A delegation from Ladayn Polymer Park is currently in São Paulo to present benefits to businesses in Brazil and invite them to manufacture plastic products out of Oman using local raw materials. The delegates were welcomed at the Arab Chamber this Monday (18).
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The company Oman Lens launched the OL-1 satellite into space for remote sensing and Earth observation purposes. The equipment will monitor environmental conditions in the Arab country.
Executives from the free zones authority of the Arab country met with leaders of the Arab-Brazilian Chamber of Commerce to present opportunities in the country.
Oman’s Ministry of Agriculture, Fisheries and Water Resources has accepted an international veterinary certificate template for imports of live goats and sheep from Brazil. Would-be importers in Oman must submit an official application to the Ministry.
The event connects people and serves to expand digital knowledge, do business, and promote innovation. It derives from the Digitalks Expo, held by a Brazilian company.
The Import Price Index fell in the second quarter of this year. Oman purchased products from abroad at lower prices, including fuels and lubricants, machinery and equipment, as well as vegetable and animal oils.
A major exporter of oil and gas, the Arab country recorded a trade surplus. Top imports were mineral products and machinery.
Talal Sulaiman Al Rahbi was awarded a commendation by the Brazilian Academy of Honors for Merits at an event held at the Chamber of Deputies auditorium on Thursday (12). He mentioned that the moment is particularly timely as Brazil and Oman celebrate 50 years of diplomatic relations and that he is working to increase investment flows between the two countries.
Brazilian Foreign Minister Mauro Vieira met with Omani ministers in Muscat on Sunday (8), marking the 50th anniversary of diplomatic relations between the two countries. Investments, energy, agriculture, and COP30 were among the topics discussed in the meetings.
Arab country grossed OMF 6.2 billion in revenue in the second quarter of 2024, most of which, i.e., OMR 3.4 billion, coming from the oil sector.
The mining giant sold half of its distribution operation in the Arab country, the VODC, to a company from the United States for USD 600 million.
Al Buraimi Industrial City received new investments during the first half of 2024, with 15 projects being implemented. On the borderline with the UAE, the city has grown as a destination for companies.
Oman’s ambassador to Brasília, Talal Al-Rahbi, celebrates the 50th anniversary of diplomatic ties between his country and Brazil, with prospects of more mutual investments and cultural and political partnerships.
GDP registered an annual 2.8% decrease thanks to a drop in oil activities.
