Apart from companies Tangará and Starrett do Brasil, the stand organized by the Arab Brazilian Chamber of Commerce will also include organizations that represent the meat sector in the country. The multisector fair, which begins on Sunday, is one of the most important in North Africa.
Browsing: Business Opportunities
Egyptian lawyer Abdel Hamid Mamdouh, director of Trade at the Service Division at the WTO, is one of the international authorities participating in the World Summit of Young Entrepreneurs, in São Paulo. Yesterday, at the opening of the event, he discussed the opportunities that globalisation presents to young entrepreneurs.
This was the value invested last year by investors from Saudi Arabia in the international financial market. For the head of the Brazilian National Association of Financial Market Institutions, Paulo Sampaio, who participated in the mission to the Arab country during the weekend, it is possible to attract Saudi capital to Brazilian securities in the medium term.
J.Macêdo, from the northeastern Brazilian state of Ceará, is the second largest mill in Brazil and produces an ample line of food products. The group also has factories of electric transformers and paint and had revenues of R$ 1.1 billion (US$ 517 million at current exchange rates) in 2005. Despite the size, only now has the company decided to start exporting in a continuous manner.
The Brazilian ambassador in Riyadh, Isnard Penha Brasil Júnior, made a positive evaluation of the mission that was in the Arab country, during the weekend, to promote the Brazilian capital market. Other sectors also called attention. The prince Waleed Bin Talal, one of the greatest Saudi entrepreneurs, said he was interested in areas such as agricultural industry, petrochemicals and capital goods.
Representatives of the government and of the private sector are going to travel to Saudi Arabia this weekend to show the operation and the size of the market. They are going to meet with authorities in the Arab country. This year the São Paulo Stock Exchange has already had a turnover of R$ 108.4 billion (US$ 50.150 billion) in deals.
Recco Lingerie, a producer of sleeping clothes from the southern Brazilian state of Paraná, started exporting to Lebanon and the United Arab Emirates last year. The company also intends to take its products to other countries in the region. Recco produces 80,000 garments a month and exports to 10 countries.
A group of Brazilian businessmen in the construction sector are going to travel to Abu Dhabi and Dubai between April 20 and 30 to learn about the technology employed in the sector in the country. The Emirates are famous for daring constructions like artificial islands and luxury hotels.
From the Newsroom* São Paulo – A group of 24 Brazilian shoe factories are going to participate from Sunday (5) to next Tuesday (7) in the GDS, the largest shoe sector fair in the world, which takes place in Düesseldorf, Germany. This information was disclosed by a spokesperson for the Brazilian Association of Shoe Manufacturers
In all, 38 companies from Brazil participated in the largest organic product fair in the world, which took place between February 16 and 19 in Nuremberg, Germany. Contacts were made with importers from 26 countries, among them Saudi Arabia and Egypt.
The measure may contribute to the increase in trade with the Arab world, since many countries in the region are suppliers of this kind of product. Last year, Brazil bought US$ 191 million in fertilisers from the Arabs, especially Morocco and Tunisia.
The conference is scheduled for March 06 and 07 in Manama, capital of the country, and should focus mainly on promotion of private investment in the region. The event is organized by the League of Arab States and by the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries.
The Tunisian government has opened an international tender for the building, administration and operation of an oil refinery 340 kilometres away from Tunis, the country capital. The production capacity will be 120,000 barrels of oil a day. The deadline for bid submission is the end of March and they may be by foreign companies.
The Brazilian manufacturer of stationery products and office supplies, Helios, will start selling on the international market again after having stopped exports last year due to a change in installations. Egypt, Iraq and Jordan are amongst the importers from the company, which is the Brazilian leader in the production of carbon paper.
