The Argentine news agency Infobae has issued a report that details Hezbollah’s extensive operations in Latin America. The report indicates that not only is Hezbollah active throughout the region, it also generates up to $100 million annually from criminal activity in Latin America–particularly drug trafficking and human trafficking. This is yet another indication of the […]
The prominent Brazilian newspaper, O Globo reported recently that the Iranian-backed Hezbollah terrorist group has links with Brazil’s largest criminal gang, First Capital Command (PCC). According to the O Globo report on November 9, the Brazilian government has tried to minimize the issue of Hezbollah activity in the region. But in the past eight years, […]
Banco do Brasil is planning to launch a Shariah-compliant fund in partnership with Singapore-based Islamic Bank of Asia. The fund will focus on stocks listed on theSão Paulo Stock Exchange and specifically in the commodities, mining, oil and gas sectors. The fund will be managed in Brazil and marketed around the world. Brazil is a significant exporter […]
Just weeks on he heels of President Obama’s visit to Rio De Janeiro during which he pledged to become Brazil’s best customer for its offshore oil and gas business, Brazil and Iran have taken steps for closer trade ties. This is not a huge surprise, since the Brazilian oil giant, Petrobas, which counts Obama friend George […]
Kuwait Ambassador to Brazil Yusuf Ahmad Abdul-Samad delivered to Director of Latin American Institute for Islamic Studies Dr. Mohammad Al-Rahdi a contribution made by Kuwait Zakat House, last week. The contribution was made at the Kuwait embassy in Brasilia, in presence of Executive Director of the institute Abdelbagi Osman. The meeting discussed activities of the […]
go to this link to read the whole article…… Brazzil Magazine Brazil Toys with Idea of Islamic Stock Market and Banking System
Middle East investment in Brazil attracting attention Friday, 15 August 2008 Brazilian market sees Arab investment Brazil is attracting the attention of a number of leading Arab property investors and developers according to finance experts. Even though the share of Arab capital is still small compared with the total volume of foreign funds currently […]
FINANCE From the Newsroom* São Paulo – The Association of Capital Market Analysts and Professionals of the State of São Paulo (Apimec) will promote a free lecture entitled “Islamic Banking,” to be given by the director at ABC Brazil bank, Angela Martins. She is the author of a book on the subject, and one of […]
[06/11/2008 – 11:53] Items from Brazil attracted attention at the Hotel Show, a trade fair for the sector that ended yesterday in Dubai and counted on the participation of four Brazilian companies. Showrooms in the emirate displayed interest in representing Brazilian products. Geraldo Costa In the Brazilian stand at the Hotel Show, over 160 promising […]
BUSINESS OPPORTUNITIES [06/11/2008 – 09:58] The information was supplied by the international director at bank ABC Brazil, Angela Martins, who specialises on the subject. Given the volume of funds, she said Brazil should look closely at the segment. Alexandre Rocha/ANBA Sector has brutal growth, says ABC executive Alexandre Rocha* [email protected] São Paulo – Islamic banks, […]
[04/01/2008 – 08:40] Brazil to promote capital markets in the Gulf Bovespa, BM&F and other organisations in the sector will promote a workshop in Dubai, on the 21st, with the objective of attracting investors from the region. The effort, dubbed BEST, aims to promote the Brazilian market around the world. From the Newsroom*São Paulo […]
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