The Arab Brazilian Chamber of Commerce (ABCC) and the Khalifa Industrial Zone Abu Dhabi (KIZAD) has collaboratively hosted a webinar recently to discuss the changing dynamics of business in a post-COVID-19 world and the opportunities available to Brazilian companies seeking to establish their base of operations in the UAE and Middle East.

The online webinar proves to be both timely and strategic as there are now over 10,000 Brazilians living and working in the UAE, as the country has become a natural home away from home for Brazilian companies looking to establish a base of operations and create a presence in the region. In addition, bilateral trade between the two countries is now worth over USD 3 billion and is expected to increase due to the vibrant and strong relations enjoyed by both the UAE and Brazil.

The webinar featured key discussions on driving economic diversification, new opportunities for Brazilian businesses in the Middle East and the UAE and Brazilian and UAE bilateral business and trade.

Rubens Hannun, President, Arab Brazilian Chamber of Commerce, "Hosting the webinar with KIZAD, one of the most highly preferred cost-efficient locations for businesses to service a potential audience of around 4.5 billion consumers, gave us the chance to explore the many opportunities for Brazilian businesses in terms of inbound and outbound investments. The huge amount of confidence placed by Brazilian businesses in the UAE demonstrates the country's leading reputation as an exporting hub--buying and reselling many products to other countries and has now become Brazil's third largest buyer among Arab countries."

The business-friendly policies adopted by the Abu Dhabi government has helped position the emirate and the country as a hub for global growth sectors in the GCC region. These sectors include polymers and plastics related industries, structural steel fabrication, primary aluminum production, as well as continuous growing construction industry and a thriving automotive sector serving not only the UAE but the larger MENA region.

-Ends-

For further information, please contact:
Orient Planet Group (OPG)
Tel:  +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.