The target set is part of the expansion plans of the DIFC, the Emirate’s financial free zone, for 2024. The goal is to triple the number of companies in the area.
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In a lecture at the Arab Brazilian Chamber of Commerce offices, José Roberto Mendonça de Barros discussed the country’s current scenario and gave suggestions for businesses to navigate the crisis.
Matchmaking organized by the Arab Chamber gathered 18 Brazilian food and construction companies and businesses from the Emirate.
A meeting on the subject in Egypt will assemble delegates from three economic blocs, spanning a total of 25 countries across the continent.
The 17th Arab Investors and Businessmen Conference is set to take place on November 16th and 17th and will address subjects like entrepreneurship and innovation.
Data from exporters’ council indicates that Brazil grossed US$ 87.3 million with coffee exports to the Arab world from January to May of this year, an increase of 2.5%, but the volume shipped dropped.
Watch in this episode: Brazilian vice president Michel Temer was honored by Arab ambassadors in Brasília.
The new phase of Logistics Investment Program was launched this Tuesday (9th) and should help unlock Brazil’s economic potential. Private investments will be made in roads, railways, ports and airports.
Strategic location, reduced costs and little red tape are among attractive features presented to Brazilian companies in a seminar. Delegation wants to attract companies to the Emirate.
Foreign sales by automakers operating from the country increased in May from April and helped improve year-to-date performance. However, the basis of comparison is too low, says a specialist.
In May, sales at Brazilian stores were 0.6% higher than in April and 3.4% higher than in May of last year.
The sale of an oil rig helped drive export revenues up and reduce the country’s trade deficit year-to-date.
Survey of the Brazilian Central Bank with financial institutions indicates an expectation for a 1.3% decline for Brazil’s GDP in 2015. Last week estimation was of 1.27%.
The Brazilian embassy in Rabat completed 52 years of operation and diplomat Frederico Meyer talked to ANBA about the state of bilateral relations and the possibilities for improvement.
