Infor Positioned as a Leader in the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises

 

Infor evaluated on its industry-specific CloudSuite solutions

 

NEW YORK and DUBAI, Aug. 31, 2021 – Infor, the industry cloud company, today announced that Gartner® Inc. has positioned Infor as a Leader in the 2021 Gartner Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises.  

 

Infor’s position as one of the Leaders in this Gartner Magic Quadrant was based on Gartner’s evaluation of Infor’s industry-specific CloudSuite solutions, which are powered by its LN, M3, and SyteLine ERP platforms.

 

To download a complimentary copy of the 2021 Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises, published Aug. 24, click here.

 

“Infor is proud to be recognized as a Leader in this Gartner Magic Quadrant,” said Soma Somasundaram, Infor Chief Technology Officer and President of Products. “We believe Infor differentiates itself in the market with our industry-specific, multi-tenant cloud ERP solutions (CloudSuites), which are built with a high degree of API-centricity and data-centricity.

 

“These solutions are smart, preconfigured and modern, so we can help customers grow and digitally transform their businesses, recognize faster time-to-value, and continue to  innovate,” he noted. “Customers can take advantage of the fact that our platform is flexible and extensible, includes built-in industry standard practices, and is designed to be easy to use.”

 

In its 2021 Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Gartner notes that, “The ERP for product-centric enterprises market is accelerating its transition to cloud deployment models. ERP application leaders should use this Magic Quadrant to evaluate cloud ERP application suites as part of a composable ERP strategy.”

 

According to the Gartner report, “By 2023, organizations that have successfully renovated their ERP platforms will achieve at least a 40% improvement in IT agility to deliver business outcomes.”

 

In addition, the report stated, “By 2023, 60% of product-centric enterprises will utilize standardized ERP capabilities on a composable ERP platform.”

 

Gartner also wrote in the report that, “By 2024, 60% of enterprise SaaS applications will be composed from packaged business capabilities that provide data, analytical insight and operational application services.”

 

Amel Gardner, vice president and general manager, Infor Middle East and Africa, said: “We believe being recognized as a leader in the Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises demonstrates the advantages of Infor’s industry-specific, multi-tenant cloud ERP solutions. We believe it also reflects what we see in the field in the Middle East, where our ERP solutions are helping customers across diverse industries digitally transform, boost efficiency and innovation, and gain a competitive advantage. We look forward to continuing to work with public and private organizations across the region to help fulfil their transformation goals.”

 

Infor CloudSuite solutions are industry-specific and are delivered as cloud services on Amazon Web Services’ (AWS’) secured and scalable infrastructure. Infor CloudSuites utilize Infor’s leading technology platform, Infor OS, to power next-generation user experiences, integration and workflows – which can help increase 

productivity and collaboration. 

جارتنر تصنّف إنفور كشركة رائدة في الحلول السحابية الخاصة بتخطيط موارد المؤسسات المرتكزة على المنتجات

جارتنر: المؤسسات التي نجحت في إعادة بناء منصاتها الخاصة بتخطيط موارد المؤسسات سوف تحقق تحسناً بنسبة 40% على الأقل في مرونة التكنولوجيا

 

دبي، الإمارات العربية المتحدة، 31 أغسطس 2021: أعلنت إنفور، الشركة الرائدة في الحلول السحابية للأعمال المتخصصة، اليوم عن تصنيفها ضمن فئة الريادة في تقرير جارتنر كوادرانت لعام 2021 للحلول السحابية الخاصة بتخطيط موارد المؤسسات المرتكزة على المنتجات. وتم تصنيف إنفور كشركة رائدة ضمن تقرير جارتنر كوادرانت بالاعتماد على تقييم شركة جارتنر لحزمة حلول الأعمال المتخصصة من إنفور، والتي يتم دعمها بمنصات تخطيط موارد المؤسسات LN و M3 و SyteLine المقدمة من إنفور.

 

وفي هذا السياق قال سوما سوندارام، مدير تكنولوجيا المعلومات ورئيس قسم المنتجات لدى إنفور: "يسر شركة إنفور تصنيفها ضمن فئة الريادة في تقرير ماجيك كوادرانت، وما يميز الشركة عن المنافسين هو مجموعة الحلول السحابية للأعمال المتخصصة التي تغطي قطاع عريض من المستخدمين، والتي تم بناؤها بحيث تركز بشكل رئيسي على واجهة برمجة التطبيقات ومركزية البيانات".

