Construction and building activities accounted for 11.6% of Saudi total non-oil economy activity in the second quarter, as the country steadily diversifies its economy.
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An event held in late September in Cairo was attended by Brazil’s ambassador Antonio Patriota and representatives of the Egyptian government, as well as businesspeople and journalists.
ICC Brasil presented a study it conducted with WayCarbon in an event at the headquarters of the Arab Brazilian Chamber. Opportunities and challenges for Brazilian companies from various industries were discussed.
Brazil-based firm GreenLeaf was responsible for the turfgrass of five stadiums that will hold matches of the FIFA World Cup Qatar. While providing the service, the company broke records and widened its market.
Brazil-based Milagros founder has visited regions that work with resin extraction in Somalia and Oman. The brand sells over 20 types of incense.
The Arab Brazilian Chamber and ICC Brasil will hold a meeting on one of the major topics of the climate conference that will take place next month in Egypt.
According to a World Bank’s analysis, the situation in African countries in the current international context of high food prices is worrisome.
An online event held by IRICE addressed the perspectives of international trade with presentations by Arab Brazilian Chamber president Osmar Chohfi, ambassador Rubens Barbosa, FIESP’s Tatiana Prazeres, and Cindes’s Sandra Rios.
Over the millennia, frankincense has been a symbol of Arab countries like Oman and an economic mainstay of farmers in Somalia and Sudan. The sap is the raw material of incense, but its trees are endangered due to the overexploitation.
Saudi Arabia’s Public Investment Fund aims at generating employment opportunities and stimulating the Saudi economy through its 54 companies.
After a mission to the country, International Monetary Fund staff assessed the Lebanese economic situation and pointed out actions that could bring an upturn.
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.
