Browsing: Business Opportunities
Businessmen are going to the trade centre in the United Arab Emirates to prospect the local potential. The countries in the region represent a US$ 7 billion market for the sector. Qatar, for example, imports 100% of the toys it consumes and has one of the largest per capita incomes in the world, over US$ 32,000.
A company in the decoration and glass area is interested in finding a Middle Eastern representative for its products. The business opportunity may arise in the near future, as among the main items in the trade basket to Arab countries like Saudi Arabia, Bahrain, and the United Arab Emirates are glass and its artefacts.
The company from the southeastern state of São Paulo sells hair dye, shampoo, and conditioners to Kuwait, Chile, Japan, and the United States. In 2004, Surya, which developed a special package for the Arab market, wants to double export revenues and enter new markets in Europe and other Middle Eastern countries.
The director of the company, located in Divinópolis, in the southeastern state of Minas Gerais, became interested in selling to the Arabs, who are great consumers of honey, after reading about business possibilities in the region. He already exports to the United States and has the required certification.
The event to be organized between June 2 and 10, is a multi-sector fair. The Arab Brazilian Chamber of Commerce (CCAB) and the Foreign Relations Ministry are going to take 10 Brazilian companies. Enrolment is free and will go on up to the 14th of this month. It is estimated that this year the African country will purchase the equivalent to US$ 21.1 billion on the international market.
This is the amount that Elloumi, a Tunisian producer of wiring harnesses for vehicles, intends to invest in the construction of an industrial unit to employ around 120 people in one of two southeastern states, São Paulo or Minas Gerais. Fadhl Aifa, a company representative, is participating in the Second Tunisian Business Cycle in São Paulo.
Businessmen participating in the Second Tunisian Business Cycle want to export, but also to import Brazilian products. The sectors range from lighting equipment to leather artefacts, and include the food industry.
The list of advantages for factory construction in the Arab country was one of the main points of the seminar about industrial cooperation between Brazil and Tunisia that took place today at the Federation of Industries of the state of São Paulo and opened the Second Tunisian Business Cycle.
Elloumi Griyo will be one of the participants in the Second Tunisian Business Cycle, to begin today in the southeastern city of São Paulo, and will include 10 companies from the Arab country and over 50 Brazilian companies. The event opening will be a seminar about industrial cooperation, and there will also be business roundtables and accords will be signed.
Nordine Safer Tabi, an importer and distributor, is interested in business with suppliers of iron and steel bars and wood for constructions. He already imports pipes and connections made by factories Tigre and Tupi.
The first Arab Fest will include attractions open to the public, among them an exhibition of purebred Arabian horses. The event organization, which includes Arab embassies and their representatives, should be visited by foreign buyers.
