Browsing: UAE

According to Brazil’s Foreign Affairs Ministry, negotiations with the UAE for a free trade agreement have been ongoing regularly since they were launched and were addressed at the Mercosur foreign ministers’ meeting in Montevideo within the broader context of the bloc’s extra-regional agenda.

Market Securities, a global wholesale broker with a branch office in Dubai, is structuring funds to facilitate investments from Arabs in Brazil’s agribusiness sector and from Brazilians in the UAE’s real estate sector. A Brazilian executive is leading its Special Projects division.

André Brizolla and Daniel Santos established Fratelli Al Tawasul, a division in the company they fist founded in 2023, to mediate business between Arab perfume companies and Brazilian distributors. Already partnered with UAE-based Ahmed Al Maghribi Perfumes, they are negotiating with three other brands.

Brazilian micro and small businesses are growing as exporters and bringing positive results to the country by selling higher-value products and boosting the economy. Aidu, with its food-grade aerosol, and Açaí Town are two successful ventures in the international market.

Bahrain’s imports increased in July, and so did re-exports, in which a country exports goods that were previously imported. Top re-exports were private cars, gold ingots, and smartphones, according to a non-oil trade report.

The Middle East country stepped up its purchases of the Brazilian product by 118.6% in July, while two other Arab destinations, Saudi Arabia and the UAE decreased their imports. Despite the Newcastle disease case detected in southernmost state Rio Grande do Sul, overall exports climbed last month.

The Arab-Brazilian Chamber of Commerce paid the fee for companies from Rio Grande do Sul that were registered to participate in the B2B meetings with importers from Muslim-majority countries before the climate tragedy the state went through. The goal was to create business opportunities and help reinvigorate the economy.

The United Arab Emirates is one of the destinations where the Brazilian Dental Council plans on taking Brazilian professionals via its internationalization project. Chairman sees room for catering to the foreign community living in the Arab country.

Minas Gerais, Rio Grande do Sul, Paraná, and Goiás are major exporters of halal foods. At an event with buyers from Muslim-majority countries, state and industry association representatives say they plan on boosting trade with Muslims and mention a business mission.