Brazilian footwear exporters chose countries to promote their products over the next biennium. Priority markets include the United Arab Emirates, and secondary markets include Saudi Arabia.
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A report by capital market company Riyad Capital pointed out that Saudi Arabia’s gross domestic product growth will be driven by increasing investment spending.
Saudi Arabia earned USD 22.8 billion from international oil sales in December. The commodity accounted for 79% of the country’s exports.
This Monday (13), Frederico Trajano participated in an event held by the Public Investment Fund (PIF), Saudi Arabia’s sovereign fund.
Revenue grew 39% compared to January 2022. China, Japan, Saudi Arabia, South Africa, and the European Union were some of the leading destinations.
The reconstruction is displayed for the public in the visitor’s center at the Hegra historical site in AlUla.
The Saudi Ports Authority announced a shipping line connecting Jubail Commercial Port with six international ports.
Saudi Arabia led the growth, which was also seen in Africa. At the global level, there was a drop in the number of hotel rooms under construction, according to the report.
Sold for higher prices, agricultural commodities accounted for 71% of the trade with the Arab countries in 2022. Sugar, poultry and iron ore were the leading items sold to the bloc.
Finance minister Fernando Haddad met with Saudi investment minister Khalid Al-Falih. São Paulo state governor also met with Al-Falih, the Saudi minister of Industry, representatives of a Qatari investment fund, and the CEO of UAE’s port company DP World.
Facing the dunes of Saudi Arabia, Pâmela Bozzano became the first women from Brazil to compete as a pilot in the Dakar Rally. Other Brazilians also participated in the competition, and one of them made it to the podium.
The Pangeos ‘terayacht’ is a projected floating city with a capacity for up to 60,000 people with accommodations, shopping malls, and helipads. The superyacht would be able to sail around the world nonstop, equipped with electric engines and solar panels.
The country has invested in planting the crop conjoined with soybean. With estimates for a record harvest, specialists believe Brazilian producers will keep the buyers won over the last two years.
Focusing on the country’s history and tourism, Diriyah was announced as the kingdom’s new giga-project. Another four are Neom, Red Sea, Qiddiya, and Roshn.
