An IMF analysis indicates a decline in oil GDP, but domestic consumption and government projects will sustain growth in other sectors and the country as a whole.
Browsing: saudi arabia
The United Nations’ industrial development arm is accepting applications from businesses with innovative practices. The award ceremony is taking place in November at the Global Industry Summit in Riyadh.
The technology company WeRide announced that it has been granted authorization to operate its autonomous, i.e., driverless vehicle business in the Arab country, starting with a pilot in Riyadh.
Pet product exports from Brazil grew by 29% in 2024, driven by purchases from Arab and Latin American countries. The Saudi market stands out due to the growing population of cats and dogs.
The number of foreign startups registered in Saudi Arabia more than doubled year-over-year, according to licenses issued by the Ministry of Investment.
Currently present in Saudi Arabia and Tunisia, the dairy brand is negotiating sales to Egypt and Algeria.
Horses owned by Arab breeders were among those that won medals at the Global Champions Arabians Tour event held in Indaiatuba. Jordan stood out. The championship is organized by Qatar.
The Export Manager of the Saudi Arabian perfume company took part in B2B meetings in São Paulo and spoke with potential partners to introduce its brand to the Brazilian market.
The Riyadh-based food industry machinery manufacturer wants to supply the Brazilian market and sees potential clients within the country’s Arab community.
The company Saadeddin took part in B2B meetings in São Paulo with the aim of selling its chocolates and sweets in the Brazilian market.
Saudi Exports held business meetings between Saudi and Brazilian companies at an event in São Paulo on Tuesday (15). The Arab-Brazilian Chamber participated.
Trade between the two countries was also a topic at the meeting of foreign ministers held on the sidelines of the BRICS summit.
A survey conducted by the IMF shows that consumption, government investments, and job creation are responsible for the expansion of the Gulf country.
In 2024, the North African country received USD 936 million in investment from foreign companies or institutions, according to UNCTAD.
