Representations of the Oman Chamber of Commerce and Industry and the country’s ambassador visited the Arab Brazilian Chamber. They participated in the organization’s board meeting.
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The announcement was made in Davos, Switzerland during the World Economic Forum. Summit will run in October, before the G20 meetings.
Arab Chamber has a stand in partnership with Brazil’s embassy and Fambras Halal at the multisectoral fair in Sudan. Chamber’s executive participates in several meetings with officials and businesspeople.
Figure was reached for the first time. Oil extraction was up by 7.8% from a year before, and natural gas by 9.5%.
Brazilian association estimates a production of 1.175 million units in 2020. Domestic market drives up the industry. Exports are down.
Research program of the Arab country supports projects that study how to enhance rain volume and frequency in a desert region.
Number of residents in Saudi capital could skyrocket from 7 million to 14 million by 2030. Master plan envisions investments of USD 55 billion in the city.
Brazil purchased 47.6 million tonnes, up 5.4% from a year before. Fertilizers were the main item imported.
Arab Chamber, Mango Ventures and Peppery Lab will hold on February 12 an event to choose the company that will compete for a USD 50,000 prize in the Annual Investment Meeting to occur in March.
US currency was up 0.4% this Tuesday and closed at its highest value since December 2nd.
Global foreign direct investment flow totaled USD 1.39 trillion last year, down 1% from a year before. But in Brazil they increased 26%, in Saudi Arabia 9%, and in Egypt 5%.
The corporation’s president Celso Moretti is visiting the Arab country, where the company considers opening an office.
Event on the 29th in São Paulo is aimed at food companies, especially those that are going to participate in Gulfood in Dubai. Focus will be the market of Arab countries in the Gulf.
Financial institutions have reduced their estimate for the National Extended Consumer Price Index (IPCA) from last week’s 3.58% to 3.56%.

