Latin American firms turn to Dubai for investment

Between 2016 and 2021 the Gulf Co-operation Council countries invested $4 billion in LatAm countries, 77% of which was sourced from the United Arab Emirates, a report sponsored by the Dubai Chamber of Commerce stated. The report, entitled Cultivating Ties: Deepening trade and investment between Latin America and the GCC, was issued ahead of the Global Business Forum Latin America 2022, which takes place March 23rd-24th, at Expo 2020 Dubai’s Dubai Exhibition Centre. The whitepaper examines the evolving trade and investment relationship between LatAm and the Gulf Co-operation Council (GCC) countries and identifies key areas of opportunity where the GCC can be a destination for LatAm products, a supplier for industries, an investor for growing operations, and a knowledge partner […]

Related

Nature’s Currency: How Biodiversity Credits are Reshaping Conservation

By Victoria Galeano* Imagine sipping your morning coffee in a...

“Latin America, the vision of its leaders” A book by Andrés Rugeles and 100 regional leaders

The Colombian Andrés Rugeles has achieved an almost impossible...

Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]