The index calculated by Fundação Getulio Vargas that measures the Brazilian economic climate increased by 2.1 points in the second quarter of this year over the first.
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The Arab Brazilian Chamber held in Cairo an event featuring the Brazilian delegation that is in Egypt led by the special secretary for Strategic Affairs, Flávio Rocha. He said that Brazil seeks a strategic partnership with the Egyptians.
Brazilian companies signed a memorandum of understanding with the Arab Organization for Industrialization aimed to collaborate in the industrial sector.
Tunisia’s Central Bank has raised the country’s key interest rate from 6.25% to 7% to counter inflationary pressures.
There are some sweets that Brazilians are more familiar with, like baclava, and lesser-known items as well as gluten-free, vegan and organic options.
The company’s president received the Brazilian minister of Agriculture in a meeting this Thursday (12) in Rabat and informed a plant would be opened in Brazil. The facility will be located in the state of Maranhão and will produce phosphate byproducts.
State-owned energy major had a market cap of USD 2.43 on Wednesday (11), surpassing Apple, whose shares dropped.
Saudi Arabia’s National Transport and Logistics Strategy aims to increase the contribution of the transport and logistics sector to 10% of the GDP, up from its current rate of 6%.
The brand opened a branch in Dubai last Sunday (1) to sell products like coffee, tea, nuts, dried fruits, dates and chocolate.
Brazilian sales to the Arab market increased 33.5% in the first quarter of 2022, driven by the appreciation of products the country exports to the region and investments in the transition to the post-oil era.
The first quarter of 2022 was positive for micro and small industries, with the best index for Q1 since 2012, reveals a survey by CNI.
The Arab country invites investors to participate in the event that will take place from May 15 to 16 in Damascus.
Global surging prices are caused primarily by the pandemic and the conflict in Ukraine. But challenges unique to Brazil contribute to a situation of high prices and high interest rates as well as a slow rebound of the economy.
Brazil recorded a current-account deficit of USD 2.4 billion in February, down from a year earlier.
