The amount of foreign direct investment which entered the country from 2016 to 2018 was the 27th biggest in the world. Brazil was the 7th biggest FDI destination.
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The Arab Brazilian Chamber is bringing enterprises to the Algiers International Fair, alongside the Embassy of Brazil in the country. Company Ortelan Café is showcasing its products. The Brazilian stand was visited by Algeria’s interim president.
Brazilian economy was down by 0.9% in the three months through April and 0.1% in the month.
Three teams from Brazil did well in different categories at the FIRST LEGO League championship in Byblos, Lebanon.
The UAE’s satellite-based internet provider is offering new subscribers one month free of charge, available through June 30.
Abu Dhabi National Oil Company announced this Monday (17) the formation of a joint venture with Netherlands-based OCI N. V., expecting it to be global nitrogen fertilizer leader.
Turkey’s Gaziantep Chamber of Commerce won Best Unconventional Project at the World Chambers Competition during the World Chambers Congress last Friday (14). Its Syria Desk initiative is designed to integrate Syrians into Turkey’s labor market.
Egypt’s stand in the São Paulo expo was visited by restaurant and coffeeshop professionals interested in the items on offer, as well as meetings with Brazilian importers.
A Brazilian Central Bank index was down 0.47% in April from March, in the fourth straight month-on-month drop.
The emirate’s chamber of commerce has joined the ICC congress in Rio de Janeiro. One of its executives discussed the local industry.
Arab Brazilian Chamber president Rubens Hannun met with representatives from Sharjah, Qatar and Oman chambers in Rio de Janeiro. They talked about holding forums and trade missions in both regions.
Shortlisted teams from Brazil are from Rio de Janeiro, Paraná and Rio Grande do Norte. The international competition involves young people from 46 countries.
Panel on small- and medium-sized enterprises in the World Chambers Congress discussed challenges and tools to assist these companies to expand to foreign markets. Representative from the Qatar Chamber detailed their work.
Emirates NBD survey shows that private activity increased in both countries in May. In Egypt, however, it weakened in the same month.
