A memorandum of intent is expected to be signed in October with the Abu Dhabi Fund for Development. The goal is to attract investments to Ceará state’s capital.
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In 2024, the North African country received USD 936 million in investment from foreign companies or institutions, according to UNCTAD.
After a trip by the region’s governors to Qatar, the United Arab Emirates, and Saudi Arabia, there is an expectation of business deals and investments in the coming months.
The group’s goal is to share ideas and experiences among Brazilian companies in the business world of the Arab country.
Lawyer Marcelo Lucas writes an article about the Arab country as an investment destination, its benefits, and economic environment. With offices in Dubai and Riyadh, he will lead a delegation of Brazilian businesspeople to Oman next weekend.
The Brazilian Minister of Finance discussed his country’s economy during his speech at the IMF conference in Saudi Arabia, where he also held meetings with local ministers to discuss investments, trade, and cooperation.
The finance minister will travel to Saudi Arabia and the UAE on Friday (14) for a schedule that includes meetings with local ministers and participation in an IMF conference.
The real estate sector recorded sales equivalent to USD 10.8 billion last year, a 48% increase compared to 2023.
According to Brazil’s Mines and Energy Minister Alexandre Silveira, mining company Ma’aden plans an estimated USD 1.3 billion in Brazil. President Lula invites the Saudi prince to visit the country.
Brazil’s President Luiz Inácio Lula da Silva met with the CEO of the Abu Dhabi Investment Group, Zayed Bin Aweidha, on Wednesday (27) in Brasília. The meeting primarily focused on discussions about investments.
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.
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.
The research institution TRENDS Research & Advisory from the United Arab Emirates hosted a symposium within the Brazil Africa Forum in São Paulo. In an interview with ANBA, senior researcher AbdulAziz Al Shehhi highlighted the role that Brazil and the UAE play as investors and supporters of Africa.
In partnership with a local businessman, the hair products company will have showrooms and beauty salons in the city of Sousse.
