So said Operations director Mahmood Al Bastaki during the Global Business Forum Latin America, in Panama. The Dubai-based port operator is currently active in Peru, the Dominican Republic, Argentina, Brazil and Chile.
Browsing: Economy
Recovery of the international prices of the commodity last year have strengthened the confidence in the country, but there are still some challenges, particularly the fiscal consolidation, according to IMF report.
Agribusiness companies presented projects in an exhibit concurrent with the Annual Investment Meeting in Dubai. Over 200 meetings with investors took place.
Extended National Consumer Price Index increased to 0.75%. It was the highest rate for March since 2015.
Q1 saw 774,000 pairs of shoes shipped from Brazil to the Arab country, up 127% from a year ago.
The One Belt, One Road Initiative was the topic of a panel at Dubai’s Annual Investment Meeting. A delegate from the emirate of Sharjah noted, however, that the Chinese investing in the Arab country are short in numbers.
Financial startups have grown by 50% per year in the last five years. International investors are interested in startups relevant to their home countries. The theme was discussed in the Annual Investment Meeting in Dubai.
Panelists at the Annual Investment Meeting, in Dubai, denounced protectionist practices and said businesses need to invest in competitiveness.
Leaders from the public and private sector debated the theme in the opening of the Annual Investment Meeting this Monday in Dubai.
Expected economic growth in Brazil shrank from 1.98% to 1.97% this week from the last one, as per the Central Bank’s Focus Bulletin.
The country is forecasting a pickup in foreign fund inflows. The subject will be covered during the Annual Investment Meeting in Dubai next week.
Brazil’s Ministry of Mines and Energy has created a workgroup to come up with proposals to streamline Brazil’s electric grid.
The amount of private and non-profit organizations was down 14% in 2016 from 2013 on the back of recession – they rely heavily on funding.
The World Economic Forum relates that economic, governance and safety issues worry Middle East and North Africa business leaders the most. Climate change, on the other hand, is underestimated.

