Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Portugal seeks to expand relations with KSA  Join our daily free Newsletter

MENAFN - Arab News - 24/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Portugal seeks to expand trade and investment ties with the Kingdom, the new ambassador said here recently.
Manuel Carvalho visited Arab News office in Riyadh to gain more insight into issues in Saudi Arabia and to promote his country's businesses.
A high-profile 53-member business delegation led by Portugal's Minister of Health Paulo Moita de Maceda visited Saudi Arabia in April this year and signed several health and economic agreements. During the visit, the minister said Portugal's exports to the Kingdom increased 43 percent.
Carvalho said there are several Arabic terms used in the Portuguese language including "qamees" or shirt. He said Portuguese is the fifth most spoken language in the world and the number one language in the southern hemisphere. There are 250 million Portuguese speakers around the world, he said.
He said Portugal is a member of the European Union with few tariff barriers and allows the free movement of labor and capital. He said the country recently moved out of recession and its gross domestic product now stands at 1.1 percent.
It has competitive operational costs in the European context, high quality logistics, road, airport and seaport infrastructure, and an excellent telecommunications network. He said office and industrial space is widely available across the country.

He said Portugal also ranks highly in terms of European standards for the availability and sophistication of public services in Europe. Ninety percent of its services and companies are online, he said.
Quoting statistics from the World Economic Forum, he said Portugal is ranked the 25th top tourism destination in the world and has 20th position in the Travel and Tourism Competitiveness Report.
The country received 14 million guests in 2012 from various countries including the United Kingdom, Germany, Spain, France, Brazil, the United States and Saudi Arabia.
On visa issues, the country recently approved a residence permit program in Portugal, with full access to European countries in the Schengen area, for non-EU citizens who invest in the Portuguese financial and real estate market, and those who create jobs with industrial activity.
Despite Europe's recession, Portugal's exports grew by 5.8 percent last year, and by 19.8 percent to non-EU countries. "The numbers are impressive and clearly show what we have done in the last two years," he said.

 


Arab News




  MENA News Headlines
 Jul 27 2016 - Kuwait delivers profitable haven for financial institutesMENAFN
(MENAFN) Kuwait came in first place in drawing branches of Gulf commercial banks with eight branches, followed by the UAE and Saudi Arabia, with six branches each, which indicate its top-notch ...

 Jul 27 2016 - Saudi lays groundwork for clean energy's roadmapMENAFN
(MENAFN) Saudi Arabia has shown a serious commitment to handle with the climate change by applying and seeing through a group of mitigation and adaptation measures.Accordingly, the country seems to ...

 Jul 27 2016 - Qatar, Indonesia to form an alliance in gas searchMENAFN
(MENAFN) Indonesia is seeking partnership with Qatari top firms such as Qatar Petroleum or RasGas for gas exploration on its land, based on recent reports.Indonesia already sees and realizes the ...

 Jul 27 2016 - Emirates Flight Training Academy signs agreement with Boeing for pilot training systemEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 27th July, 2016 (WAM) -- The Emirates Flight Training Academy, the new world class flight training facility developed by Emirates airline to respond ...

 Jul 27 2016 - ERC opens health clinic in Hadhramaut Governorate of YemenEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) HADHRAMAUT, 27th July, 2016 (WAM) -- The Emirates Red Crescent, ERC, has opened a health centre in the Shihr District of the Hadhramaut Governorate of ...

 Jul 27 2016 - Dubai Islamic Bank Group H1 2016 financial results: net profit up by 11%Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 27th July, 2016 (WAM) -- Dubai Islamic Bank, DIB, the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, today ...

 Jul 27 2016 - UAE Ambassador meets UN Special Representative to SomaliaEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) MOGADISHU, 27th July, 2016 (WAM) -- Mohammed Ahmed Othman Al Hammadi, UAE Ambassador to the Republic of Somalia, has met with Michael Keating, the United ...

 Jul 27 2016 - KFH shareholders net profit KD 70.9 mln in H1Arab Times
(MENAFN - Arab Times) Hamad Abdulmohsen Al-Marzooq KUWAIT CITY, July 26: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, realized a net ...

 Jul 27 2016 - Kuwait- Expat Polish woman in immoral activitiesArab Times
(MENAFN - Arab Times) KUWAIT CITY, July 26: Criminal Investigation Department officers arrested a Polish woman for engaging in immoral activities. In a statement to the press, the Public Relations ...

 Jul 27 2016 - 'IS' kills priest in French churchArab Times
(MENAFN - Arab Times) This picture obtained on the website of the Saint-Etienne-du-Rouvray parish on July 26, shows late priest Jacques Hamel celebrating a mass on June 11, 2016 in the church of ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help