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 […]