 

وأضاف بالقول: "تتميز حلول إنفور بكونها ذكية ومتطورة ومُعدة مسبقاً، وهذا ما يمكّننا من مساعدة العملاء على تعزيز نموهم والنهوض بأعمالهم الرقمية، فضلاً عن مواصلة الابتكار والحصول على قيمة أكبر لأعمالهم بسرعة كبيرة. كما يمكن للعملاء الاستفادة من مرونة منصاتنا وقابليتها للتوسعة، كما أنها تتميز بتوفيرها لممارسات قياسية للأعمال المتخصصة وتصميمها بشكل مدمج لسهولة الاستخدام".

 

وأشارت جارتنر في تقرير ماجيك كوادرانت لعام 2021 الخاص بالحلول السحابية لتخطيط موارد المؤسسات التي تركز على المنتجات إلى أن: "سوق حلول تخطيط موارد المؤسسات التي تركز على المنتجات باتت تشهد تحولاً متسارعاً نحو نشر التقنيات السحابية. ولهذا يجب على قادة التطبيقات الخاصة بتخطيط موارد المؤسسات العمل على استخدام تقرير ماجيك كوادرانت من جارتنر لتقييم حزم تطبيقات تخطيط موارد المؤسسات كجزء من استراتيجية عمل خاصة قابلة للتطبيق".

 

وقالت أمل جاردنر، نائب الرئيس والمدير العام لدى إنفور لمنطقة الشرق الأوسط وإفريقيا: "إننا نؤمن بأن تصنيف شركة جارتنر لنا كشركة رائدة في الحلول السحابية الخاصة لإدارة موارد المؤسسات والمرتكزة على المنتجات هو دليل على المزايا الرائعة والقيمة الكبيرة التي توفرها منتجات إنفور المتخصصة وفق القطاعات والتي تتيح استخدامها من قبل عدّة جهات في الوقت ذاته، كما أن ذلك ينعكس بشكل مباشر على منطقة الشرق الأوسط، حيث يعمل العديد من العملاء في القطاعات المختلفة على إحداث التحول الرقمي بغية تعزيز الكفاءة والابتكار في أعمالهم والحصول على مزايا تنافسية. وإننا نتطلع إلى مواصلة العمل مع المؤسسات العامة والخاصة في المنطقة لمساعدتهم على تحقيق الأهداف المنشودة من التحول الرقمي".

 

كما أفضى تقرير جارتنر إلى أن "المؤسسات التي نجحت في إعادة بناء منصاتها الخاصة بتخطيط موارد المؤسسات، سوف تحقق تحسناً بنسبة 40% على الأقل في مرونة ورشاقة التكنولوجيا التي تستخدمها لتحقيق نتائج أكبر لأعمالها وذلك بحلول عام 2023".

 

وأشار التقرير بالإضافة إلى ذلك، إلى أن "60% من المؤسسات التي تركز على المنتجات سوف تستفيد من الإمكانات القياسية لحلول تخطيط موارد المؤسسات وسوف تقوم باستخدامها على منصات قابلة للإنشاء وخاصة بتخطيط موارد المؤسسات".

 

كما أوضحت جارتنر ضمن تقريرها بأنه "وبحلول العام 2024، سوف تتكون 60% من تطبيقات البرمجيات كخدمة SaaS من مجموعة واسعة من إمكانات الأعمال التي توفر البيانات والرؤى التحليلية وخدمات التطبيقات التشغيلية".

Panama organizes an international virtual fair within the framework of Expo 2020 Dubai, in order to bring together buyers from different markets with the main suppliers of the Panamanian tourism industry.

 

 

Panama, Panama Republic (August 31^st 2021) – At such an important time for the reactivation of post-pandemic tourism, Panama is reinforcing its image as a destination for leisure and business travel. Part of this task is carried out together with the main actors in the commercialization chain, such as tourism service providers, tour operators, wholesalers and travel agencies.

