After a mission to the country, International Monetary Fund staff assessed the Lebanese economic situation and pointed out actions that could bring an upturn.
Browsing: Economy
Sales of Brazilian products to Arab countries climbed in the first eight months of the year. Revenue from goods such as poultry, sugar, soybeans and maize were up.
The B and C-class population in the North African country consumes Brazilian cookies, candies, and sweets from brands such as Cory. According to a trader, Djibouti plays a role in reexporting to the surrounding region.
Brazil was among Bahrain’s top three international suppliers last month. The Gulf country mainly bought aluminum oxide, iron ore, and aircraft engine parts abroad.
The Egyptian Customs Authority will study the proposal of the Arab Brazilian Chamber to implement an electronic system to issue and verify trade documents. The topic was discussed earlier this week in Cairo.
The Brazilian Ministry of Economy launched this Thursday (15) a website aimed at foreigners that brings together primary information on investments in Brazil.
The Ministry of Economy increased the forecast for Brazilian GDP growth in 2022, from 2% in the July estimate to 2.7%.
Revenue from Brazilian egg exports climbed in August. The UAE was the leading export destination year to date.
Economic growth prospects could bring opportunities to Egypt, said the Market Analysis coordinator of ApexBrasil in a webinar this Tuesday (13).
Private equity fund Al Zarooni Emirates Investments will build a studio to develop venture projects created by students at the Citizens School in Dubai. Projects will be eligible for funding.
Arab Brazilian Chamber and ABIA will hold an event on opportunities in the processed food industry in Egypt. The webinar takes place on September 13. Registration is open.
The law approving drawbacks on service purchases linked to exports was signed this Monday (5).
Brazil’s Gross Domestic Product increased from April to June compared to the first three months of the year, mainly driven by the services sector. In the first half, the country grew by 2.5%.
After growing 7.1% in 2021, the Palestinian economy is expected to advance less; by 4% this year. Inflation is dwindling consumption and investment power.
