Browsing: Business Opportunities

Khalifa Bin Salman Al Khalifa participated yesterday at the opening of Jewellery Arabia, trade fair in the jewellery sector in Manama, and passed by the Brazilian stand. The national jewelleries are installed amongst famous brands such as Chanel, Cartier, Graff and Hermes. On the first day, the companies have already sold earrings and rings.

The figure was presented yesterday by the secretary general of the Chamber of Commerce and Industry of Riyadh, Hussein Al Athel, to the Brazilian delegation that is in the Arab country. Athel spoke of the growth of Saudi Arabia and invited the Brazilians to participate in the expansion process. He stated that Brazil, next to China, India and South Africa, is currently a priority trade partner.

Brazilian president Luiz Inácio Lula da Silva, ministers and representatives of state governments are going to participate in the official opening of the meeting at Glória Hotel, at 03:00 pm today. The Arab Brazilian Chamber of Commerce will have an institutional stand at the site.

A Brazilian trade delegation that is currently in Saudi Arabia met yesterday with the assistant secretary general for Economic Affairs at the Gulf Cooperation Council (GCC), Mohammed Al-Mazrooei. He suggested the organization of the meeting to bring both blocs closer together. The Gulf and the Mercosur are negotiating a free trade agreement.

Abdelaziz Bouteflika stated his wish yesterday during a meeting he had with the Brazilian ministers of Development, Luiz Fernando Furlan, and Mines and Energy, Silas Rondeau, in Algiers. The meeting was the last activity for the ministers in the mission they led to Algeria. Brazilian oil giant Petrobras and Sonatrach, its Algerian counterpart, also started discussing the details of the partnership they plan on holding and that should include the construction of a gas liquefaction plant.

Hanna Saliba, who is the director of the Arab Brazilian Chamber of Commerce in Syria, was in the country up to last week accompanying the minister of Economy and Trade of Syria, Amer Lutfi. He has the intention of organizing a trip by a delegation of Syrian businessmen to Brazil in 2006.

The companies that participated in the Big 5 Show, the construction sector fair in the United Arab Emirates that ended on Sunday, intend to return next year. All of the companies that participated left with deals closed or almost closed. Esul, a maker of doors and windows, is going to ship five containers of doors to Libya, due to contacts made at the fair.

A group of companies, banks and organizations from Brazil, led by the Brazilian Foreign Office (Itamaraty), should start a series of activities in the Arab country today. The objective is to establish partnerships and increase bilateral trade. Construction company Odebrecht, chemical product company Braskem, trader Comexort and the Arab Brazilian Chamber of Commerce are some of the organizations participating in the delegation.

Esul Esquadrias Uliana is going to ship five containers of wooden doors to Libya over the coming months. The deal was closed during the Big 5 Show, the construction sector fair that ended yesterday in Dubai and included the presence of six companies and one sector association from Brazil. This will be the first time Esul exports to an Arab country.