Information from Ernst & Young indicates that the outlook is favorable for the banking sector in the Gulf Cooperation Council countries, which are benefiting from local economic diversification efforts.
Browsing: bahrain
During a visit to the Arab country, the Secretary-General of the Arab-Brazilian Chamber of Commerce, Mohamad Mourad, met with local businesspeople and government representatives with support from the Brazilian embassy in Bahrain.
The Arab country hosted a discussion among representatives of the fintech industry, regulators, and sector professionals about skill development for working in the field. Bahrain aims to strengthen its position as a reference in digital financial products.
The prime minister and crown prince visited the area that is part of the local biodiversity expansion project.
Bahrain celebrated its National Day on Tuesday (10) in Brasília, where Ambassador Bader Abbas Alhelaibi highlighted the country’s achievements, such as a 9% growth in foreign direct investment.
The Bahrain Businesswomen’s Society is holding a global economic forum and exhibition from January 12 to 15, 2025, in Manama. The Bahrain’s Embassy in Brasília invites Brazilian women to participate. Registration is open.
Brazilian brands are standing out worldwide and are beginning to gain popularity among consumers in Arab countries. Saudi Arabia is already the fifth-largest destination for Brazilian chocolate exports, and other markets in the region, such as the UAE, Qatar, Kuwait, Oman, and Bahrain, also have fans of national chocolate.
Brazilian students secured first place at the ISF Gymnasiade, which took place until last Thursday (31) in Manama. The Latin American country ended up with a total of 163 medals.
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 Embassy of Bahrain in Brazil and the Arab-Brazilian Chamber held an event in São Paulo on Thursday (26) as part of the celebrations of the 50th anniversary of diplomatic relations between the Arab country and Brazil. The Bahrain Music Band performed with songs from the region.
The country will have one of the largest delegations at the School World Games to be held from October 23 to 31 in Manama.
Brazil is becoming an increasingly important supplier in the Arab beauty market, particularly with hair care products. The region is supplied by companies such as Floractive, specializing in hair treatments, and Terra Fértil, offering hair straighteners and dryers. Light Hair aims to enter the market, too.
In the month when Brazil’s Independence is celebrated, Bahrain’s ambassador, Bader Abbas Alhelaibi, writes an article highlighting Brazil’s contributions on the international stage throughout history.
The Arab country established the King Hamad Prize for Peaceful Coexistence, an international award that recognize individuals and organizations that have made significant contributions to peace and dialogue. The chairman of the prize’s board of trustees provided details in a press conference.
