The Souk Nachar emporium offers a variety of Arab products in the city of Tatuí and surrounding areas. The business was inspired by the habit of the couple Priscilla Mariana and Alfredo Saab of consuming Arab food.
Browsing: Economy
The Brazilian government has allowed companies to receive interest rate equalization for export credit before shipping goods, rather than only after dispatch or invoicing.
Finance Minister Laaziz Faid announced that starting next year, all public banks will be able to offer credit to the local agribusiness sector. The measure aims to boost productivity.
The International Monetary Fund praises the country’s economic policy management and economic resilience but warns about regional instabilities and climate challenges.
Dubai-based logistics company, which has a terminal at the Port of Santos, announced the decision to open six new cargo-focused offices in Brazilian cities by 2026.
SINM, a mining company from the Arab country, had a loan of USD 150 million approved by the African Development Bank, which will help it expand the logistics of iron ore transportation.
Domestic production grew from January to November and is expected to reach 33.7 million tonnes by the end of 2024. Imports also increased over the period, but exports fell.
Oil is on track to become Brazil’s main export product in 2024. This will be the first time in history, according to data from the historical series that began in 1997.
The International Monetary Fund’s projection takes into account the resilience of the country’s maritime shipping sector, despite regional conflicts. The Port of Djibouti is the main driver of the local economy.
Exports of beef from Brazil increased by 9% in November, a lower percentage compared to previous months. The United Arab Emirates more than doubled its purchases.
The Central Bank of Libya has taken a series of measures in the foreign exchange market that are benefiting the economy, according to an analysis by the IMF. Disruptions in oil production led the institution to lower the country’s GDP growth forecast for 2024, but the estimate for 2025 has improved.
President Lula said during the Mercosur Summit in Montevideo that negotiations with the Arab country are progressing rapidly and are expected to be concluded by next year.
Oman’s Youth Center signed an agreement with Sohar Free Zone and Sohar Port to support the development of local young talents.
The Libyan market imported 1.6 million tonnes of iron ore from Brazil from January to October, a 60% increase compared to the same period last year. It is the largest volume in the current decade.