With this objective in mind, PROMTUR Panama will hold a virtual fair called Explore Panama, in order to generate a commercial space where buyers and sellers can interact. The event will be held on October 20 and 21, 2021, and will have 20 virtual stands for local exhibitors, including the Tourism Promotion Fund (Promtur Panama), and is expected to attract around 350 travel agencies and wholesale operators from markets such as the USA, Argentina, Brazil, Costa Rica, Colombia and the United Arab Emirates, who, through a commercial agenda, will be able to interact with key suppliers of the Panamanian tourism industry.

Panama will present the tourism activities that will lead this year and in the future, under the Master Plan for Sustainable Tourism 2020-2025 (PMTS). The plan revives the "Tourism - Conservation - Research (TCI)" strategy by highlighting the country's extraordinary natural, cultural and historical wealth with a strong focus on destination sustainability through research and conservation actions.  The updated strategy focuses on three fundamental pillars: Cultural Heritage (multifaceted culture), Green Heritage (extraordinary biodiversity) and Blue Heritage (ocean wonders).    

 

The event will allow real interaction between exhibitors and buyers in a 360-degree environment with customizable virtual landscape, virtual private meeting rooms, chat, browser-based chats, presentations and live keynotes. Buyers, once registered, will be able to view the profile of participating exhibitors to schedule their meetings and once at the event, they will be able to access the customized virtual booths of each brand and will have the possibility to view the video of their interlocutor, as well as download their brochures and available material. In addition, participants will also be able to meet exhibitors in real time, walking through the exhibition hall or simply moving through the aisles and/or booths through Avatars.       

It is worth mentioning that Explore Panama will be held within the framework of Expo 2020 Dubai, one of the most important commercial showcases worldwide that will take place in Dubai from October 21, 2021 to April 10, 2022, where Panama will also have a physical pavilion.

Edgar Lacker, CEO of AVIAREPS, Virtual Fair Organizing Company for PROMTUR Panama: "We are happy to support Panama in the development of this project, at such a decisive moment for the reactivation of international tourism. We are proud to have local teams in the priority markets for Panama as a tourist destination for the MICE and vacation segments, to support all the tasks that derive from an event of this magnitude, at the level of detail and professionalism that is required".

Ivan Eskildsen, Panama's Minister of Tourism, said that Panama's presence in important international fairs where the MICE and vacation segments are combined, offers a range of opportunities for the country to showcase the extraordinary richness and diversity of its nature, culture and history, as well as the modern infrastructure in Panama City, ideal for holding major events; all this at a time when the National Government is focusing its actions on strengthening the economic recovery strategy, with the resumption of airline flights from Europe to Panama and vice versa. The participation of authorities and private companies in prestigious fairs such as Expo 2020 Dubai, which this year will bring together 350 buyers, supports the country's projections for the early recovery of this industry, which was hit hard by the global pandemic.

Fernando Fondevila, CEO/General Director of PROMTUR Panama: "Panama continues to stand out as a leading destination in Latin America for vacation and meeting tourism, and we are proud to join an international audience during Expo 2020 Dubai to present the country's many tourism attractions. With the reopening of meetings and conventions at 25% capacity, the early opening of the new convention center and the activation of our Sustainable Tourism Master Plan, we have much to share and are ready to welcome tourism."

بنما تنظم معرضاً رقمياً دولياً في إطار إكسبو 2020

يهدف المعرض إلى الجمع ما بين المشترين من الأسواق المختلفة والموردين الرئيسيين لقطاع السياحة في بنما

 

بنما، جمهورية بنما – 31 أغسطس 2021

خلال هذه الفترة الحاسمة لإعادة تنشيط السياحة بعد الجائحة، تعمل بنما على تعزيز صورتها كوجهة رائدة للسياحة الترفيهية وسياحة الأعمال. و يتم تنفيذ جزء من هذه المهمة جنبًا إلى جنب مع الجهات الفاعلة الرئيسية في سلسلة التسويق، مثل مقدمي الخدمات السياحية ومنظمي الرحلات وتجار الجملة ووكالات السفر.

وللمساهمة في تحقيق هذا الهدف، ستقيم برومتور بنما معرضاً رقمياً بعنوان "اكتشف بنما" لتوفير منصة تجارية تتيح التواصل بين المشترين والبائعين. وسيقام المعرض في يومي 20 و21 من أكتوبر 2021، وسيحتوي على 20 كشك رقمي للعارضين المحليين، بما في ذلك صندوق الترويج السياحي برومتر بنما، ومن المتوقع أن يجتذب المعرض حوالي 350 وكالة سفر وتاجر جملة من عدة أسواق، منها الولايات المتحدة والأرجنتين والبرازيل وكوستا ريكا وكولومبيا والإمارات، والذين سيتمكنون عبر أجندة تجارية من التفاعل مع الموردين الرئيسيين لقطاع السياحة في بنما.

