The numbers were reported by Fatima Al Arabi, investment manager and consultant, who attended the Annual Investment Meeting in Dubai. Private equity and venture capital firms have, currently, USD 1 trillion available.
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Investment in the field is deemed essential in order for a country to transition into a high technology-, connectivity-based economy.
In the month’s first week, there was a surplus of USD 1.4 billion. Year-to-date, exports have been exceeding imports in over USD 15 billion.
The Annual Investment Meeting began this Monday in Dubai with the goal of connecting developing countries via foreign direct investments.
Revenue from foreign sales from Brazil to the United States, Bolivia, Israel and the United Arab Emirates declined the most year-on-year.
Minister of Investment Mubarak Al Mahdi goes in depth into ongoing projects involving funds from abroad, such as the new Khartoum Airport.
So said UAE minister of Economy Sultan Bin Said Al Mansoori at the opening of the Annual Investment Meeting in Dubai this Monday (9).
On the eve of the Annual Investment Meeting, in Dubai, the deputy director-general of the World Trade Organization, Yonov Frederick Agah, has said that a trade war and protectionism could undermine the sector’s growth.
Brazil’s sanitaryware maker shipped product for a residential complex project in Abu Dhabi, the UAE. This is the first major project in a Gulf country for the company.
According to the Electric Energy Trading Chamber (CCEE), the rise in temperatures last month impacted directly the consumption of energy.
The Annual Investment Meeting will take place in Dubai from April 9 to 11. Designed to get investors and investees to sit down and talk, the event will be attended by Brazilians.
That is the assessment made by the secretary-general of the Union of Arab Chambers, Khaled Hanafy, who attended, this week, an economic forum in São Paulo.
After seeing net withdrawals in January and February, savings accounts swung to a surplus in March, the Brazilian Central Bank said.
For companies to qualify for tariff exemption or reduction in the Mercosur-Egypt trade, they need to issue a special certification. The matter was discussed in a meeting in the Arab Chamber.
