Middle Eastern importers in the food, construction and furniture industries are negotiating with Brazilian trading companies in São Paulo. Export Promotion Agency expects US$ 30 million in deals.
Cláudio Camelier, the Executive Jet Market Intelligence vice president at the Brazilian aircraft maker, said that 300 aircraft should enter operation in the region over the next 10 years.
The consortium that will purchase 18.65% of BGT Pactual includes the emirate’s Investment Council. The group is going to spend US$ 1.8 billion on the deal.
Indumak, a maker of packing and bundling machinery that has been exporting to Egypt for eight years, is seeking new distributors in North Africa and the Middle East.
This is the estimate of the Abraciclo, which forecasts growth of 16% in shipments as against last year. Brazilian production up to November was 1.71 million motorcycles, 18% more than in 2009.
The Lineage 1000 executive jet, manufactured by Embraer, was the first of two in a large order placed by Falcon Aviation Services (FAS), based in the capital of the United Arab Emirates.
Brazilian industrial production grew in four of the 14 Brazilian states researched by the IBGE. The highlights were Bahia, with growth of 5.4%, and Espírito Santo, where production grew 3.8%.
Embraer has nominated ExecuJet Aviation Group to be its new Authorised Service Centre in Dubai, in the United Arab Emirates. The Brazilian company has already sold two jets to Saudi Aramco.
An ethanol, sugar and energy mill thought up by engineering company Procknor, from São Paulo, should have capacity to grind 1.3 million tonnes of sugarcane a year.
The signing was the last appointment of the Brazilian minister of Development, Industry and Foreign Trade, Miguel Jorge, on a mission to the Middle East. The institutions will seek joint investment.
In November, 321,100 vehicles were manufactured, representing growth of 10% over the same month last year. So far this year, exports have risen by 58.1%.
According to the Brazilian president, the 14% decline in deforestation in Amazon this year paves the way for the 80% target set in Copenhagen last year to be reached.
Brazilian trade balance had a surplus of US$ 580 million in the first week of December, in three working days. Exports totalled US$ 2.67 billion, and imports, US$ 2.09 billion.
In bilateral trade, in vehicles and where it is least expected. Qatari companies are making acquisitions worldwide and already own stakes in popular brands in Brazil, like Santander and Volkswagen.
