The advanced technology and defense solutions company participated in the LAAD show this month in Rio de Janeiro and informed it would open a regional office in Brasília.
Browsing: Economy
Established in Copacabana in 1972, the Brazilian beachwear brand Blue Man makes the Rio de Janeiro waterfront its home and bathers its models. It has been exporting since the 1980s and has succeeded in Dubai and Lebanon, where it sells swimsuits and cover-ups.
A calculation by Bloomberg released by the IMF points out the Arab country could play a relevant role in the progress of the world economy over the next five years. China tops the ranking.
A survey revealed that Brazilian fish exports grew 15% in 2022, reaching USD 23.8 million. Libya was the fourth main destination.
Sector foreign sales, which include day-old chicks and hatching eggs, increased by 93.7% in March. Saudi Arabia made substantial purchases, according to a sector entity.
The president of the Brazilian oil company, Jean Paul Prates, presented plans to increase gas exploration and output.
Brazilian Vice President Geraldo Alckmin announced the creation of a working group to find ways to improve the availability of natural gas in the country.
With a well-established supply chain in South America, the Brazilian toy industry intends to expand its presence in Latin America and focus, as of 2026, on exports to countries on the African continent, including Egypt. The company already serves some markets in the region, such as Algeria.
International sales of Amman Chamber of Industry member companies totaled USD 2.5 billion in the first quarter of 2023. India was the leading destination; the most shipped products were from the mining sector.
A survey by the Itaú Cultural Observatory based on 2020 data points to the importance of the sector in generating wealth in the country. Companies in the industry account for 2.4% of Brazilian exports.
At an event this Monday (10) morning in the capital of São Paulo, representatives of real estate agents talked about profitability and tax exemption in the emirate, among other incentives. Other workshops will take place in the Brazilian states of Minas Gerais and Santa Catarina this week, and registration is open.
The Brazilian government has increased the revenue limit for companies eligible for the Export Financing Program (PROEX) to BRL 1.3 billion (about USD 256.27 million). The new regulation will enter into force in May.
In March, sales of light vehicles in the Moroccan market dropped 11% to 36,800 units. Dacia, Renault, and Hyundai were the best-selling brands among passenger vehicles.
The Arab country’s economy advanced much in the last quarter of 2022 compared to the same period of the previous year.

