A delegation of business executives is being put together by the Arab Chamber for the trip. The industries involved include cosmetics, coffee, grains and doors.
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The North African countries have agreed to build a 609-km railroad.
That’s the deficit of the government’s current account in September. It was the second largest deficit ever for the month.
The event was scheduled for November 7, at the Arab Chamber, in São Paulo. A new date will be announced soon.
The water and energy exhibition ended this Thursday. The Brazilian pavilion, set up and managed by the Arab Chamber, was praised by the event’s organizers.
Taking place this month, the São Paulo International Film Festival will award best feature films in the competition New Directors.
At the Arab Chamber’s stand in the Wetex show, the Brazilian beverage company is promoting its Ama bottled water, whose revenues it funnels into water resource management projects in Brazil’s semi-arid areas.
Egypt’s Minister of Petroleum, Tarek El-Molla, announced that his country will hold the first bid round for oil and gas exploration in the Red Sea before the end of the year.
US-based company HyperloopTT said construction of the emirate’s hyperloop will begin in the third quarter of next year.
Four Brazilian companies are exhibiting their products at WETEX 2018 in a stand set up by the Arab Chamber. The fair began this Tuesday and runs until Thursday.
The Arab Chamber’s Michel Alaby, Apex-Brasil’s Karen Jones and the Paraná Development Agency’s Adalberto Neto are attending the Future Investments Initiative conference, which began this Tuesday in Riyadh.
Dubai-based port operator DP World handled 53.6 million TEUs from January to September. The company operates in the port of Santos.
Weakening production and employment levels continue to hamper a rebound, according to the National Confederation of Industry (CNI).
Brazil’s IPCA-15 index is up 0.09% in October from September.

