The research institution TRENDS Research & Advisory from the United Arab Emirates hosted a symposium within the Brazil Africa Forum in São Paulo. In an interview with ANBA, senior researcher AbdulAziz Al Shehhi highlighted the role that Brazil and the UAE play as investors and supporters of Africa.
The Emirates Arab Run will take place on Sunday (20) on the streets of the Brazilian capital and aims to raise awareness about the importance of water on planet Earth.
On the second day of the Brazil Africa Forum, Brazil’s secretary for Africa and the Middle East, Carlos Sérgio Sobral Duarte, spoke about the continent’s economic progress and said the trade relationship with Brazil is modest compared to its potential.
Brazil’s year-to-date exports to the Middle East and North Africa grossed USD 17.7 billion through September, up 25% from the same period last year. The performance is on track for a new record.
The Faculty of Philosophy, Languages and Literature, and Human Sciences at the University of São Paulo will open the Center for Palestinian Studies on Wednesday (16), which will expand research and discussions on Palestinian issues.
Algeria has joined the list of the top 20 importers of Brazilian beef, at 34,200 tonnes from January to September. The UAE also increased their purchases, contributing to the rise in exports.
A World Bank analysis points out that the 26 poorest nations in the world are deeper in debt than at any time since 2006 and have struggled to attract low-cost financing.
The organization has joined the Azerbaijan Halal Business Forum, where it is introducing Brazilian small and medium businesses active in the halal market. COP29, which will be held in the capital, Baku, was also on the agenda.
The Arab country saw just shy of 5 million foreign travelers year-to-date through September, the Ministry of Tourism and Antiquities reported, including 3,500 Brazilians.
The Arab country’s GDP may slow down in 2024, the same as it did in 2023, but an expected reversal of oil production cuts paves the way for 2.8% growth next year, the IMF said.
The country could be a global leader in the sustainability debate, but first it must address domestic issues.
The country’s hospitality sector has revised up investment projections through 2028 by 26.9%. Occupancy rates have also gone also up in the country.
The Arab country’s GDP grew specially because non-oil activities. The manufacturing sector performed well, as did the financial and insurance sectors, professional, scientific and technical activities, transportation and storage, and information and communication.
The accolade is awarded in recognition of innovative efforts towards sustainability in six different categories. Winners will be known on January 14 in Abu Dhabi, United Arab Emirates.
