With the aim of further reinforcing the strong bilateral relations between the UAE and Brazil, the Brazilian Business Council of Dubai has been established with the support of the Embassy of Brazil to the UAE and the Dubai Chamber of Commerce and Industry. The organisation, much like its well-established counterpart, the Arab-Brazilian Chamber of Commerce, ABCC, is incorporated to offer Brazilian companies a platform from which to network with each other and work closely to bolster their presence in the country.
Leading Brazilian businesses in Dubai have been invited to join the Brazilian Business Council of Dubai. It will help Brazilian corporations to enhance their communication and negotiation skills to boost their services. State-owned Banco do Brasil, the largest Brazilian and Latin American bank by assets, is among the organisations that have become members of the association. Itau Private Bank, the largest private bank in Latin America, is in the process of joining, while plans are underway to offer membership to other companies, including BRF, Magnesita, JBS, Mafrig and WEG.
"Brazil and the UAE enjoy extremely cordial business relations which have continued to flourish over the years with approximately 45 Brazilian companies operating in Dubai. With the increasing presence of Brazilian companies in the emirate, there was a need for organisations such as the Brazilian Business Council of Dubai to offer assistance to them in expanding their horizons in Dubai and the region. We congratulate them for establishing the Brazilian Business Council of Dubai and reiterate our complete support for it. We are confident it will work to enhance relations between the Brazilian business community within Dubai, as well as facilitate networking opportunities with local establishments," said Dr. Michel Alaby, Secretary-General and CEO of the Arab Brazilian Chamber of Commerce.