Arab Brazilian Chamber to attend conferences in Egypt

17 de maio de 2016

São Paulo – The Arab Brazilian Chamber of Commerce is attending two business conferences in Egypt late this month and early next month. May 28th and 29th will see the Egypt Investment Forum in Cairo, Egypt, where existing projects in the country will be made public, as well as rules for investment and networking among potential partners. “They will advertise investment opportunities in Egypt,” said Arab Chamber CEO Michel Alaby.

Alaby will be at the event alongside the Chamber’s government relations manager Tamer Mansour. The forum is held by the General Union of Arab Chambers of Commerce, Industry and Agriculture, by the Egyptian ministries of Investment and Industry & Trade, the Federation of Egyptian Chambers of Commerce and the Al-Iktissad Wal-Aamal Group.

According to information from the organizers, the meeting will be attended by ministers, delegates from sector organizations, businesses and banks, and assorted economic players. The agenda includes investment in logistics and transportation, agriculture and food, information and communication technology, tourism and real estate, energy and alternative energy, general industries and financial institutions that provide backing to small and medium businesses.

The 3rd Arab Forum on Renewable Energy and Energy Efficiency will take place in Cairo on June 1st and 2nd. The goal is to encourage the use of renewable sources throughout the Middle East and North Africa. The forum will bring together government officials, the private sector and international organizations.

Energy is a key industry across the region, which is a major oil and gas producer, and the conference comes amid the oil price slump. However, plentiful sunshine also makes the region prone to the exploration of renewable sources, and some Arab countries are investing heavily in those.

The event is hosted by the Arab League, the Egyptian government, the United Nations Economic and Social Commission for West Asia (ESCWA) and other multilateral organizations.

Both conferences are open to international enterprises (view quick facts at the bottom of this story).

Also in Cairo, Alaby will sit in a meeting of CEOs from joint Arab/foreign chambers of commerce. The meetings are held on an annual basis for the organizations to exchange experiences and build a shared agenda.

Bilateral trade

Alaby and Mansour will also attend a meeting at the General Organization for Export and Import Control (Goeic) to discuss topics that are of interest to Brazilian exporters. One is the Decree 42, from 2016, issued by the Egyptian Ministry of Trade and Industry, mandating that companies that sell to Egypt must register with the local government.

Egypt is one of Brazil’s leading trade partners in Africa and the Arab world. Brazilian exports to Egypt reached USD 643 million from January through April, up 26% from Jan-Apr 2015, according to the Brazilian federal government’s Foreign Trade Secretariat (Secex).

The top-selling items shipped from Brazil to Egypt in Jan-Apr 2016 were beef, maize, poultry and iron ore.

Find out more about the conferences

At the Arab Brazilian Chamber
C/O Tamer Mansour
Phone: (+55 11) 3147-4030

Or on the events’ websites (in English)

Egypt Investment Forum

Arab Forum for Renewable Energy and Energy Efficiency

*Translated by Gabriel Pomerancblum