MENA accounted for 20% of total portfolio flows to emerging financial markets from 2016-2018.
Author: From the Newsroom
Annual Investment Meeting 2020 organizes competitions in 72 countries, including Brazil, to identify the best local startups. The selected companies will participate in the global competition to take place in Dubai in March.
Sesi-SP team will compete in international championship organized by Egypt-based team Gezira.
Haitam Bin Tariq Bin Taimur ascended to the throne last Saturday, following the death of his cousin and predecessor Qaboos Bin Said on Friday.
Businesspeople come through the Couromoda Exporter program. Organization expects independent Arab importers to participate in the fair.
Trade balance deficit stood at USD 6.9 billion in 2019, a result of exports at USD 15.5 billion and imports of USD 22.5 billion.
Some 15.4 million passengers used the airport last year, from 14.8 million in 2018.
Abicalçados reported a 0.9% decline in revenue and a 0.9% increase in volume shipped year on year. UAE were the 14th largest market of the year.
The 2nd Tuwaiq International Sculpture Symposium will take place in the Saudi capital’s Diplomatic Quarter from January 10-30. Twenty artists from around the world will attend.
Exchange flow stood negative at almost USD 45 billion last year, breaking the record from 1999.
Company confirmed in a press release the decision to avoid trafficking in the region, which is a sea route for transporting oil and is at the Gulf’s entrance.
Arab country purchased 71,400 tonnes last year. Spearheaded by China, exports hit record levels in both volume and revenue.
Brazilian exports were up 6.4% in revenue and 2.8% in volume last year. Saudi Arabia lost its lead to the Asian country as the main destination of the product.
Brazilian manufactures association estimates sales at 3.05 million units. But exports are expected to decline.

