BY | November 17, 2012

Abu Dhabi, (IANS/WAM) The United Arab Emirates (UAE) is interested in developing its trade and investment relations with Brazil and other Latin American countries, according to a senior UAE economic official.

Abdullah Al Saleh, undersecretary in UAE’s ministry for foreign trade, has urged the Brazilian companies to boost their trade and investment relations with the UAE and benefit from the country’s economic and competitive strengths as a major trade gateway between the east and west, said a release.

The views were expressed on arrival of Humberto Luiz Ribeiro, secretary of commerce and services in the Brazilian Ministry of Development, Industry and Foreign Trade.

RELATED

HDFC Bank denies report of JM Financial merger   Mumbai: After posting its lowest ever net profit in any quarter in the 4th quarter, the company seems to be perturbed by a news report that the JM Financial stock was set to merge with Mumbai based...

RBI for 2-stage authentication due to online banking frauds   The number of online frauds is going up pretty fast. Almost on a daily basis dozens of such frauds are reported to the police and banks.   The criminals are becoming hi-tech and they are cleverly...

ATM

Sony Xperia M2 Dual with 4.8-inch display, 8MP camera @ Rs 21990   For Rs 21,990 you can lay your hands on Xperia M2 Dual smartphone. This mid-range mobile has been launched by Sony keeping in mind the Indian market.     The dual-SIM variant of the...

QRxPharma’s Moxduo painkiller rejected twice by FDA   QRxPharma went down and down at stock market immediately after it became known that the FDA has refused to backs its painkiller combination.   The hammering was the worst in the last seven...

HTC open to buying Nokia’s Chennai plant, Microsoft silent   Is Taiwanese tech giant HTC set to charter a new course by entering the Indian smartphone market? A top company official has said that it is ready to buy Nokia’s troubled Chennai...

Rupee at its lowest against US dollar in last one month   Mumbai: Indian Rupee has hit its lowest point against US dollar in the last one month. At the time of writing this news piece Indian Rupee was at 60.78.   The Indian currency was trading even lower...