Brasília – The Central Bank of Brazil has maintained its projection of foreign direct investment (FDI) at US$ 25 billion this year, but is expecting a larger inflow of funds into the country’s manufacturing industry in 2010 (US$ 38 billion). According to figures supplied by the Central Bank, investment in the industry totalled US$ 15.878
Such is the figure up until today (24th). Expenditures by foreigners in Brazil, during the same period, totalled US$ 331 million.
Marwan El Fouly, from the Egyptian Traders Co., met yesterday, in São Paulo, with around 10 Brazilian producers of food. More uncommon products pleased him the most.
The event will be held on October 8th and is mainly geared at small and medium businesses, either affiliated with the organisation or not.
Targeted at the Brazilian public, the promotion will last up to October 15th. The winner will earn a ticket to Sidney, Bangkok or Seoul.
A pipeline for ethanol, scheduled to start operating in 2012, should lower the product’s cost by around 25%. The project was created by company Uniduto, comprised of ten groups in the industry.
At the opening of the UN General Assembly, the Brazilian president called for more participation of emerging countries in the IMF and the World Bank, and for the expansion of the UN Security Council.
Egyptian Traders Company, from Cairo, is one of the 25 food and beverage buyers to participate today and tomorrow in the business roundtables at the Brazilian Supermarket Convention, in São Paulo.
Social, cultural and digital inclusion project Casa Brasil, in the outskirts of Guarulhos, will dedicate, starting today, a week to the Arab country. There will be debates, dancing and film screening.
Kaust will be inaugurated today by king Abdullah and intends to become a global reference in scientific and technological research. For such, the institution has an endowment of US$ 10 billion.
Emílio da Silva Museum, from Jaraguá do Sul, is promoting, starting today, a talk about Ancient Egypt. It brings replicas of items of the time of the pharaohs, like statues and mummies.
Brazilian president Luiz Inácio Lula da Silva received yesterday, in New York, an award from the Woodrow Wilson Center. The reduction of poverty in the country was one of the reasons for the homage.
Gilberto Abrão will release his debut novel, “Mohamed, o Latoeiro”, in São Paulo, today. The author, a son to Arab immigrants, tells the saga of a Syrian who got to Brazil in the early 20th century.
From today to October 2nd, Lebanese cities should promote samba and percussion parades and workshops. Dancers from Vila Isabel Samba School, from Rio de Janeiro, should parade the streets.
