Slated to open in 2020, the new facility will work to increase exports from the Brazilian state to the United Arab Emirates, and to promote the administration’s privatizations program.
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According to IBGE, this was the greatest change for the month of May since 2016.
Marcelo Prado is a partner-director at the trading company Braz Foods together with Kuwaiti businessman Sabah Al-Sabah. For seven years, they have exported açaí and other sorbets made of Northern Brazil fruits to the Arab country and wants to expand business to the Middle East and North Africa.
The United States government, which had been preventing Brazil from joining the organization, has now given its formal support.
The Zayed Sustainability Prize is awarded by the Abu Dhabi government to projects in five categories: Health, Food, Energy, Water, and Global High Schools.
USD 34 billion went into the government’s coffers during the month in Brazil, with collection driven by oil royalties.
The Egyptian Commercial Office in Sao Paulo will bring food samples of at least 20 companies to its stand at the show. The Arab Brazilian Chamber supports it.
The two Gulf countries have permanent visa programs in place for non-nationals in a bid to boost their economies.
The CEO of Dubai’s port operator Sultan Ahmed Bin Sulayem met with Brazil’s president Jair Bolsonaro and other officials to discuss economic openness, infrastructure and investments.
Saudi Arabian officials are in Brazil to promote the Adaá Health Program, which pulls together and shares solutions and success stories in healthcare. The Ministry will be an exhibitor at a medical industry show in São Paulo.
Brazil is expected to grow 1.4% in 2019. Report published this Tuesday says that trade and policy uncertainties could damage the world economy.
Ten facilities across the country handled a combined 30.6 million tons of cargo year-to-date through March.
IMF expects the Arab country’s economy to accelerate 6.7% this year after a 3.6% growth in 2018.
An index from the WTO shows growth falling short of medium-term trends, and the performance seen in the first three months of the year might repeat itself.
