Inflation is declining, while the country cuts subsidies in a bid to battle a budget deficit.
Author: From the Newsroom
The Middle East country stepped up its purchases of the Brazilian product by 118.6% in July, while two other Arab destinations, Saudi Arabia and the UAE decreased their imports. Despite the Newcastle disease case detected in southernmost state Rio Grande do Sul, overall exports climbed last month.
Sarah Campelo participates in the Ghosta Visual Art Fair, an event that brings together Lebanese and foreign artists. Curator Jacques Menassa had his works exhibited in Brazil.
Men’s team put six past Egypt in Nantes. Goals were scored by Ezzalzouli, El Khannouss, Nakach, Hakimi, and Rahimi (twice).
The mining giant sold half of its distribution operation in the Arab country, the VODC, to a company from the United States for USD 600 million.
Brazilian oncology chain announced a joint venture with a subsidiary of the Saudi Al Faisaliah Group to implement an oncology facility in Riyadh. Potential revenue at year five of the joint venture is estimated at USD 550 million.
National teams from two Arab countries in Africa, Egypt and Morocco, play for third place in men’s football in the Paris Olympics on Thursday (8).
Algerian Kaylia Nemour won the gold medal in the uneven bars on Sunday (4), making hers the top-ranking Arab country and the second best-placed African country at Parys Olympics.
The top destination in Africa of Brazilian agribusiness goods in the first half of the year, Egypt has dramatically stepped up its purchases of sugar and soybean from the Latin American giant. On the other hand, Egypt supplies a significant volume of fruits to Brazil.
IBSA Fund, which brings together India, Brazil, and South Africa, works in cooperation with the United Nations Office for South-South Cooperation in microfunding program.
Brazil-based non-lethal arm manufacturer owned by a group from the United Arab Emirates signed a USD 10 million deal.
Government will widen its agricultural attaché project in Brazilian diplomatic representations from 29 to 40. Countries are yet to be defined but will be in Asia, Africa, Europe, and South America.
Brazilian exporting companies may apply to participate in a food and beverage promotion week at the LuLu Hypermarket stores in November in Saudi Arabia. Entries will be accepted until August 18.
Brazil grossed USD 11.2 billion from sales to the Middle East and North Africa countries from January to June. Beef and sugar exports saw relevant increases.
