UAE Port Operator Begins Ops in Brazil

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 […]

Islamic and Emerging Markets Expected to be Trade Leaders

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 […]

Latin American – MENA Trade Surges

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 […]

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

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 […]