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Eight companies from Egypt and the UAE participated in a business mission organized by the Arab Brazilian Chamber last week in São Paulo. Appointments provided a better understanding of the market, information on investments, and a network of contacts.
The oil company finalized the sale of 51% of its stake in Gaspetro to Compass for USD 394. The sale is part of a commitment to promote competition in the natural gas sector in Brazil.
The Brazilian Parliament Congress held a special session last week to mark the 74th anniversary of the Nakba.
Brazilian industries shipped 7.5 million pairs of shoes abroad in the first half of 2022. In addition to the increase in volume, there was a 67.5% growth in revenue.
Learn more about some of the Brazilians doing business and partnering with the Arab market. The Economic Forum Brazil & Arab Countries gathered some leading players in this trade.
For the secretary-general of the Islamic Chamber, Brazil could grow its halal market in sectors such as tourism and cosmetics. The executives were received at the Arab Brazilian Chamber headquarters in São Paulo.
Kuwaiti Ministry of Commerce and Industry acting undersecretary Mohammad Mekhlef Al-Enezi visited the Arab Brazilian Chamber on Wednesday (6) and suggested a business mission from his country to Brazil in September.
Arab delegation in Brazil was welcomed by the president of the Federation of Industries of the States of São Paulo and discussed the need for Brazil-Arab relations to go beyond trade.
Representatives of South American entities signed a letter of intent to work together for the development of the chambers.
About 50 Brazilian entrepreneurs learned more about the trade possibilities with Egypt presented by the delegation from the Arab country in São Paulo.
The celebration took place at a dinner at the Renaissance hotel, after the Economic Forum Brazil & Arab Countries, and was attended by the Brazilian and Arab community, authorities, and businesspeople.
The Chamber signed a letter of intent with ABPA and ABIEC to allow the traceability of animal protein products on the Ellos platform. The organization also launched the Ryadah Sports Committee.
National US-Arab Chamber of Commerce president David Hamod and Algeria’s Industry Ministry secretary-general Belabrik Salah Eddine met during a special session in the Economic Forum Brazil & Arab Countries.
