The Arab country’s economy grew 0.84% in the second quarter of this year, despite weaker oil industry performance.
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An Arab Brazilian Chamber of Commerce event will explore an industry that grows 5% per year and is deemed strategic by the Arab country’s government, with an expected USD 71 billion in investment through 2020.
Poultry exports from Brazil dropped 28% to Saudis and 8% to the United Arab Emirates last September. But sales to Egypt and Bahrain soared.
The indicator from the National Confederation of Industry climbed in Q2 from Q1.
The event runs from October 5 to 8 at São Paulo exhibition center Parque Anhembi. The Arab Brazilian Chamber of Commerce’s secretary-general will join a discussion on Saturday on Middle East and North Africa business opportunities.
The organization’s stand at world’s biggest food industry show will be a meeting point for Arab and Brazilian businesspeople attending the event. It will also feature food company Arbaza.
The president of the Arab Brazilian Chamber of Commerce took part in a conference hosted by Brazil’s Federal Administration Council this Wednesday in Palmas, Tocantins.
Volume reached 3.828 million barrels of oil equivalent per day in August, almost 3 million being in oil only.
The organization’s secretary-general Tamer Mansour gave a lecture at the industry syndicate in Birigui, São Paulo. He discussed an economic forum due next year and a showroom in the Middle East.
Brazil ran a USD 2.2 billion surplus last month as exports cooled off and imports climbed, prompting the government to revise its yearlong estimate.
Three designers exhibit fine and semi-fine jewelry at the Watch & Jewellery Middle East Show, which started last Tuesday (1st) at the emirate of Sharjah. Participation is organized by Brazil Atmosphere project.
The World Trade Organization sees worldwide sales of goods going up 1.2% this year, down from last April’s 2.6% estimate.
A delegation from the northern Brazilian state visited the Arab Brazilian Chamber of Commerce’s international office in Dubai. Business owners are looking to carve out a market for themselves in the emirate.
A foreign minister during the Dilma Rousseff administration, the diplomat will arrive in Egypt this week. While visiting the Arab Chamber this Tuesday, he said he intends to prioritize trade.

