Emirates-Latin America

UAE Port Operator Begins Ops in Brazil

by admin December 5, 2011

UAE based logistics company Gulftainer is making its first foray into Latin America with a contract to undertake port operations in Recife Port in Brazil. Operations are set to begin in the second half of this month with an initial investment of $25 million in capital equipment. Gulftainer, which handles containers in Khorfakkan and Port Khalid [...]

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Latin America India Investors Forum

by admin November 16, 2011

LatinFinance* reports that “investment and trade between India and Latin America increased to US$23bn in 2010 from $2.1bn in 2000. It is projected to reach $30bn by 2012 illustrating that the relationship between the two regions is growing deeper and becoming strategically important to the global economy.” The Latin America India Investors Forum, November 17 [...]

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Islamic and Emerging Markets Expected to be Trade Leaders

by admin October 31, 2011

Islamic and emerging markets are the places to be in coming years, according to Romy Buchari, a senior executive with HSBC’s Islamic banking section. HSBC’s recent forecast indicates that the UAE, Malaysia and Indonesia will emerge as major players as global trade volumes jump 73% to $40 trillion in the next 15 years. Muslim countries [...]

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Middle East Air Passenger Demand Grows

by admin October 31, 2011

  Airline passenger demand is picking up in the Middle East, with growth pegged at 9.1 percent in September. Passenger growth surpassed the global average of 5.6 percent over the same month last  year, but lagged behind growth in Latin America and Europe. That said, freight volumes had dipped significantly in the third quarter, five [...]

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Continued Growth Seen (and Predicted) in Trade

by admin October 24, 2011

Business in the UAE is picking up, according to recent reports. Foreign, non-oil trade increased 22% in the first half of 2011, as compared with the same period last year. Figures released by the Federal Customs Authority the UAE’s non-oil foreign trade increased by AED 80.7 billion to AED 445 billion. According to the figures, [...]

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Qatar Trade with Latin America and Emerging Markets To Dominate Trade

by admin October 12, 2011

Qatar’s trade volume is expected to grow more than twice as fast as the world average in the next 15 years, according to a study by HSBC. Thanks to deals in Latin America, Asia and MENA the rate of growth is expected to rise to 160% compared with the world average of 73%. Qatar now [...]

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Latin American – MENA Trade Surges

by admin September 28, 2011

Trade between Latin America and MENA states is surging despite disruptions caused by the Arab Spring, according to the Financial Times. The trade is focused primarily on commodities at this point with Sovereign wealth funds playing a prominent role. Qatar and Abu Dhabi have been the most active in Latin America, and Brazil’s exports to [...]

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Explosive Games Growth in MENA, Emerging Markets

by admin September 27, 2011

Social games are exploding across emerging markets, a phenomenon that mirrors the rapid expansion of social media sites in the Middle East and Latin America. Today Peak Games announced that it had raised an additional $(US)11.5 million funding round to further solidify its position as a gaming powerhouse in emerging markets. A core element of [...]

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GCC Investors Urged to Diversify into Brazil

by admin September 26, 2011

At a conference held in DIFC CEO Raul Silva of Dubai-based United Investment Bank urged GCC investors to diversify into Brazil. Silva commented, ‘Brazil is set to become the world’s fifth largest consumer market in the next decade. When you witness the rising purchasing power of the lower and middle classes in the largest country [...]

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The UAE and Latin America: An Investment Partnership on the Rise

by admin September 23, 2011

by Arti Sangar Partner, DiazReus, Dubai Resource-rich Latin America has enormous investment opportunities which have been untapped by the United Arab Emirates (UAE). At the same time, the governments of Latin American countries such as Argentina, Brazil, Chile, Colombia, Mexico and Venezuela are opening their doors to Middle East investment. The UAE’s strong economy with [...]

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