Funding in transport infrastructure, energy, and customs technology promises to increase the volume and efficiency of business between Brazil and Arab countries.
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The General Company for Roads and Water Projects in Syria is seeking companies to help develop its operations, increase capacity, and improve the productivity of its units in Latakia and Tartous.
Jorginho Mello was welcomed by Arab diplomats in a meeting where investments in the state were discussed.
Trade between the two countries was also a topic at the meeting of foreign ministers held on the sidelines of the BRICS summit.
The Ministry of Commerce, Industry and Investment Promotion presented economic data for 2024, including commercial registrations and foreign direct investment, both of which rose.
In a meeting at the Arab-Brazilian Chamber of Commerce, the Kuwaiti ambassador in Brasília, Talal Rashed Almansour, discussed with the institution’s executives the next steps of an agenda to promote trade and investment.
In an article sent to ANBA, Ambassador Ahmed Swar, charge d’affaires of the Sudanese Embassy in Brasília, provides an overview of his country’s history leading to the development of its current economic activities and invites Brazilian investors to enter the Sudanese market.
In partnership with a local businessman, the hair products company will have showrooms and beauty salons in the city of Sousse.
Last year, the Saudi economy was boosted by private consumption and non-oil investment. According to the IMF, the country is making progress in its diversification efforts. Non-oil GDP is expected to grow by 3.5% in 2024.
During the FII Priority, Aloizio Mercadante, President of the Brazilian state development bank BNDES, highlighted Brazil’s green and energy potential, in a bid to attract investments from the Gulf.
Brazil’s agriculture and livestock minister Carlos Fávaro had a meeting with Arab ambassadors on Wednesday (8) in Brasília, when demands for investments and technological cooperation between the regions were discussed. Arab-Brazilian Chamber participated. Fávaro announced agricultural attachés in two more Arab countries.
Reported investments to the Tunisian Investment Authority were up in the first quarter of 2024, compared with the same period in 2023.
The money is expected to be invested in the 2024-2028 phase of the oil and gas industry’s current contracts, Brazil’s oil and biofuels regulator reported.
The UAE-based real estate development company is looking for clients to invest and live in the Arab country. During a visit to the Arab-Brazilian Chamber headquarters, Damac presented opportunities.
