The event aimed at Egyptian and Brazilian businesspeople will take place next Tuesday (5) in the city of São Paulo. The meeting will bring together executives on the day after the Economic Forum Brazil & Arab Countries.
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The director-general of the Lebanese Ministry of Agriculture, Louis Lahoud, is on an official trip to São Paulo and visited the Arab Brazilian Chamber headquarters alongside the consul general of Lebanon to São Paulo, Rudy El Azzi. The Arab country could increase fertilizer exports to Brazil.
Projects aim to increase wind and solar energy capacity in the Middle East and North Africa from 12.1 to 73 GW by 2030. Oman, Morocco, Algeria and Kuwait have some of the most ambitious plans.
Statement was given by Suhail bin Mohammed Al Mazrouei, minister of Energy and Infrastructure of the Gulf country, and reported by WAM.
Libya Coffee Expo (Coffeex) is looking for exhibitors for its second edition. In Brazil, event curator Mariana Proença, who specializes in coffee, supports the show.
The national institution increased its estimate for Brazilian GDP growth in 2022, which in March was at 1%. Household consumption and investment in production could be some of the main boosters.
The initiative promoted by the Arab Brazilian Chamber of Commerce aims to provide knowledge for entrepreneurs to access the Brazilian market. The mission schedule will start on July 3 and last six days.
From January to May 2022, there was a 21% increase compared to the same period last year. Shipments to the United Arab Emirates and Latin America advanced.
The Arab country recorded a lower price increase in May compared to April. Transport prices have decreased. There was also deflation in clothing and footwear.
Bachir ice cream opened in the Moema neighborhood in São Paulo six months ago. The company has over 50 stores on Lebanese soil and two in Paris, France.
An IMF report points out that the Arab country is seeing an economic recovery due to policy actions to mitigate the impact of the pandemic and support households, as well as increased hydrocarbon prices.
Brazil’s president Jair Bolsonaro announced a cut in import tax rates from 16% to 12% on video games, consoles and accessories starting in July.
The International Energy Agency reported that demand is likely to rise to 101.6 million barrels per day in 2023, driven by Chinese demand.
The financial institution won the Central Banking Awards 2022 for its data sharing project.
