This week, the two Arab countries signed agreements providing for creating green hydrogen production plants in Egypt. The project also aims to export byproducts.
Browsing: Economy
Exports from Brazilian miners dropped 22.8% in the first quarter, mainly influenced by the decline in sales to China.
After getting through the pandemic, now Egypt’s food industry faces supply shortages. The situation is worrying given the demand of Eid, the holiday that marks the end of Ramadan.
Medium-high and high-tech exports from Brazil have been down since the beginning of the COVID-19 pandemic and are expected to remain stagnant in 2022. The country mainly produces aircrafts, pharmaceuticals, machinery, and special equipment.
A 5.9% growth is expected in FY2021/22, and a 5% growth is forecasted in FY2022/23.
The Brazilian president met with the international organization’s director-general on Monday (18), who is visiting Brazil this week.
Saudi Arabia’s February crude exports reached 7.3 million barrels per day, the biggest volume since April 2020.
Organic, local foods are a priority in the jams by Mooneh, a brand founded by Dima Al Sharif and her husband Firas Kanaan in the United Arab Emirates.
The Egyptian Ministry of Finance is studying a proposal that would oblige payments shipping agents to settle payments of taxes like floor fines at Egyptian ports in Egyptian pounds rather than in US dollars
Owned by a Lebanese Brazilian family, Tanabi-based furniture business JB Bechara has changed its processes, prioritizing diversity, social action and sustainability. Furniture is its focus since the arrival of the immigrant great-grandparent in 1921.
Research shows that municipalities that are tourism hubs or commodity-exporting hubs are contributing to the reduction of unemployment in the country.
The Brazilian industry shipped 13 million pairs of shoes in March, with a sharp increase in volume. Demand from the United States has gone up.
The International Monetary Fund reached an agreement with Lebanon for a four-year extended fund facility that will however only get full approval if the Arab country enacts a series of reforms.
The cosmetics company founded in Brazil by an Egyptian prepares to return in full force by the end of 2022.
