Brazil’s Minister of Environment participated in event in Berlin with the presidents of COP28 and COP29, and climate officials. How to fast-track the enforcement of the Paris Agreement was part of the discussions.
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Brazilian tech clothing brand has already exported to the United Arab Emirates, Morocco, and Saudi Arabia, and plans on reaching more markets in the region. Quick-drying, sweat-absorbing and temperature-regulating apparel are designed for hotter countries.
Non-oil foreign trade through the emirate grew during 2023 compared to 2022.
Following 15 years in Kuwait, a local partner is expanding his operation in the Arab world. A second branch store will open in the UAE later this year.
Abu Dhabi-headquartered defense firm EDGE Group has investments in the Latin American country as well as partnerships with its government’s agencies.
Revenue from the industry in February also posted a decline compared to the same period a year earlier, ABIMAQ reported. Benchmark interest rate is still high, the industry says.
An investment of USD 500 million was committed towards a terminal for grains and fertilizers. Construction is expected to span 30 months, pending government approvals.
Arab-Brazilian Chamber of Commerce President Osmar Chohfi is part of the business delegation that have appointments in Saudi Arabia and the United Arab Emirates from March 3 to 8. Mission is focused on investments and business opportunities.
The resurgence of tourism and the hosting of conferences towards the end of the year bolstered the growth. Passenger traffic is projected to reach 140 million by 2024.
Director-General Ngozi Okonjo-Iweala said the two countries put in a “hard work” and implemented beneficial but challenging reforms.
This was one of the topics of the foreign ministers’ meeting in Rio de Janeiro that also discussed the situation in Gaza, energy transition, and the fight against hunger.
The promotion and positioning initiative of the country as a supplier of halal goods bets on local dishes to showcase the Brazilian halal expertise to visitors at Gulfood.
Initiative held by the Brazil Africa Institute will be launched on February 17 and aims to welcome 1,000 young people from the continent for technical training.
Exports to the two countries increased in January compared to the same month last year, while overall shipments declined, according to industry lobby ABPA.
