Makaseb is interested in investing in the food area in the country and in finding an engineering and building company prepared to sign a partnership for the transfer of know-how. Executives from the institution visited the Arab Brazilian Chamber on Friday.
Browsing: Business Opportunities
The Brazilian Export and Investment Promotion Agency launched a programme to encourage foreign sales by small- and medium-sized industries through foreign trade companies. The United Arab Emirates are one of five strategic markets. The actions should follow the model of the business mission to North Africa, promoted in partnership with the Arab Brazilian Chamber in 2007.
The measure published yesterday reduces the import fee from 10% to 2% and the objective is to guarantee supply to the canned product industry. It also benefits fish exporters, among them Morocco, the main supplier to Brazil.
The São Paulo Stock Exchange and other institutions are going to promote a seminar about Brazilian capital markets in Dubai next week. Through actions like this one, greater interest of the Arabs is expected, as has already happened with Asian investors.
The government of the country has reduced or eliminated tariffs on a series of products, including certain types of food, some construction materials, some industrial inputs, paper and cooling equipment, among others.
Traders at the Brazilian footwear manufacturer visited the Arab country seeking a local partner. They attended the last days of the Tripoli International Fair, which ended yesterday and counted on the participation of the Arab Brazilian Chamber.
Missions from the Brazilian states of Mato Grosso, Tocantins, Bahia and Rio Grande do Sul are going to be in the United Arab Emirates still this month. They are going to prospect business and present products and investment opportunities.
The Brazilian Association of the Manufacturers of Medical and Dental Products wants to organise a delegation to the Arab country in 2009. According to the executive director at the organisation, Hely Maestrello, who is currently in Libya, the market there has great potential for Brazilian products.
The Ministry of Health of the Arab country has forecasted for this year a budget of US$ 800 million to redo hospitals. Brazilian and Lebanese representatives in the sector met in Tripoli, where an international fair is taking place. The Arab Brazilian Chamber is participating.
Around 20 businessmen interested in importing foods, building material, machinery and auto parts visited the Brazilian stand at Tripoli International Fair. The event, which started on Wednesday and ends on April 12th, includes the presence of the Arab Brazilian Chamber.
The business delegation from Minas Gerais, headed by the deputy governor of the state, Antonio Anastásia, and the president at the Federation of Industries of the State of Minas Gerais, Robson Braga de Andrade, is going to participate in meetings with entrepreneurs and government officials in Egypt. The mission is coming from Dubai and should remain in the country until Tuesday.
Companies Neolite Egypt, and Al Ganoub Tanning Factory, based in Egypt and in Saudi Arabia, respectively, are going to showcase their products at the 32nd Fimec, a trade fair for leather and shoe parts, to be held next week in the southernmost Brazilian state of Rio Grande do Sul. Neolite manufactures rubber resins, and Al Ganoub makes goat leather.
The business mission from the southeastern Brazilian state of Minas Gerais, currently in the United Arab Emirates, visited company Masdar, in charge of the project for the green city under construction in Abu Dhabi, capital of the United Arab Emirates, yesterday. The vice-governor of Minas Gerais, Antonio Anastásia, told ANBA that he wants to take the experience to students in the state.
The foreign trade manager at the Brazilian Beef Industry and Exporters Association, Márcio Caparroz, started yesterday a series of activities in the Arab country to learn a little more about the local market. There is space, in Libya, both for cheaper meats and for differentiated ones, according to him. The retail sector in the country is mainly small and medium.

