The African Development Bank estimates the country’s gross domestic product will expand 4.1% this year and 4.2% next year.
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So far this year, both exports and imports have increased compared to 2025. Total trade volume has reached USD 171 million.
Initiative aims to boost resilience and reduce costs for businesses operating in the emirate. Total package amounts to USD 410 million.
The trade fair kicked off on Monday (18) with a debate on the new workweek model during the opening ceremony, attended by Brazil’s Vice President Geraldo Alckmin.
The event will be held in 2027, and Brazil’s participation is part of the international promotion agenda for the footwear industry through the Brazilian Footwear project.
Brazil’s Finance Ministry will take part in upcoming meetings of the BRICS bank and the G7 finance track. In addition to the economic impacts of ongoing wars, Dario Durigan is expected to bring up the issue of raw materials essential to the technology industry.
Saudi Arabia’s oil company posted net profit of USD 32.5 billion in the first quarter and said a pipeline was key to bypassing transport restrictions in the Strait of Hormuz.
The Brazilian company delivered 44 aircraft from January to March this year, 47% more than in the same period of 2025, and recorded its highest-ever revenue for the period at USD 1.4 billion.
Exports to Africa rose 34.9% compared to April 2025, according to trade balance data for the period released by the Ministry of Development, Industry, Trade and Services.
Located in Casablanca, the unit will dismantle end-of-life vehicles and foster the circular economy. The group already operates a similar center in Osasco, Brazil.
At an automakers’ association Anfavea event, Brazil’s president said the country’s automotive industry faces the challenge of competing for markets in Latin America and Africa and should not leave them to parent companies.
The Central Bank has allowed financial institutions and electronic payment companies in the country to work with international payment networks such as Visa and Mastercard in a move to modernize local finances.
Tawazun Council for Defence Enablement signed a deal with the Brazilian planemaker for a firm order of 10 planes and an option to purchase 10 more.
Brazilian meatpacker announced the completion of a partnership with HPDC, owned by a Saudi fund, launching a joint halal products business. The new company is preparing an IPO on the Saudi stock exchange.
