The government is renovating the site in a bid to bring in more tourists. The project is due for completion this month.
Author: From the Newsroom
The Saudi Food and Drug Administration temporarily suspended export authorizations for two of the Brazilian food company’s units. However, the company said it will ship product made at other units.
Brazil was not authorized to sell the product to the Arab country since 2013, when the market closed due to one atypical case of bovine spongiform encephalopathy.
The Arab countries stood out among the Brazilian products’ buyers, purchasing 121,700 60-kg bags of the product in January.
Such was the result as of the end of 2019. The country is working to get its finances in order amid a volatile oil market.
The United Nations Environment Program is accepting applications of projects that help solving the planet’s environmental challenges. People between the ages of 18 to 30 from all over the world can apply.
The state government reached an agreement for ten startups to get technical instruction, funding and regulatory support in exporting to Asia and Africa. Details on the selection process will be out in April.
The Qatari airline’s CEO said the company is considering doubling its interest in the Chilean company created by a merger of Chile’s LAN and Brazil’s TAM.
Overall Brazilian poultry exports were up 15%. The Arabs, though, imported 3.5% less year-on-year.
An IMF report urges Gulf Cooperation Council member countries to tailor their fiscal policies to match the commodity’s prices, which are expected to decline in the next two decades.
Some 13 million people visited the Arab country last year – which was an increment over 2018.
Government decided not to renew visas of expats who are working in sales and purchases in the country.
The month saw 17,123 tonnes shipped from Brazil. Revenue was down 27% year-on-year.
Financial institution could have a stake on the Egyptian Stock Exchange in H1 2020. Country has plans to offer stakes of several state-owned companies in the stock exchange.

