Dubai, United Arab Emirates: INDEX Trading & Investment (ITI), a member of INDEX Holding, signed a cooperation agreement this Wednesday with Granito & Partners, at the headquarters of INDEX Holding in the city of Dubai.
The agreement was signed by Mr. Paul Wilson, Executive Director of Planning, Business Development & International Relations at INDEX Holding, acting in place of Eng. Anas Al Madani, Vice Chairman & Group CEO of INDEX Holding and Mr. Rodrigo Tavares, CEO of Granito & Partners. The agreement aims to procure and pursue prospective business opportunities that generate positive impact to the society and the environment within Brazil and the United Arab Emirates; in addition to other regions where the opportunity may arise for collaboration.
Through this agreement, INDEX Trading & Investment will introduce sustainable businesses to the MENA region. A recent global survey conducted by Nielson states that 55 percent of global online consumers across 60 countries say they are willing to pay more for products and services provided by companies that are committed to positive social and environmental impact. The approach that explicitly acknowledges the relevance of incorporating environmental, social and governance (ESG) factors into business operations and products has gained ground in recent years, mostly due to its sound performance.
Sustainable investment concentrates on the importance of investing in environmental and social factors to protect the environment and achieve economic growth without harm to the environment or surrounding communities; through reliance on cleaner production strategies and employing advanced technology that is eco-friendly.
Eng. Anas Al Madani added: "This agreement also aims to open business and trade opportunities between the two countries that witness a constant increase in foreign trade volume. As according to the Dubai Chamber of Commerce and Industry (DCCI), the foreign trade volume between the UAE and Brazil crossed 12 billion dirhams in 2013, and the figure is poised to reach $ 14 billion by the end of 2015."
From his side, Mr. Rodrigo Tavares, Founder and CEO of Granito & Partners said: "This comprehensive and ambitious agreement between Granito & Partners and INDEX Trading & Investment will not only strengthen business ties between Brazil and the UAE, but it will also create unique opportunities for companies, services and products that generate positive impact to society and/or the environment - regardless of their country of origin - to be properly represented and distributed in the Middle East and North Africa regions."
INDEX Trading & Investment (ITI) commenced its operations in 1983. ITI provides exclusive partnerships, which allow their partners to make strategic and profitable investment in specific sectors, as well as bring business opportunities and returns to their partners.
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