RIYADH: A new report by the Arab-Brazilian Chamber of Commerce (ABCC) revealed several opportunities for Saudi investors looking to break into the Brazilian market by investing in key sectors.
The report identified four core industries that the Kingdom had previously invested in: Rubber and plastic manufacturing, food storage and other transport activities, chemical and machinery manufacturing, and vehicle manufacturing.
Rachel Andalaft, CEO of research and consultancy firm Mangifera Analytics, told Arab News that Saudi Arabia has traditionally seen Brazil as a “possible gateway to the rest of Latin America.”
“Brazil’s increased opportunities have opened the door for Saudi Arabians to invest in diverse Brazilian markets not only in ongoing food markets but also oil and gas,” she said.
Saudi PIF transfers stakes in food, farm cos to SALIC zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabia in second place for adopting and integrating CSR practices in MENA region
The survey found that there is a reasonable level of CSR awareness as well as a moderately positive attitude towards the concept in Saudi Arabia, with results finding 41 percent of respondents familiar with CSR
Updated 22 March 2021
March 22, 2021 00:20
JEDDAH: A new study has shown that Saudi Arabia has emerged as a leading country in adopting and integrating corporate social responsibility (CSR) practices.
Cicero & Bernay Public Relations, a major regional communications agency in partnership with YouGov, an international research and data analytics group, published the first regional CSR survey report, ranking the Kingdom second in adoption and integration of CSR in businesses. Egypt topped the list.
Arora Akanksha wants to prioritize funding to ensure all refugees provided with required humanitarian assistance to survive
Updated 04 April 2021
April 04, 2021 00:52
MAKKAH: Arora Akanksha, an audit coordinator at the UN Development Project, faces a tough challenge as the first female millennial candidate running for the role of UN secretary-general.
For years, the selection process at the UN has been a closed-door process; candidates are appointed by the UN General Assembly on the recommendation of the UN Security Council. Every five years, selected candidates must receive nine of 15 council votes with no veto, and then receive two-thirds of the votes from the 193 member states in the assembly.