In an article for ANBA, Elaine Prates, a master’s student at Getulio Vargas Foundation and senior institutional relations analyst at the Arab-Brazilian Chamber, shares her insights as a attendant in the Global Logistics Forum in Riyadh and discusses Saudi Arabia’s efforts to become a global trade hub.
The finance minister of the Arab country said the goal is for women to make up 40% of the workforce by the end of the decade.
Results are better than in September 2023 due to the recovery of various sectors of the economy. Tourism revenues are increasing, but prices in the country still need to fall.
The Arab country provided 110 seedlings of 12 species of date palms for Brazilians to test the commercial viability of producing their fruits in the semi-arid region. In addition to bringing income to local farmers, dates could also be exported.
Representatives of the institution met with Brazil’s ambassador to the Arab country, Paulino Neto, and the Arab League. Support for initiatives from the 22 Arab countries and participation in a forum in Brazil were key topics of the meetings.
The Brazilian company saw a decline in oil production in the third quarter but posted a record high in the share of pre-salt oil in refineries and an increase in the production of oil products. In September, it achieved the best monthly result for the utilization factor of its refining capacity.
Discussions at the Brazil Investment Forum highlighted a favorable economic scenario for attracting foreign investments in Brazil. According to an executive from the IDB, Brazil is a key player in addressing major global challenges.
Arab-Brazilian Chamber of Commerce President Osmar Chohfi and Secretary-General Mohamad Mourad discuss expanding trade and investment with authorities from the Arab country, including Foreign Minister Badr Abdelatty and the secretary-general of the Union of Arab Chambers.
“Business and Trends in the Arab World” discussed opportunities for exporters of personal care products last Saturday (26) in an event with industry entrepreneurs who are exhibiting at the Beautyworld Middle East fair this week.
Catarina Mina, a brand created by Celina Hissa, sells crochet bags and clothing made by artisans to 28 countries, including the United Arab Emirates, Kuwait, Egypt, and Lebanon.
Talking at the B20 Summit in São Paulo, Abdulrahman Al-Fageeh also said it is possible to extract more chemical residues from plastic raw materials and expand recycling.
Speeches and discussions reaffirm the need to strengthen and integrate trade exchanges. The UAE minister participated in a panel. The vice president of Brazil delivered a speech.
The Arab country held a forum in São Paulo on Friday (25) and participated in the first business council meeting with Brazil, focusing on advancing economic partnerships.
Musaab Al Mulla, vice president of energy and economic insights at Saudi Aramco, outlined at the B20 Summit in São Paulo how the company intends to achieve its planned reduction of greenhouse gas emissions. Increased efficiency in energy generation and emissions offsetting are part of the strategy.
