The country was among the markets that grew over 20% last year. Exports to the Arab world grew by 5%. Cecafé will participate for the first time in Gulfood in Dubai.
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Brazilian children’s footwear brand launched models created in Brazil but produced in China. The company exhibits at Couromoda and received Arab importers.
Abicalçados reported a 0.9% decline in revenue and a 0.9% increase in volume shipped year on year. UAE were the 14th largest market of the year.
Arab country purchased 71,400 tonnes last year. Spearheaded by China, exports hit record levels in both volume and revenue.
Such was the amount produced at Abu Dhabi’s Al Taweelah facility since it went operational in April.
United Arab Emirates national railway network operator Etihad Rail approved a USD 1.25 billion deal tasking a joint venture formed by Chinese and local companies with construction.
Exports from Brazil to the region were up nearly 40% year-to-date through November, with sales to the biggest markets increasing.
The Brazilian congressman also traveled to the United Arab Emirates. Brazil’s president Jair Bolsonaro is expected to travel to Kuwait in January.
Oil revenues and the profits of public joint-stock companies accounted for much more in the country’s budget last year, but tax revenue, including VAT helped guarantee a budget surplus of 2.2%.
The Arab Brazilian Chamber and defense industry association Abimde are hosting a seminar next Tuesday (10) in São Paulo to discuss, with companies and other entities, how to take advantage of the doors that have been opened by the president’s trip to Arab countries in October.
The facility will be launched by state governor João Doria during a business mission which he will lead to the United Arab Emirates in February 2020. In the second half, he intends to go to Qatar.
Celebration of the national day took place at Tivoli Mofarrej hotel in São Paulo. Governor João Doria said that he’ll open an office of the state in Dubai in February.
GDP growth was driven by a 6.2% rise in the logistics sector. Foreign trade also had an impact.
TiX Tecnologia Assistiva was awarded as the world’s most promising startup in the ‘supernova’ category of the Gitex Future Starts program in the UAE.
