The Arab-Brazilian Chamber of Commerce organized a booth with Arab and Brazilian companies at the Abu Dhabi International Food Exhibition in the capital of the United Arab Emirates.
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After meeting with ministers and signing a memorandum with the Gulf Cooperation Council, Brazilian Foreign Minister Mauro Vieira says a new phase of high-level political dialogue with the region has begun. In an exclusive interview with ANBA, Mauro Vieira said that Brazil has an enviable political position in the Gulf.
Brazil’s Foreign Minister Mauro Vieira attended a meeting of the Gulf Cooperation Council in Riyadh on Monday (9). According to the ministry, political dialogue and economic relations with the bloc are priorities in President Lula’s foreign policy.
Brazilian foreign minister and GCC secretary-general Jasem Mohamed AlBudaiwi discussed topics such as the relations between Brazil and the Arab countries in the Gulf, and the conflict in Gaza.
During his visit to Brazil, Gulf Cooperation Council secretary-general Jasem Mohamed AlBudaiwi was greeted with a lunch by Qatar’s ambassador to Brasília on Tuesday (25).
The institution expects a 3.6% growth in 2024 and 3.7% in 2025. For this year, the projection is at 1%.
The 47th edition of the event took place in Cairo, the capital city of Egypt. The entity was represented by the regional advisor for the Gulf Cooperation Council, Iraq, and Yemen, Shaheen Ali Shaheen.
An IMF report urges Gulf Cooperation Council member countries to tailor their fiscal policies to match the commodity’s prices, which are expected to decline in the next two decades.
Marcelo Della Nina, the diplomat representing Brazil in Saudi Arabia, was welcomed by Abdullatif Bin Rashid Al-Zayani.
According to the institution, global economic growth will reduce from the 3% of last year to 2.9% this year. Brazil may grow 2.2% if reforms are passed.
After the reopening of movie theaters in Saudi Arabia, the sector is seeing a strong growth in the region.
The number of launched projects has reached 2,410, according to a report by the BNC Network. From these, 1,730 are in tender or under construction.
The International Monetary Fund released this Wednesday the report Regional Economic Outlook for the Middle East and North Africa, underscoring five main points.
