Brazilian oncology chain announced a joint venture with a subsidiary of the Saudi Al Faisaliah Group to implement an oncology facility in Riyadh. Potential revenue at year five of the joint venture is estimated at USD 550 million.
Browsing: Arábia Saudita
In talks with Brazil’s foreign affairs minister in Rio, where the G20 meeting is taking place, Saudi Arabia’s Economy and Planning Minister Faisal bin Fadel Alibrahim said his country will fully engage in the Global Alliance against Hunger and Poverty to be launched by President Lula on Wednesday (24).
The institution’s international relations vice president Mohamad Mourad said Brazilian officials brought a message of optimism in regard of the country’s growth, and the 2025 edition has been confirmed.
Saudi Arabia’s officials expect the number of pilgrims to exceed last year’s 1.8 million. Hajj officially begins on Friday (14).
In meetings in the Arab country, Brazil’s vice president and ministers also presented the Brazilian potential in agriculture and sustainable development.
Saudia announced the largest aircraft deal in Saudi history on Monday (20). Arab country has invested heavily in aviation.
Following a visit to the Arab country earlier this month, the chef started developing two ventures with local entrepreneurs.
Gulf country has diversified its economy away from oil and opened more and more opportunities for young female leaders. Women’s business mission will explore opportunities.
The government indicated that the transfer to the sovereign wealth fund aims to boost the national economy by diversifying its resources and creating more investment opportunities.
WAHI Committee takes Brazilian women on an immersion in the Arab country from May 18 to 25 for the exchange of experiences in leadership and female empowerment. Registration is open.
Saudi Arabia’s private firms employed 11.1 million in February, up 0.9% from the previous month, according to newly released figures.
Speaking at a Lide conference in Riyadh, an executive from the Brazilian aircraft manufacturer talked about his company’s plans for the Arab country, including the possibility of establishing a local operation and selling C-390 Millennium aircraft.
Arab-Brazilian Chamber of Commerce President Osmar Chohfi is part of the business delegation that have appointments in Saudi Arabia and the United Arab Emirates from March 3 to 8. Mission is focused on investments and business opportunities.
During event in São Paulo, Egypt’s Minister of Finance called for efforts in social protection, while UAE’s Minister of State for Financial Affairs spoke of financial inclusion. Brazil’s Fernando Haddad wants more international cooperation so that the rich “contribute their fair share in taxes.”
