, it may include companies from other nations.
According to the president of the Brazilian group, Wesley Batista, developing nations should become the main meat buyers in the world, among them the Arabs.
The National Development Bank’s disbursements grew by 7%. The performance was influenced by the increase in financing to smaller businesses.
The chairman of the board at the Arab Brazilian Chamber was one of the four people honoured at an event for promotion of the Arab Day.
The country should be the highlight of the main international fair in the area, in the United States. Actions in other countries are being planned by producers in partnership with the government.
In 2010, apart from the region itself, the country was outstripped only by the UK in mergers and acquisitions by Middle Eastern and North Africa investors. Deals in Brazil reached US$ 4.5 billion.
The sector association in Brazil expects a 10% rise in sales to the region in 2011. The organization is going to survey the market and promote marketing actions.
Trade fair in Dubai shows that the product’s crop and sales to both the domestic and foreign markets should increase in Brazil.
The aircraft may transport up to 71 passengers and should be used in domestic projects. The company from Oman has ordered five aircraft from the Brazilian company.
