Under the patronage of His Excellency the Minister of Investment, Eng. Khalid Al-Falihand Brazil’s Vice-President Geraldo Alckmin, AHAD Business Services Company and the Brazilian-Saudi Center for Investment, Commerce and Industry signed a memorandum of understanding after the Brazilian-Saudi Investment Forum, which was held on Monday, July 31st, 2023, in the Republic of Brazil. A delegation from the Kingdom participated in the forum under the umbrella of Invest in Saudi Initiative. The memorandum of understanding aims to support in establishing the Brazilian companies that wish to invest in the Kingdom of Saudi Arabia and provide all administrative and business services and capabilities necessary to start the investment journey at a high level of ability and efficiency.

The MoU signing ceremony took place in São Paulo, Brazil, where the Director of Business Development of AHAD, Mr. Abdullah Al-Naeem, and the CEO and Vice President of the Brazilian-Saudi Center, Mr. Marcus Urata, signed the memorandum.

Furthermore, AHAD aims to provide its local and international partners in public and private sectors with the best consultingservices, joint professional services, administrative and operational business support services, tools, and tech enablers, in a reliable and sustainable manner. Ultimately, this allows them to achieve the set targets according to the best professional practices.

It is to be noted that the Centro de Investimentos, Comércioe Indústriado Brazil e da Arabia Saadia "CICIBAS", It is a direct bridge of business and investments and trading between both countries.