The 23ª edition of the National Arabian Show, to go on up to next Sunday (14), began today, in the city of São Paulo, in southeastern Brazil. Around 300 foreign investors are expected at the event. Sheikh Hamad Bin Ali Al Thani, from Qatar, is among the guests. The organize hope that deals for the total of US$ 2.1 million should be closed.
Author: Mark Ament
The 23ª edition of the National Arabian Show, to go on up to next Sunday (14), began today, in the city of São Paulo, in southeastern Brazil. Around 300 foreign investors are expected at the event. Sheikh Hamad Bin Ali Al Thani, from Qatar, is among the guests. The organize hope that deals for the total of US$ 2.1 million should be closed.
The 34 South American and Arab countries to participate in the meeting will have stands to present projects in which they are interested in attracting foreign investment. The fair is going to take place in parallel to the Summit, on 10 and 11 of May, in Brazilian capital Brasília. The declaration to be presented at the summit is already being formulated by a committee in both regions. The first official meeting between the group took place in Cairo, on October 30 and 31.
The event will take place between November 09 and 14 in São Paulo. This year the organizers hope that business reaches around US$ 1.7 million in exports of animals and semen, 50% more than in 2003.
A total of 4,500 cars produced at the General Motors factory in São José dos Campos, in the interior of the state of São Paulo, will be loaded onto one vessel and shipped to Mexico. Thanks to recent works, the port can now receive large vessels. The government of the State of São Paulo wants to transform the terminal on the North shore of the state into an alternative to the port of Santos, the largest in Brazil.
Oil was mostly responsible for the growth. Among the Arab nations that most increased their revenues with exports to Brazil are Algeria, Saudi Arabia and Iraq, three of the great oil suppliers to the country. Apart from the increase in the price of the commodity, Brazil is also purchasing more crude oil due to the drop in domestic production and to the increase in internal consumption.
Between January and September, the country purchased 685 million tonnes of products from cooperatives in Brazil, which represents 11% of the total shipped by these companies. To the Arab countries in general, sales generated US$ 262 million, or 66% more than in the same period in 2003. In all, cooperative exports totalled US$ 1.6 billion up to the end of last month, and they should reach US$ 1.8 billion by the end of the year.
Sales reached US$ 3.35 billion. In the evaluation of the secretary general of the Arab Brazilian Chamber of Commerce (CCAB), Michel Alaby, up to the end of the year, shipping revenues to the region should total between US$ 3.8 billion and US$ 3.9 billion. The export increase was pushed mainly by sales of food. In October there was a small drop with regard to the same month in 2003.
Brazilian figher Carlão Santos, three times world champion and black belt, works at Abu Dhabi Combat Club, an academy belonging to sheikh Tahnoom bin Zaied, son of the president of the Emirates. He is organizing the first jiu-jitsu championship in the Arab country. The sport started being spread in the Emirates after Tahnoom started learning with Brazilian fighter Nelson Monteiro, while studying in the United States, seven years ago.
Walter Rodrigues is already well known in Brazil for producing celebrity clothes and starred on the foreign market at the Paris fashion week in 2002. Today his brand sells to Saudi Arabia, Kuwait, the United Arab Emirates and Lebanon, as well as the United States and Mexico. Exports totals 500 products per season, half of them to the Middle East.
Walter Rodrigues is already well known in Brazil for producing celebrity clothes and starred on the foreign market at the Paris fashion week in 2002. Today his brand sells to Saudi Arabia, Kuwait, the United Arab Emirates and Lebanon, as well as the United States and Mexico. Exports totals 500 products per season, half of them to the Middle East.
