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.
Browsing: Economy
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.
The Ministry of Development, Industry, Trade and Services expects the 2023 Brazilian trade balance to post the highest surplus ever due to the declining prices of leading imports.
The Ministry of Electricity of Syria has launched a tender for firms interested in restoring the operations of the Alzara Public Company for Electric Power Generation. Bids can be submitted until April 19.
This Sunday (2), influential oil-producing countries such as Saudi Arabia, Russia, and Iraq announced they would reduce oil production as of May. This measure was taken due to the recent drop in prices and the prospect of increased Chinese demand.
The President of Egypt signed an agreement concluding the New Development Bank membership process. The institution was established by the bloc formed by Brazil, Russia, India, China, and South Africa.
Alternative has gained a foothold in the market due to containing less lactose than milk from other animals. A food and beverage consultant points out trends for this product that’s still premium.
In a seminar at the Arab Brazilian Chamber headquarters, a representative of the Brazilian bank spoke about the Riyadh office’s activities and attracting Arab investment to Brazil and Latin America.
The Arab Brazilian Chamber will organize a trade mission with Arab companies to Brazil for the APAS show from May 15 to 18 in São Paulo. In an online event, Egyptian businesspeople were invited to explore the opportunities in the Brazilian market.
To celebrate the Arab Community Day in Brazil, ANBA interviewed two influential political personalities in the current government. The minister of Planning, Simone Tebet, and the federal deputy for Rio de Janeiro, Jandira Feghali.
