According to a World Bank’s analysis, the situation in African countries in the current international context of high food prices is worrisome.
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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.
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.
