According to Saudi Arabia’s official news agency, facilitating passenger travel between the two countries is also a goal.
Browsing: Economy
Brazilian state bank has approved a USD 413 million credit line to finance the firm’s aircraft production and exports.
The event ‘Tanger-Med (Morocco): Hub for Brazilian agribusiness’ takes place on Thursday (10). Authorities of the Tanger-Med Port will participate.
In an article, consultant and entrepreneur Rubens Hannun writes on how innovation, global events and local food production are creating a job opportunity boom in the Arab countries. Hannun is former president of the Arab Brazilian Chamber.
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.
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.

