The Brazil-Lebanon Cultural Center’s Oficina da Palavra project encourages literary production in Portuguese among the Lebanese people. The lessons are for advanced students.
This is the amount of net inflows of foreign investments in the emirate’s financial market throughout this week.
The measure will be effective for six months and applies to a maximum quota of 1 million tons. The goal is to control domestic prices.
Import taxes on 251 machinery and equipment items were cut from 14% to 2%, with 24 computing items also having their import tariff slashed from 16% to 2%.
It’s the 14th consecutive decline, according to the Brazilian Central Bank. The 0.29% drop was over January. In comparison to February 2015, recession reached 4.54%.
The Paraty International Literary Festival will welcome Aboud Saeed, the author of the book ‘The smartest guy on Facebook,’ set for release in Brazil during the event.
Macaúba Brasil, a maker of hair-straightening products, has an order for Egypt and is making an effort to enter Saudi Arabia, UAE, Jordan, Tunisia and Iraq. Company wants to generate USD 500 million in profit abroad.
Mergers and acquisitions dropped 67% to USD 4.7 billion in Q1 this year, according to a survey from Thomson Reuters, in the weakest first quarter since 2014.
Commercial operation of the hydroelectric plant started this Wednesday. The power plant is located along the Xingu River, Pará state.
According to the Brazilian Central Bank, the deficit stood at USD 855 million in March. The Q1 deficit reached USD 7.591 billion.
The Santos city-based beachwear brand Santa Areia has shipped products to a client in the Arab country. The winner of a foreign trade prize, the company wants to do more business with Arab countries.
Juan Quirós, president of trade promotion agency InvesteSP, met with representatives of sovereign funds during the Annual Investment Meeting and discussed investments in concessions and export projects.
The airport handled over 6 million passengers in the first quarter of 2016. Aircraft traffic increased by 1.5%.
From May 22 to 26, the sector’s association will set up meetings and visits to the Gulf country to define Brazilian footwear business strategies there. Currently, 130 members of the association export to the UAE.