وستعرض بنما خلال المعرض الأنشطة السياحية التي ستحدد مسار القطاع في هذا العام والمستقبل، في إطار الخطة الرئيسية للسياحة المستدامة 2020-2025 (PMTS). وتعمل الخطة على إحياء استراتيجية "السياحة – الحفظ – البحث" من خلال  تسليط الضوء على الثروة الطبيعية والثقافية والتاريخية للبلد، مع التركيز على استدامة الوجهة عبر إجراء البحوث وحفظ التراث. وتتمحور الاستراتيجية الجديدة على ثلاثة أعمدة أساسية وهي التراث الثقافي (ثقافة متعددة الأوجه)، والتراث الأخضر (تنوع بيولوجي استثنائي)، والتراث الأزرق (عجائب المحيطات).

سيوفر المعرض فرصاً للتفاعل الحقيقي بين العارضين والمشترين في بيئة افتراضية تجسد أجواء المعارض الواقعية، وتتوفر فيها غرف خاصة للاجتماعات، ونوافذ للدردشة ولإرسال النصوص، ومنصات خاصة للعروض التقديمية والإلقاء الحي. وسيتمكن المشترون بمجرد التسجيل من الإطلاع على ملفات العارضين المشاركين، وستتاح لهم فرصة حجز المواعيد. وخلال المعرض، سيتمكن الزوار من التوجه إلى الكشكات الإفتراضية لمشاهدة الفيديوهات الترويجية، وتحميل الكتيبات والمواد الأخرى المتوفرة. كما وسيتمكن الزوار من مقابلة العارضين شخصياً خلال تجولهم عبر أروقة المنصة الإفتراضية.

والجدير بالذكر أن المعرض الرقمي سيقام في إطار إكسبو دبي 2020، أحد أهم المعارض التجارية الدولية والذي سيقام في دبي من 21 أكتوبر 2021 إلى 10 أبريل 2022، و الذي ستمتلك بنما جناحاً فيه.

قال السيد إدغار لاكر، الرئيس التنفيذي لشركة آفياريبس، الشركة المنظمة للمعرض الرقمي الخاص ببرمومتر بنما: "يسعدنا دعم بنما في تطوير هذا المشروع في مثل هذه اللحظة الحاسمة لإعادة تنشيط السياحة الدولية. نحن فخورون بوجود فرق محلية في الأسواق ذات الأولوية لبنما كوجهة سياحية للعطلات وتنظيم المعارض، ونسعى لتقديم الدعم اللازم في جميع المهام المتعلقة بحدث هائل كهذا بكل مهنية ودقة في التنفيذ."

وقال السيد إيفان إسكيلدسن، وزير السياحة في بانما، بأن تواجد بنما في المحافل الدولية المهمة حيث تجتمع شريحتا تنظيم المعارض والعطلات، يوفر عدداً من الفرص للبلد لاستعراض الثروة الاستثنائية والتنوع في طبيعتها وثقافتها وتاريخها، والبينة التحتية العصرية في مدينة بنما والمثالية لعقد الأحداث الرئيسية. وتستمر هذه الأنشطة كلها في وقت تركز فيه الحكومة الوطنية على تعزيز استراتيجية الإنعاش الإقتصادي مع إعادة تسيير الرحلات من أوروبا إلى بنما والعكس بالعكس.

وأيضاً قال السيد فيرناندو فونديفيلا، الرئيس التنفيذي والمدير العام لبرومتر بانما: "تستمر بانما في كونها وجهة بارزة في أمريكا اللاتينية للعطلات وسياحة الأعمال، ويسعدنا الالتقاء بجمهور دولي خلال اكسبو دبي 2020 لعرض ما تقدمه بانما من معالم سياحية مختلفة. مع افتتاح المعارض والمؤتمرات بسعة 25%، وافتتاح مركز المؤتمرات الجديد، وتنفيذ الخطة الرئيسية للسياحة المستدامة، لدينا الكثير لنشاركه ونحن مستعدون لاستقبال السياح."

