The announcement came in the wake of a meeting between president Jair Bolsonaro and Saudi Arabian crown prince Mohammed Bin Salman.
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Brazilian company that produces famous poultry brands such as Sadia and Perdigão signed a memorandum with Saudi officials to build a plant in the country.
Brazilian pharma company signed an agreement with the country’s industrial development agency to prospect the market and decide a potential business model.
The country was targeted by USD 3.6 billion in foreign direct investment in the first half of 2019, the United Nations Conference on Trade and Development (UNCTAD) reported.
Jair Bolsonaro of Brazil mentioned opportunities in infrastructure that can be advantageous to both sides. He joined a business seminar in Abu Dhabi.
Brazilian-Lebanese businessman Issam Hassan started Massi Trading in Dubai seven years ago to serve as a branch of Brazilian companies in the Arab countries. He trades mainly poultry but is studying new fields and ways to act.
The Brazilian tech and engineering multinational might join transportation projects in the Arab countries. One of its strategies is to go international by following major global corporations in its client roster.
Arab Chamber executives met with companies that are going international during an event hosted by São Paulo city hall agency SP Negócios and mapped out their willingness to sell to Arab countries.
Municipal agency SP Negócios is hosting an international day for businesses looking to export. There’ll be meetings with delegates from chambers of commerce – including the Arab Brazilian one – and consulates, and success case presentations.
After getting a foothold in the Brazil-Japan corporate travel market, Líder Corporate sets its sights on the Arab countries. The company offers a comprehensive range of services for Arab businesspeople traveling to Brazil and vice versa.
Member companies can register to join the premier food industry show in the Middle East, from February 16 to 20, 2020 in Dubai, UAE.
The Arab Chamber and Embassy of Brazil in Cairo will organize a pavilion and companies may subscribe to participate. This is one of the Africa’s largest food trade show and runs from December 9 to 11.
The Brazilian pulses company joined the stand organized by the Arab Brazilian Chamber at the trade show in Germany and found new clients in Arab countries. The show yielded good results.
During a seminar at the Arab Brazilian Chamber of Commerce, Saudi authorities told Brazilian executives about their country’s market, stressing that incentives are in place for industrial enterprises looking to move in.
