The resurgence of tourism and the hosting of conferences towards the end of the year bolstered the growth. Passenger traffic is projected to reach 140 million by 2024.
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Director-General Ngozi Okonjo-Iweala said the two countries put in a “hard work” and implemented beneficial but challenging reforms.
This was one of the topics of the foreign ministers’ meeting in Rio de Janeiro that also discussed the situation in Gaza, energy transition, and the fight against hunger.
The promotion and positioning initiative of the country as a supplier of halal goods bets on local dishes to showcase the Brazilian halal expertise to visitors at Gulfood.
Initiative held by the Brazil Africa Institute will be launched on February 17 and aims to welcome 1,000 young people from the continent for technical training.
Exports to the two countries increased in January compared to the same month last year, while overall shipments declined, according to industry lobby ABPA.
Exports surpassed imports by USD 8.67 billion in 2023. Last year saw shipments to Arab countries increase by 9.2% and imports decrease by 28.9%. The main Brazilian export was sugar, and the leading Arab import was oil.
A fifth frequency on the Dubai-Rio de Janeiro-Buenos Aires route was announced to start in December. The flight will depart on Saturdays from Dubai.
With pieces inspired by Mexican painter Frida Kahlo, Vincenzo Visciglia captivates Arab buyers in the luxury industry.
Exports expanded both in revenue and volume, industry lobby ABPA reported. ABPA president Ricardo Santin believes this results from international promotion actions. Saudi Arabia is the top exporter.
The global flow of foreign direct investment reached USD 1.37 trillion last year, with a slowdown in developed and developing nations, according to UNCTAD data. The United Arab Emirates and Saudi Arabia saw higher investments in their greenfield projects.
According to the sector lobby, sales to both countries grew from the same month in 2022. Brazil’s poultry exports increased by 6.6% in 2023.
ES Explorer was established last year as an arm of ES English exchange school and has been working to attract Brazilian visitors to Dubai.
The Brazilian tennis player was a semifinalist in the 2023 Mubadala Abu Dhabi Open in the United Arab Emirates.
