Browsing: egypt

The Brazilian brand has footwear starting to arrive in Arab countries such as Kuwait, Egypt, and the UAE, in addition to established sales in Saudi Arabia, Oman, Jordan, Libya, and Sudan. Opananken makes an Arab sandal specially developed for the region.

Egypt’s ambassador to Brazil, Mai Taha Khalil, is having business-related meetings in São Paulo this week. Welcomed by leaders of the Arab-Brazilian Chamber, she said Brazil-Egypt relations are progressing well in the political sphere but need to advance in trade and investments.

After meetings to review the financing program for Egypt, the International Monetary Fund issued a statement on the country’s economy. There has been progress with the implemented reforms, reflecting on the balance of exchange rates and inflation, but the regional environment, with the conflict in Gaza and attacks in the Red Sea, impacts the economic landscape.

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.

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.