The port received smart cranes to transfer containers from ships to docks. This was the second phase of the modernization work, 86% completed.
Browsing: Economy
The Brazilian company increased revenue from footwear exports to BRL 142.8 million (about USD 27.16 million) in the year’s second quarter. Grendene owns brands such as Melissa and Itapema, among others, and is one of the biggest global producers in the sector.
On this occasion, the Embassy of Lebanon to Brasilia launched the Humanitarian Aid Fund for the People of Lebanon, a project by the United for Lebanon group, which was officially established as a non-governmental entity.
According to information released by the Ministry of Supply and Internal Trade, the price of the product imported from Brazil dropped 12% at official points of sale in the Arab country.
A study by ABESPetro, conducted with consultancy firm Delloite, pointed out the Brazilian oil and gas industry could receive investments of USD 24 billion a year until 2025.
The investment company from the United Arab Emirates bid to acquire control of Zamp, which owns recognized restaurant chains in Brazil.
Inflated prices of products such as fertilizers and oil increased Brazilian imports in July, diminishing the positive trade balance.
Upholstery cleaning and shielding company CleanNew is planning to start operations in Saudi Arabia, the UAE, and Kuwait.
Executives from the two institutions discussed how to cooperate to boost Egypt-Brazil trade.
The International Monetary Fund has raised its growth forecast for Brazil to 1.7%. The previous report had been made public last April.
Brazil earned USD 643 million from sales to the foreign market in the first half of 2022 and seeks to reach USD 1.4 billion by the end of the year.
The Brazilian company announced its refineries were running nearly full tilt at the end of June.
Countries of the bloc agreed to lower taxes on products from nations outside the bloc.
A report pointed out that the Egyptian sector’s exports surged 36% during the January-May period. The highest-selling products were marble, granite and cement.
