Mamoun Amri, known as Mamo Marroquino, came to São Paulo to spend a month, but the Brazilian interest in Arab music made him change his plans and establish roots in the country.
The country expanded imports of aniseed from the Arab world by 90% from January to September. The main supplier, in the region was Syria.
According to Euromonitor, expansion of urban life and the middle class, greater credit and more youngsters should make the country a greater consumer reference in Latin America by 2020.
The investment of foreigners in shares in Brazil totalled US$ 8.7 billion. The value, from early this year to last week, is the highest since 1947, according to the Central Bank.
The higher volume of biodiesel, forecasted for 2013, should be compulsory in 2010. The measure, announced by president Lula, should expand biodiesel production in the country by 2.4 billion litres.
The state produces marble, granite and ceramics and wants to export to the Arab world. The intention was expressed in a meeting with Michel Alaby, of the Chamber, during a seminar in João Pessoa.
Agricultural production of Brazil finds fewer sanitary restrictions in the Arab countries when compared to other markets, according to the Fiesp. The region should be explored further.
Nicolas Eyzaguirre, the director of the Western Hemisphere Department at the IMF, states that the growth forecast for the country should be revised up.
Emerging economies should grow faster than developed countries, according to an IMF report. The recovery of prices of agricultural products, that both regions produce, should help.
The volume of foreigners investing in Brazilian treasury bonds was record in September. They had 7.15% of the total, or 95.96 billion Brazilian reals.
The sector should receive US$ 47 billion by 2013, according to figures supplied by the Ministry of Mines and Energy. Brazil has 7,000 mines with extraction of ores like iron, gold, copper and zinc.
In a panel promoted at the Encomex, Rodrigo Solano, from the Arab Brazilian Chamber, pointed out high per capita income as an important factor making the Arab market attractive to Brazilian companies.
The Fair of the Americas, in the tourism sector, includes stands from Jordan, Egypt and Palestine. The most visited is the Jordanian, popular as the country is the setting for a Globo TV soap opera.
A research by YouGov.com shows that 48% of the Egyptians believe in the improvement of the conditions in their country. One third also said they suffered no losses with the economic crisis.