Campus Enhancements Await Students Returning to Grenada

 

 

Dubai, United Arab Emirates, August 31, 2021 – St. George’s University (SGU) School of Medicine enhances its campus in Grenada as it welcomes students from around the world for an innovative, face-to-face learning experience.

Students will enjoy the new advancements as SGU continues to support its growing campus community with several expansion and redevelopment projects to be completed in the 2021-2022 academic year. When construction is complete, the campus will feature greater capacity for individual and group study spaces as well as new technologically advanced clinical skills laboratories.

“As of July 2021, St. George’s University School of Medicine has been the #1 provider of doctors into first-year US residencies for the last 12 years combined. We pride ourselves in delivering student-centric education, while providing the tools and training to become doctors of the future. Keeping the wellness and safety of our students as top priority, we have implemented changes to SGU’s Grenada campus, and we are excited to see our students return to experience the enhancements,” says Lesley Byrne, Vice President of International Student Recruitment.

Enhancements include:

·              New Eric Gairy Pavilion: Outside of Eric Gairy Hall, this open-air pavilion welcomes up to 282 students to convene for outdoor study, a tried-and-true setting to further absorb coursework. Scheduled to be completed by August 2021.

·              New Beachfront Pavilion: On the hill connecting the upper and lower campus, this new pavilion will have the capacity for 324 students to conduct group study, all with the backdrop of True Blue Bay. Scheduled to be completed by early fall.

·              Renovated indoor study spaces campus-wide: Students can really stretch their legs with 52 percent more individual study spaces thanks to new carrels in Founders Library, Lower Modica Hall, Lower Taylor Hall, St. David’s Hall, St. Andrew’s Hall, and St. John’s Hall. Scheduled to be completed by August 2021.

·              Additional clinical skills labs: After recently updating the existing 56 clinical skills rooms with the newest technology, SGU is also adding another 28 rooms as well as a new control center that will help provide an optimal simulation experience with standardized patients. Scheduled to be completed in early 2022.

 

The improvements were put in place as SGU welcomed back fully vaccinated students, faculty, staff, and administrators, with in-person classes back in session in August.

The school has exerted global influence from a multicultural perspective having produced over 280 MD graduates from the Middle East and North Africa

Zoom Reports Financial Results for the Second Quarter of Fiscal Year 2022

 

