The company’s Finance and Investor Relations director, Almir Barbassa, said the company needs to collect at least that volume in capital for new investment.
The government of the country is going to add US$ 2 billion to its compensation fund, used to subsidise food and primary need goods. The measure was taken to reduce price increases.
Representatives of travel operators in Jordan are in São Paulo, where they seek partnerships to promote Arab destinations among Brazilians. The company focuses on high-end tourism.
The Foreign Trade board has reduced to 2%, up to June next year, the Import Tax levied on 417 products, from capital goods to telecommunication items.
As is the case in Brazil, the ghost of inflation is trying to destabilize the economies of the Arab countries. In Egypt, the Consumer Price Index rose 1.02% in January.
The profit was 11.7 billion last year. The value is 15.3% greater than the US$ 6 billion obtained in 2009 and is the highest in Bank of Brazil history.
Economic activity grew 7.81% in Brazil last year, according to the index disclosed by the Central Bank.
A representative of the Brazilian Foreign Office spoke to the deputy Foreign minister of the Arab country regarding forms to increment political relations between both countries.
The institution announced it will grant credit to the government of Rio de Janeiro to finance works on agriculture in the mountain region of the state, which was heavily affected by rains in January.
The Sharjah Art Biennial, organized by the Sharjah Art Foundation, in the United Arab Emirates, should present works by 119 artists from 36 countries, among them Brazil, Argentina, Chile and Bolivia.
The country in North Africa was chosen as a priority market for exports of the Brazilian sugar and alcohol energy sector. The objective is to sell entire mills to the Arabs.
Real estate financing with funds from savings accounts grew 65% last year and reached a record value, according to the sector association.
Petrobras did not import crude oil from the region in January. The Arab market, however, was a regular supplier throughout last year.
The Emirates is going to bring together female entrepreneurs from several areas and countries on March 7th and 8th. The aim is to exchange experiences and improve relations.
