The International Monetary Fund has disclosed an economic growth projection of 5.5% for Brazil this year.
Expenditures during trips in the first quarter increased by 74% compared with the same period of last year, according to data supplied by the Central Bank.
The economy recorded growth of 7.3% in the country in the first two months of this year, in comparison with the same period of 2009. Investment in production increased by 24.3%.
Michel Sleiman will make his first trip to Brazil. He should go to Brasília, São Paulo and Rio de Janeiro. During the visit, conflict in the Middle East and the Lebanese community will be discussed.
Balestro, a maker of lightning rods and transformers, made its first contacts with Arab importers in 2005 and now wants to find a local distributor in order to close deals in the region.
The secretary general and the assistant secretary of the Tunisian General Labour Union, Abdessalem Jerad and Mohamed Shimi, will attend a union sector congress in the city of São Paulo.
International trade fair in Libya counts on the participation of the Arab Brazilian Chamber of Commerce, shoe manufacturing company Grendene, and construction company Odebrecht.
The Abu Ghid Folk Orchestra will play a concert featuring Egyptian folk and religious songs in the capital of São Paulo on Wednesday. This will be the group’s first performance in Latin America.
Tunisian artist Jean Paul Ganem is the author of a work of art covering 17,000 square metres that will turn former slum Aldeinha, in São Paulo, into a park and a stage for artistic performances.
Out of total exports by brand Vivaz, 75% goes to the Arab market. Long dresses and embroidered ones are the most sold to women from the Emirates, Kuwait, Qatar, Bahrain and Saudi Arabia.
The organization’s president, Salim Schahin, is now in Damascus. He spoke with local authorities of the Brazil-Syria Business Council and of the Syrian expatriates meeting due in São Paulo.
Brazilian companies requested clearance from the Syrian Health minister for them to take part in tenders for purchase of medical equipment. Presently, only Europe and the United States participate.
The deficit was US$ 108 million, resulting from US$ 3.292 billion in exports and US$ 3.4 billion in imports.
Imply, a computing and entertainment systems manufacturing company that already exports to the United Arab Emirates, Lebanon and Iraq, is assembling a large entertainment centre in Algiers.

