Despite the retraction of the global market, the volume shipped to the region has grown over 20% from January to August. Exports totalled 914,000 tonnes of chicken.
Author: From the Newsroom
Trade fair Nova Equipotel, one of the five largest in the sector, should bring together over 1,000 hotel and food industry exhibitors. The event will have business roundtables with Arab importers.
The Brazilian brand of cosmetics has relaunched a line of masculine perfumes that has essences originally from Arab countries, like Egypt and Tunisia, among others.
The stamp of the Federal Inspection Service (SIF) is featured on food products that circulate in Brazil and in over 180 countries, and guarantees product quality and origin.
The institution established a partnership with the Ministry of Health, through which it will train 860 public health workers from 13 states in Brazil.
A study by the Global Investment House, from Kuwait, shows that the Saudi real estate sector should grow 5% to 7% a year to 2012. The country needs 1.5 million housing units.
The two decisions, taken by the Foreign Trade Board, were published in the Federal Official Gazette today.
There was a reduction of over 50% compared with the period ranging from January to August 2008. In August, foreign sales grew 4% in comparison with July.
The region imported 915,000 bags of coffee from Brazil between January and August, according to figures supplied by the Brazilian Coffee Exporter Council. Revenues totalled US$ 111 million.
IMF Managing Director Dominique Strauss-Khan stated that the world economy is ‘emerging’, but governments should err on the side of caution when deciding whether or not to withdraw stimulus policies.
The organisation’s report estimates faster growth than forecasted previously. The organisation, however, says that the rhythm of this process should be moderate and should remain throughout 2010.
The country plays a key role in the process, according to the chairman of the World Bank, Robert Zoellick. According to him, China is implementing important actions for stimulating domestic demand.
The Brazilian state-owned oil company had the second highest profit in the past quarter, and was second only to Citigroup. Among non-financial companies, it ranked first in the list.
The forecast is by Riyadh Exhibitions Company, which is responsible for Saudi Agro-Food, to take place in November. The country imported US$ 15 billion in agricultural products and food last year.
