The Arab Chamber decided to cancel the corporate tour scheduled for June due to coronavirus concerns.
Author: From the Newsroom
This was the only product category whose sales increased in the first two months of this year, on the back of ferroniobium, gold, and maize oil.
Khalifa Industrial Zone, a subsidiary of Abu Dhabi Ports, lowered its lease rate on new contracts by 25%.
Several countries consider plans of assistance to the sector in the face of flight cancellations due to coronavirus.
Brazil government announced tariff relief and other measures to deal with coronavirus, including temporary relief from IPI for goods used to fight the disease.
The Egyptian Mineral Resources Authority said bids will be accepted from March 15 to July 15.
As of May, warehouses and cold storage chambers will require halal certification. The change applies to Gulf countries such as Saudi Arabia and the UAE.
Food trade balance in the Arab country posted surplus in the first two months of 2020 due to drop in the value of some imports.
The United Nations Food and Agriculture Organization (FAO) recognized the Sempre-Viva flower picking system in Minas Gerais, Brazil to the list of Globally Important Agricultural Heritage Systems.
The emirate’s trade balance posted a 5.4% decline. Manufactures topped the list of most imported merchandise.
The administration announced the measure in a bid to address the international oil price slump. The country is highly dependent on oil exports.
The free show is part of the schedule of ‘Ancient Egypt – From Everyday to Eternity,’ an exhibition currently taking place at Centro Cultural Banco do Brasil (CCBB).
Saudi oil company reported last Tuesday (10) it would produce 12.3 million bpd starting April but increased its projection to 13 million barrels on Wednesday (11).
The first two months of the year saw 246,932 60-kg bags shipped to Arab countries, down 15.2% from January and February of 2019.
