Over the millennia, frankincense has been a symbol of Arab countries like Oman and an economic mainstay of farmers in Somalia and Sudan. The sap is the raw material of incense, but its trees are endangered due to the overexploitation.
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The port received smart cranes to transfer containers from ships to docks. This was the second phase of the modernization work, 86% completed.
Plant milk is an untapped sector in the Arab region, says businesswoman Maria Eduarda Becker, who owns a specialty coffee brand in Dubai. The market is expected to reach the value of USD 123.20 billion by 2029, a survey says.
The potential for a more strategic relationship is significant, emphasized Khaled Hanafy, secretary-general of the Union of Arab Chambers at the Economic Forum Brazil & Arab Countries. In a , executives from the Chambers of Oman, Bahrain, and Jordan spoke on the future of this connection.
An IMF report points out that the Arab country is seeing an economic recovery due to policy actions to mitigate the impact of the pandemic and households, as well as increased hydrocarbon prices.
The Gulf country will hold the event from March 13 to 17. It aims to unite entrepreneurs and institutions to present Oman as a new role model of sustainable development.
The Arab country purchased 59% of exports from Brazil year to date through November. Qatar, Oman and Saudi Arabia also stood out.
The country s planting date palms, invests in solar power, conducts new real estate and tourism projects, and recently issued treasury bonds. Today, November 18, is the National Date of Oman; learn more about the developing economic endeavors of this Arab country in the Gulf.
The Arab Brazilian Chamber of Commerce president, Osmar Chohfi, visited the Oman Chamber of Commerce and Industry and met with the country’s undersecretary for Trade and Investment, Hasila Al-Samsamia.
Brazil’s Ministries of Economy and Foreign Affairs have reported that the Gulf Cooperation Council has concluded a safeguard investigation on imports of steel products and will not impose measures against Brazil.
Representatives of the Oman Chamber and Arab Brazilian Chamber met this Wednesday (30) in a videoconference. Among the subjects were the diversification of trade, increased investments, and carrying out business missions between the countries.
The Gross Domestic Product of non-oil activities grew 5.7% in the first quarter of 2021. In the same period, total GDP fell.
Companies must clear the way for women in all levels, said Claudia Massei, CEO of Siemens Oman, during webinar hosted by LIDE Mulher and ed by the Arab Brazilian Chamber’s women’s committee.
In 2020, a year that saw the demand for natural, healthy foods increase, the Brazilian Association of Honey Exporters reported a 52% increase in exports.