Zoom Reports Financial Results for the Second Quarter of Fiscal Year 2022 Second quarter total revenue of $1,021.5 million, up 54% year over year Number of customers contributing more than $100,000 in TTM revenue up 131% year over year Second quarter GAAP operating margin of 28.8% and non-GAAP operating margin of 41.6% SAN JOSE, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE/Knowledge Bylanes) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced financial results for the second fiscal quarter ended July 31, 2021. “In Q2, we achieved our first billion dollar revenue quarter while delivering strong profitability and cash flow,” said Zoom founder and CEO, Eric S. Yuan. “Q2 also marked several milestones on our expansion beyond the UC platform. We launched Zoom Apps, bringing over 50 apps directly into the Zoom experience, and Zoom Events, an all-in-one digital events service. Today we are a global brand counting over half a million customers with more than 10 employees, which we believe positions us extremely well to support organizations and individuals as they look to reimagine work, communications, and collaboration.” Second Quarter Fiscal Year 2022 Financial Highlights: Revenue: Total revenue for the second quarter was $1,021.5 million, up 54% year over year. Income from Operations and Operating Margin: GAAP income from operations for the second quarter was $294.6 million, up from $188.1 million in the second quarter of fiscal year 2021. After adjusting for stock-based compensation expense and related payroll taxes, acquisition-related expenses, and expenses related to charitable donation of common stock, non-GAAP income from operations for the second quarter was $424.7 million, up from $277.0 million in the second quarter of fiscal year 2021. For the second quarter, GAAP operating margin was 28.8% and non-GAAP operating margin was 41.6%. Net Income and Diluted Net Income Per Share: GAAP net income attributable to common stockholders for the second quarter was $316.9 million, or $1.04 per share, up from $185.7 million, or $0.63 per share in the second quarter of fiscal year 2021.Non-GAAP net income for the quarter was $415.1 million, after adjusting for stock-based compensation expense and related payroll taxes, acquisition-related expenses, gains on strategic investments, undistributed earnings attributable to participating securities, and expenses related to charitable donation of common stock. Non-GAAP net income per share was $1.36. In the second quarter of fiscal year 2021, non-GAAP net income was $274.8 million, or $0.92 per share. Cash and Marketable Securities: Total cash, cash equivalents, and marketable securities, excluding restricted cash, as of July 31, 2021 was $5.1 billion. Cash Flow: Net cash provided by operating activities was $468.0 million for the second quarter, compared to $401.3 million in the second quarter of fiscal year 2021. Free cash flow, which is net cash provided by operating activities less purchases of property and equipment, was $455.0 million, compared to $373.4 million in the second quarter of fiscal year 2021. Customer Metrics: Drivers of total revenue included acquiring new customers and expanding across existing customers. At the end of the second quarter of fiscal year 2022, Zoom had: 2,278 customers contributing more than $100,000 in trailing 12 months revenue, up approximately 131% from the same quarter last fiscal year. Approximately 504,900 customers with more than 10 employees, up approximately 36% from the same quarter last fiscal year. A trailing 12-month net dollar expansion rate in customers with more than 10 employees above 130% for the 13th consecutive quarter. Financial Outlook: Zoom is providing the following guidance for its third quarter fiscal year 2022 and its full fiscal year 2022. Third Quarter Fiscal Year 2022: Total revenue is expected to be between $1.015 billion and $1.020 billion and non-GAAP income from operations is expected to be between $340.0 million and $345.0 million. Non-GAAP diluted EPS is expected to be between $1.07 and $1.08 with approximately 309 million non-GAAP weighted average shares outstanding. Full Fiscal Year 2022: Total revenue is expected to be between $4.005 billion and $4.015 billion. Non-GAAP income from operations is expected to be between $1.500 billion and $1.510 billion. Non-GAAP diluted EPS is expected to be between $4.75 and $4.79 with approximately 308 million non-GAAP weighted average shares outstanding. Additional information on Zoom's reported results, including a reconciliation of the non-GAAP results to their most comparable GAAP measures, is included in the financial tables below. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future, although it is important to note that these factors could be material to Zoom's results computed in accordance with GAAP. A supplemental financial presentation and other information can be accessed through Zoom’s investor relations website at investors.zoom.us. Zoom Video Earnings Call Zoom will host a Zoom Video Webinar for investors on August 30, 2021 at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss the company’s financial results and business highlights. Investors are invited to join the Zoom Video Webinar by visiting: https://investors.zoom.us/

Think Plastic Brazil and Arab Brazilian Chamber of Commerce collaborate to host B2B virtual meetings for converted plastic products

 

August 16, 2021 - Brazil-based converted plastic product manufacturers are set to showcase their sustainable construction, home essential products, bathroom fittings, office supplies, cleaning products, toys, chairs, showerheads, pipes, faucets, cutlery and many more to Arab companies in a series of B2B virtual meetings from September 20 until October 7, 2021.

 

The event will be hosted by Think Plastic Brazil, a global initiative launched by the country’s National Plastic Institute (INP) and the Brazilian Trade and Investment Promotion Agency (Apex Brasil), in collaboration with the Arab Brazilian Chamber of Commerce (ABCC).

 

At least 15 companies will highlight their products made from recycled plastic including bathroom fittings, cleaning products, pharmaceutical packaging, toys, chairs, cables, paint rollers, and more. Arab retailers and distributors have until September 16 to register for the virtual meetings.

 

Osmar Chohfi, President, Arab Brazilian Chamber of Commerce, said: “We are proud to collaborate with Think Plastic Brazil in hosting the B2B virtual meetings. Our teams have been working together since last year, and we are looking forward to introducing more eco-friendly products to the Arab market. With this initiative, we aim to raise awareness regarding various applications of reusable plastics as we continue to boost trade relations between Brazil and the Arab world. We look forward to the event's success and more trade opportunities in the future."

 

An increasing number of companies and communities are backing the use and manufacturing of recyclable plastic around the world. From January to May 2021, Think Plastic Brazil led an initiative that enabled member companies to expand to 57 new markets and 17 new products, boosting their export revenue to USD 136.5 million, a 20 per cent increase compared to the same period last year. This also reflects an increase in volume by 4 per cent, which is equivalent to 54,900 tons.