Brazil’s National Immigration Council has regulated the granting of temporary visas for the so-called digital nomads, immigrants in Brazil that provide services online for companies overseas.
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Saudi Arabia, which is currently leading the group, and the Bank for International Settlements have announced a contest for solutions in financial regulation and supervisions. Entries will be accepted through May 20.
The country spent USD 38 billion on hardware, software and IT services last year, according to the sector’s association.
The number of mergers and acquisitions totaled 906 between July 2017 and June 2018, according to KPMG. Deal-making involving tech companies was the highlight.
Investment in the field is deemed essential in order for a country to transition into a high technology-, connectivity-based economy.
In a seminar at the Arab Chamber, Jordanians showed to be interested in receiving Brazilian investments in the technology sector.
