A survey conducted by the IMF shows that consumption, government investments, and job creation are responsible for the expansion of the Gulf country.
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In 2024, the North African country received USD 936 million in investment from foreign companies or institutions, according to UNCTAD.
Karola Braga exhibited her work Sfumato in the Al Ula desert last year. The installation, which explores the aromas of the incense route, was awarded by the Institute for Art and Olfaction in Los Angeles.
The year-on-year growth was driven by the non-oil sector of the economy.
Supported by the Arab-Brazilian Chamber, the Brazilian chemical company made a trip last month to the United Arab Emirates, Egypt, and Saudi Arabia, during which it found a distributor and closed a sale. The company is considering opening a facility in the region.
The field is located in a partitioned region between the two countries and has a production capacity of over 500 barrels per day.
Governors and deputy governors from Brazilian northeastern states are traveling to Qatar, Saudi Arabia, and the United Arab Emirates to attract capital and partnerships for their development projects. The Arab-Brazilian Chamber participates.
A group of Brazilian companies visited the Arab country last week and took part in meetings that are already beginning to translate into export negotiations.
The Halal do Brasil project will take six Brazilian food companies on a business mission to Saudi Arabia next week. The goal is to arrange meetings with potential clients and visit the Saudi Food Expo.
First-quarter results show USD 26.4 billion in orders but also reveal a USD 76 million loss.
The unit will be located in the city of Jeddah, with a food processing capacity of 40,000 tons per year. Operations are slated to begin in 2026.
Promo Trend Travel is starting to promote the new destination to Brazilian clients. Meanwhile, an Egyptian company aims to double the number of Brazilian tourists traveling to the North African country this year.
An initiative spearheaded by ApexBrasil and Abicalçados has selected the countries where it will promote Brazilian-made footwear throughout the 2026–2027 biennium. The United Arab Emirates and Saudi Arabia are among them.
A delegation from the Unaizah Chamber of Commerce and Industry carried out a series of appointments in the state of São Paulo earlier this week. In a meeting at the Arab-Brazilian Chamber headquarters on Thursday, leaders discussed mutual support for the export of Saudi dates to Brazil and the sale of Brazilian products to Saudi Arabia.
