Brazil seeks buyers in China in privatization wave
Brazil's President Michel Temer
Brazil - Arab Today
Brazil's President Michel Temer heads to China with ministers and business leaders Tuesday to woo investors as he seeks to privatize a host of state utilities.
Temer has announced plans to privatize 58 state firms in a bid to spark an economic revival after two years of recession.
"We hope China may be interested in taking a stake in these concessions and bring capital to Brazil. It will be very useful to us," he said in an interview on Chinese state television.
The planned privatizations range from the Congonhas aircraft terminal in Sao Paulo to big state-run energy utility Eletrobras and even the national mint.
While in China, Temer will also take part in a summit on September 3 of the BRICS grouping of major emerging economies.
He is scheduled to meet with Chinese President Xi Jinping on Friday.
Brazilian presidency spokesman Alexandre Parola said the two countries would sign bilateral deals on infrastructure, health, culture and technology."Brazil is a safe destination for Chinese investment and a big provider of food and supplies to China, our main trade partner," he said.Brazil's foreign trade ministry says bilateral trade was worth more than $58 billion last year source:AFP
- Sunday ,16 September GMT 04:44 2018 MoU for boosting cooperation and commercial exchange between Syria and Brazil
GMT 04:44 2018 Sunday ,16 September
MoU for boosting cooperation and commercial exchange between Syria and BrazilGMT 14:54 2017 Friday ,27 October
Brazil looks to rake in billions with deep sea oil auctionsGMT 14:48 2017 Wednesday ,26 July
Odebrecht paid $27.7 mln in bribes in ColombiaGMT 13:47 2017 Thursday ,01 June
Brazil posts first economic growth in 2 yearsGMT 09:03 2017 Saturday ,22 April
Panama Papers law firm partners get bail
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 08:09 2018 Monday ,10 December
Lebanon’s property market ‘on the brink of collapse’
GMT 15:46 2018 Wednesday ,12 December
Festive Fashion by Dubai-based designer ASMARAÏA
GMT 08:25 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to Jerusalem
GMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelions
GMT 02:01 2017 Monday ,25 December
Abbas signs 22 international agreements to boost legal status of Palestine
GMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 rating
GMT 05:04 2017 Saturday ,16 December
Police in NY investigating rap mogul
GMT 05:53 2018 Monday ,24 September
Israel orders Khan Al-Ahmar residents to demolish their own homes by 1 October
GMT 11:43 2017 Thursday ,28 September
Google, Facebook, Twitter asked to testify
GMT 18:17 2017 Sunday ,07 May
Egyptian media host reveals details of her program during Ramadan
GMT 09:59 2017 Wednesday ,29 November
Meghan Markle follows Grace Kelly in abandoning acting
GMT 08:25 2018 Thursday ,04 January
UN chief welcomes reopened Korean hotline
GMT 02:18 2016 Saturday ,25 June
WADA suspends Rio 2016 laboratory
GMT 07:26 2017 Friday ,10 March
The creative mind of Emirati author Muna Al Mulla
GMT 01:57 2017 Friday ,08 December
Bahraini-Turkish economic relations lauded
GMT 23:50 2017 Saturday ,11 March
Al Houthis interception of relief ships causes famine in Yemen, government says
GMT 18:20 2017 Thursday ,16 February
Sudanese president to start official visit to UAE Friday
GMT 07:15 2017 Sunday ,12 March
Myanmar’s Rohingya Muslims Facing ‘Horrific Torture’
GMT 20:56 2017 Tuesday ,12 September
NE Florida city orders evacuations ahead of worsening flood
GMT 04:54 2017 Tuesday ,05 December
7 killed as Iraqi army helicopter crash during routine flight
GMT 01:54 2017 Thursday ,12 January
Egyptian-Omani ties stable
GMT 20:13 2017 Monday ,27 March
Mystery of "missing gunman" continues after 5-hour armed siege around hotel in Spanish town
GMT 04:43 2017 Sunday ,16 April
70m more passengers travel in trains in 2016-17
GMT 08:31 2017 Saturday ,29 April
Hassabo chairs meeting of Higher Council for Food Security
GMT 00:31 2017 Wednesday ,22 March
Mohammad launches Distinguished Students Programme
GMT 20:10 2017 Sunday ,05 March
Rulers of Fujairah attend Bin wedding ceremony in RAK
GMT 14:54 2017 Monday ,20 February
Coaching manual to help UAE teenagers deal
GMT 19:15 2017 Tuesday ,21 March
EFB ranks first in world food banks
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor