The Arab country invites investors to participate in the event that will take place from May 15 to 16 in Damascus.
Browsing: Economy
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.
This week, the two Arab countries signed agreements providing for creating green hydrogen production plants in Egypt. The project also aims to export byproducts.
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.
