Brazilian publishing houses have joined international literary fairs via the Brazilian Publishers project in the first half of this year, with results exceeding those of 2024.
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President Lula has sanctioned a law whereby taxes paid by micro and small businesses throughout the supply chain will be returned to taxpayers, effective on Friday (1).
Real estate purchases and sales recorded USD 7.35 billion in the emirate during the first half of the year, with investments coming from 109 nationalities.
State-owned National Oil Corporation approved 29 companies as operators and eight as investors for bidding processes in the country’s oil sector.
The number of foreign startups registered in Saudi Arabia more than doubled year-over-year, according to licenses issued by the Ministry of Investment.
Exports in the first half of this year already represent 73.6% of the total revenue generated by the sector from exports last year.
Higher demand in India has caused international fertilizer prices to increase. The product is exported from Arab countries to Brazil.
Year to date, the North African country’s trade balance shows a negative deficit equivalent to USD 3.4 billion. Exports recorded a slight decline.
At the LIDE Brazil-Morocco Forum, CEO Abdelhamid Addou said the airline will have six weekly flights to São Paulo in 2026 and will expand its fleet.
Countries signed a memorandum of understanding for technical cooperation on issues related to export credit insurance.
At the BRICS Business Forum, the President of Brazil said the countries in the bloc can play a leading role in promoting trade. A minister from the United Arab Emirates participated in the event.
Upon assuming the bloc’s presidency, Brazilian President Luiz Inácio Lula da Silva advocated signing an agreement with the European Union and advancing negotiations with the United Arab Emirates.
The data refer to May and the year-to-date total, according to information from Abimaq.
A survey conducted by the IMF shows that consumption, government investments, and job creation are responsible for the expansion of the Gulf country.
