Browsing: Business Opportunities

The Bank of Brazil office in the United Arab Emirates should be inaugurated in March. The executive responsible for the operations, Renato de Azevedo, is already living in the country. One of his main objectives is attracting Arab investors to do business in Brazil.

Buyers from the United Arab Emirates, Kuwait, Qatar, Saudi Arabia, Oman and Algeria are among the 59 importers invited to participate in the Business Meeting promoted by the Brazilian High-End Furniture Manufacturers Association, to take place today in São Paulo. The meeting precedes the Abimad fair, to begin tomorrow and end on Sunday.

Company Savon, a maker of powdered drinks, wants to start exporting to the Arab market. For this, company representatives are going to participate in a food sector fair in Dubai, in the United Arab Emirates, to take place at the end of the month. Apart from juice, the company is going to offer chocolate drinks to the Arabs at the event.

The resources should be invested over five years in the areas of oil and gas, ports, highways, public transportation, sanitation and airports, among others. The local government wants to expand infrastructure to supply the growing demand of the population, expected to double in ten years.

Group UMG, from the United Arab Emirates, is building a furniture sales and distribution centre, covering an area of over 12,000 square metres. The centre is in Jebel Ali Free Zone and the plan is to attract Brazilian companies.

Company Alibra, based on the southeastern Brazilian state of São Paulo, a maker of dairy products and powdered food mixes, aims to expand sales in the foreign market. The first country to be visited this year will be the United Arab Emirates, as the company is going to participate in the Gulfood, a trade fair for the food industry to be held in late February.

Trading company Pacific Comercial of São Paulo represents four Brazilian makers of toast, biscuits, sweets and cakes. In the past, Pacific exported to Arab nations, but now it wants to rewin the market at Gulfood, the food sector fair in Dubai, in the United Arab Emirates.

Naguib Sawiris, the owner of Orascom Telecom and the richest man in Africa, tried to buy part of Brasil Telecom last year. The deal was not closed, but the businessman is still aware of investment opportunities in the country. In an interview to ANBA he also spoke about the development of the Egyptian economy that, in his opinion, has come to stay.

The minister of Industry of the African country, Ali Ahmed Osman, pointed out the technology used in production of agricultural commodities, poultry and cattle beef and demonstrated interest in promoting a trade mission to Brazil. He met yesterday with the secretary general at the Arab Brazilian Chamber, Michel Alaby.

Cacique, the owner of the traditional instant coffee brand, wants to establish a long-lasting partnership in the region. It is with this objective in mind that the company is going to participate in the Gulfood, the food sector fair to take place in the Emirates in February. The company has been exporting to the Arab world for two decades.

The Dan Fodio Holding is seeking suppliers of agricultural equipment, especially for sugarcane planting and harvesting. The Kuwaiti Sudanese Holding Company wants to form partnerships for investing in the Arab country. The secretary general at the Arab Brazilian Chamber of Commerce, Michel Alaby, met yesterday with representatives of both groups.