Exports from Brazil to the region were up nearly 40% year-to-date through November, with sales to the biggest markets increasing.
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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.
The United Arab Emirates was one of the drivers of Brazilian foreign sales of beef year-to-date through October.
On the back of Expo 2020, the Arab country could see its fastest non-oil growth since 2016. Sustaining it after the expo is a key priority, says IMF.
The 2.6-meter-high dancing character has performed in Riyadh and Jeddah, Saudi Arabia, as well as Dubai, UAE.
The deal was entered into during president Jair Bolsonaro’s trip to Doha. Food security and soccer were also on the agenda.
Jair Bolsonaro of Brazil mentioned opportunities in infrastructure that can be advantageous to both sides. He joined a business seminar in Abu Dhabi.
The Brazilian state-run oil company’s Institutional Relations director Roberto Ardenghy, who joined a seminar concurrent with president Jair Bolsonaro’s trip to the UAE, also said the company is looking for partners to bid in tenders with.
