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.
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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.
The Arab-Brazilian Chamber of Commerce renewed its partnership with the AIM Global Foundation by signing a Memorandum of Understanding at a congress on Emirati real estate held in São Paulo.
Show held in São Paulo brought companies from the Arab country to present ventures in cities like Dubai, Ras al-Khaimah, and Abu Dhabi.
The negative balance in current transactions was of USD 1.55 billion, a drop from 2022.
Tameed specializes in Islamic law-compliant financing for small and medium enterprises. New funds were raised in funding rounds.
Brazil’s Minister of Environment and Climate Change told UAE news agency WAM that the decisions made at COP28 are the basis for initiating investments that are aligned with nature.
Data from government statistics agency IBGE showed that from July to September services and industry grew by 0.6% each, while the agricultural sector contracted by 3.3% from the second quarter.
The Brazilian oil company announced its 2024 – 2028 strategic plan with low-carbon projects. President Jean Paul Prates said the energy transition would be carried out responsibly without compromising the oil production still needed to meet global demand.
Ahmed Hachani said at a plenary session that reforms implemented by the government can help the country grow. The government aims to integrate the informal economy into the banking circuit.
The ministers of Tourism of both countries met at the 25th General Assembly of the World Tourism Organization, held in Samarkand, Uzbekistan. They aim to increase the flow of visitors and attract investments to Brazil.
A delegation from the Arab country is in Rio de Janeiro for the Saudi-Brazilian Aviation Conference and to discuss investments and exchange in the sector.
