The unit will be located in the city of Jeddah, with a food processing capacity of 40,000 tons per year. Operations are slated to begin in 2026.
Browsing: investment
The Ministry of Commerce, Industry and Investment Promotion presented economic data for 2024, including commercial registrations and foreign direct investment, both of which rose.
In a meeting at the Arab-Brazilian Chamber of Commerce, the Kuwaiti ambassador in Brasília, Talal Rashed Almansour, discussed with the institution’s executives the next steps of an agenda to promote trade and investment.
The mayor of Fortaleza, Evandro Leitão, met in Abu Dhabi with Muhammad Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD).
The city’s Secretary of Economic Development, Carlos Andrade Lima, met with the Arab-Brazilian Chamber on Thursday (20) to present Recife as an investment destination. The goal is to establish a partnership with the institution to attract Arab capital.
A report released by the International Monetary Fund on Tuesday (11) presents a projection of growth for the economy of the Arab country, mainly based on public investments, strong tourism, and the increase in natural gas production.
The Brazilian state-run oil firm has approved a business plan for 2025-2029, with projected investments of USD 77 billion in exploration and production, USD 20 billion in refining, transportation, and marketing, and USD 11 billion in gas and low-carbon energy.
A delegation from Ladayn Polymer Park is currently in São Paulo to present benefits to businesses in Brazil and invite them to manufacture plastic products out of Oman using local raw materials. The delegates were welcomed at the Arab Chamber this Monday (18).
BRF Arabia Holding Company has purchased a stake in a Saudi chicken processor for USD 84.3 million. The company says it is establishing itself as a partner in the Arab country’s food security.
Oman’s ambassador to Brasília, Talal Al-Rahbi, celebrates the 50th anniversary of diplomatic ties between his country and Brazil, with prospects of more mutual investments and cultural and political partnerships.
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.
Executives from the Kuwait Foreign Petroleum Exploration Company met this week in Brazil with industry giants such as Petrobras, Chevron, and Shell.
The flowers are grown in the Taif province. Rose farms are primarily located in the Sarawat Mountains and yield around 550 million yearly.
‘Innovative solutions for agribusiness, such as irrigation and seed improvement, are likely to interest Arabs,’ explained an Arab Brazilian Chamber analyst at Show Rural Coopavel 2023.
