"We can buy around US$ 10 billion from Brazilian companies," stated Nabil Saliba Tarazi, director of Cathay Consortium, to ANBA. The company intends to start the construction of Amber Islands, a group of islands to include hotels, houses, shopping malls, and even hospitals in Aiman emirate. The Chamber of Commerce in the region has stated that there are other tourist projects in progress in the country, among them, the construction of a new international airport.
Browsing: Business Opportunities
Company Agrostahl, in the industrial state of São Paulo, exports to a distributor in the United Arab Emirates, from where it enters the Middle Eastern market, supplying other countries in the region, such as Saudi Arabia and Kuwait. Based on the sales result, which has been growing 100% a year since 1999, the company wants to do business with the Arabs on the African continent.
Made up of 15 small companies in the Ribeirão Preto region, in the southeastern state of São Paulo, Brazilian Health Products participated in a sector trade fair in the United Arab Emirates, in January, where deals for the value of US$ 192,000 were closed and negotiations for various other contracts to be closed within the next 12 months were started.
From the Newsroom São Paulo – A spokesperson for the Inter-American Development Bank (IDB) announced yesterday (02) that the institution has approved a US$ 150 million loan to Unibanco bank. The funds, according to the IDB, are for a line of credit for middle- and long-term projects in infrastructure, to be administered by Brazilian companies
The request was made in an address at a seminar for foreign investors organized by the Brazilian government in Geneva. In his address, Brazilian president Luiz Inácio Lula da Silva stated that "it is important to attract investment (from the region), especially in the infrastructure area, and also to make Brazil put its products on the Arab market."
Brazil Pepper, a small company from the southeastern state of São Paulo, exports pepper based food products to seven countries. Among these countries is Saudi Arabia, the first importer in 2001.
The Latin American Business Aviation Conference and Exhibition will bring together professionals, buyers, and suppliers in aviation to present novelties in products and services, as well as seminars and aeroplane exhibitions at Congonhas Airport, in the southeastern city of São Paulo.
Technofoam, located in the southern state of Paraná, produces sophisticated pillows, with foam that does not deform, like that of common pillows. This year, the company wants to invest in foreign trade with the Middle East, North Africa, Europe, Cuba, and the United States. The first container will be shipped to Cuba in February.
Interest in Brazil has been rising since Brazilian president Luiz Inácio Lula da Silva visited the region, said to ANBA Nádia Baker, a Brazilian who has been living in the United Arab Emirates since last year and works for a firm that organizes events. According to her, there is interest in the purchase of Brazilian juice.
Technical visits are being organized by Promóvel, which estimates immediate deals at around US$ 500,000. The fair will take place in Arapongas, in the north of the southern state of Paraná, a furniture pole among the largest in the world, with 550 companies.
Coming from Saudi Arabia, Syria, the United Arab Emirates, Jordan, Lebanon, and Kuwait, Arab buyers visiting the Couromoda are owners and representatives of companies like RNA Resources Group – Landmark Group, Abdul Ghafoor Amin & Co and Anwar Al-Qatami & Company.
Geovana Pagel São Paulo – The opening ceremony of Couromoda 2004, the largest shoe fair in Latin America, which began on Monday in the southeastern city of São Paulo, was marked by the discussion of a complex theme: the Foreign Trade Board (Camex) decision to reduce export tax on max blue leather from 9% to
The largest shoe sector fashion and business fair in Latin America should receive over 55,000 visits by Brazilian shop owners and importers from over 60 countries. Couromoda is responsible for approximately 25% of annual revenue in the shoe sector, which makes around US$ 7.1 billion a year.
Movelsul is the largest furniture trade fair in Latin America. In the 2004 edition, the fair will receive, for the first time, buyers from Russia, Eastern Europe, the Middle East, North, and South Africa. Arab businessmen coming to Brazil are taking the opportunity to visit furniture factories in Brasília.
