An investment of USD 500 million was committed towards a terminal for grains and fertilizers. Construction is expected to span 30 months, pending government approvals.
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Following his visit to the city, Maen Masadeh says that further progress is possible in areas such as tourism, energy, culture and education.
EDGE and the São Paulo state government will carry out a six-month trial of public security systems to identify critical areas and track criminal activities, among other capabilities.
TudoAzul and Emirates Skywards promise to offer more benefits for frequent flyer members.
The firm will be based in Abu Dhabi to support companies from Brazil that want to expand trade into the Middle East and North Africa states.
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.
Brazilian Trade and Investment Promotion Agency (Apex-Brasil) president Sergio Segovia and Arab Brazilian Chamber of Commerce (ABCC) president Rubens Hannun signed the agreement this Tuesday (20) during the Economic Forum Brazil & Arab Countries.