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ANBA Bulletin, October 27, 2022 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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A Brazilian at a UAE-based date firm
This Thursday (27) in your ANBA Bulletin: Brazil’s Rafael Gonçalvez is the CEO of Al Foah, a date firm based in the United Arab Emirates. Following a successful career in the financial market, he has lived in the UAE for four years and worked at two Arab companies. Brazilian food processor BRF will form a joint venture with Halal Products Development Company in a bid to develop the halal industry. The company is a subsidiary of Saudi Arabia’s Public Investment Fund. And Qatar’s economy growth will be fueled by the FIFA World Cup and natural gas prices. The country’s gross domestic product (GDP) growth is pegged at 4.3% this year. |
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Two Brazilians earned podium spots at the GKA Freestyle-Kitesurfing World Cup, which took place in Neom, Saudi Arabia. Manoel Soares became the world champion in the men’s category. In the women’s, Brazilian Mikaili Sol clinched the silver medal. The event started on October 19 and ended on Sunday (23).
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A group of 52 Brazilian companies will exhibit at a beauty show in Dubai, in the United Arab Emirates, starting Monday (31). They will participate in Beautyworld Middle East 2022 with Beautycare Brazil, a project for the internationalization of the personal care, perfumery, cosmetics, and related sectors by the Brazilian Toiletry, Perfume, and Cosmetics Industry Association (ABIHPEC) and the Brazilian Trade and Investment Promotion Agency (ApexBrasil).
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Qatar’s Gross Domestic Product (GDP) is expected to grow by 4.3% this year compared to 2021. Data was released in a study by the Brazilian Trade and Investment Promotion Agency (ApexBrasil) released this Tuesday (25).
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The Egyptian Economic Conference, held by the country’s government this week, closed with a series of guidelines grouped into a roadmap for advancing the Egyptian economy. The document covers several main axes, including support for industry and exports, the role of the private sector, priority economic sectors, and fiscal and monetary policies.
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Egypt’s Foreign minister Sameh Shoukry called for pulling the United Nations Climate Change Conference, COP27, out of the ongoing context of “strong political and economic polarization and the dynamics of politicization and contestation.” He articulated the importance of the event in an interview with state news agency WAM in Cairo.
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Brazilian medical device companies participated in a mission to Egypt and returned with expectations of generating USD 825,000 in business in the next 12 months. From October 16 to 19, five companies in the medical, hospital, and dentistry sectors participated in a business trip to the Arab country promoted by Brazilian Health Devices, a sector project of the Brazilian Medical Devices Manufacturers Association (ABIMO) in partnership with the Brazilian Trade and Investment Promotion Agency (ApexBrasil).
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The government of Somalia launched on Wednesday (26) the National Electricity Recovery Project with the World Bank financial and technical support. State news agency Sonna reported this is the country’s first energy infrastructure investment program.
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The Brazilian Association of Food Equipment, Ingredients and Accessories Industries (Abiepan) and Brazilian Trade and Investment Promotion Agency (ApexBrasil) held on Tuesday (25) a warm-up event for companies that will participate in food and beverage processing and packaging trade show Gulfood Manufacturing, to take place from November 8 to 10 in Dubai.
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Last year, Tunisian startups achieved a turnover of TND 120 million (about USD 36.8 million at the current rate), a 67% increase over the previous year. Data are part of the 3rd Annual Report Startup Tunisia by Smart Capital, the company implementing a national program for startups in the Arab country.
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Businessman Rafael Gonçalvez is the first Brazilian CEO of the United Arab Emirates-based Al Foah, the world’s largest date company. The executive holds a degree in Mechanical Engineering from the University of São Paulo (USP) and was offered the position following a successful career in multinational companies and large firms in the UAE.
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Brazilian food processor BRF said on Monday (24) it has agreed to form a joint venture with Saudi Arabia’s Halal Products Development Company (HPDC) in a bid to develop the halal meat industry in the Middle East country. HPDC is a subsidiary of the Public Investment Fund (PIF) that aims to support the development of the halal industry in Saudi Arabia by fostering innovation and driving growth across the halal ecosystem.
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