Banco ABC Brasil is controlled by Bahrain’s Arab Banking Corporation, and last October it has completed 15 years since its IPO in the Brazilian stock market, with an eleven-fold increase in assets and a five-fold increase in the customer base.
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The trade show took place in the UAE, and Brazil’s participation was supported by industry project Beautycare Brazil. The event is expected to lead to USD 50 million worth of deals in the next 12 months.
The growing population in urban areas has been one of the drivers of the change in Arab consumption, said an economist during event on the region’s market and halal certification.
The Brazilian company signed memorandums in Saudi Arabia, the United Arab Emirates and Oman to study implementing hubs focused on low-carbon steelmaking products.
The Arab country reported an expansion in international oil sales from January to September, reaching USD 90.3 billion.
E-commerce boom, purchases on social media, digital-physical mashups: see how the pandemic has impacted the Brazilian consumer behavior.
In a roadshow organized by the Embassy of Brazil in Abu Dhabi and the Arab Brazilian Chamber of Commerce, executives visited six emirates and found a booming market niche.
According to a study released by ApexBrasil, Qatar’s real Gross Domestic Product could grow 4.3% from last year. Rising hydrocarbon prices and the World Cup are expected to drive economic activity.
The Arab country in Africa will carry out a project in partnership with the World Bank to revive its electricity supply industry. One of the key priorities is access to affordable energy.
A report indicated Tunisian startups are growing and attracting more investment. Most of the businesses are in the education technology segment.
Following a successful career in the financial market, Brazil’s Rafael Gonçalves has lived in the UAE for four years and worked at two Arab companies. He is now the head of the world’s largest date firm, Al Foah.
Caps by Brazilian brand DaMinhaCor are designed to fit voluminous hairstyles. From swimming caps to hair nets, the company innovated in the Black community and became an exporter.
An Egyptian committee decided to facilitate customs release for equipment and machines to be used at the UN Climate Change Conference to take place in Sharm El Sheikh in November.
The Arab country launched a strategy to significantly increase the number of manufacturing plants by 2035. Exporting high-tech products is a priority.
