A bill being discussed in Brazil’s Chamber of Deputies plans on increasing financing options for value-added exports like aircrafts and electronics.
Browsing: Economy
The Brazilian oil company ended March with high use of the capacity of its refineries. Average for the month was 89%.
The Arab Brazilian Chamber of Commerce signed an MoU with the Itaipu Technological Park and the Union of Arab Chambers to work for startups. Another agreement was signed with the Arab organization Dhaman at the Annual Investment Meeting.
In a meeting this week, the Egyptian prime minister spoke with different ministries on the organization of the 27th United Nations Conference on Climate Change, which will take place in November in Sharm El-Sheikh.
Innovation and sustainability are essential for the internationalization of Brazilian agribusiness, pointed out the discussions this Thursday (24) at an event hosted by Itaipu Binacional and Itaipu Technological Park at Expo 2020 Dubai. The Arab Brazilian Chamber also participated.
This Wednesday, the Brazilian president participated in a recorded video in the Global Business Forum Latin America. He invited the participants to invest in Brazil and gave a brief overview of the government’s program in the area, highlighting the privatizations of electric company Eletrobras and the national postal service.
This week, the Egyptian Prime Minister announced measures to protect the population from the global crisis. Decisions include increases in wages and social benefits, and tax cuts.
The Brazilian government will allow coffee, margarine, cheese, pasta, sugar, soy oil, and ethanol to enter the country tax-free. The new policy could help contain inflation.
The Russia-Ukraine war could switch the positions of the countries that take part in the global oil and gas industry.
Brazilian industries obtained USD 71.3 million with international sales in January and February, up 37%. The most exported products were chemicals for leather and shoes, uppers, soles, and insoles.
Despite the Egyptian habit of consuming much tea, coffee has gained ground in the country. The Abdel Maboud Coffee brand imports beans from Brazil and has grown by selling exclusive blends.
The Global Business Forum Latin America will take place in the Expo 2020 Dubai from March 23 to 24 to discuss the economy of Latin America and the Caribbean, as well as their cooperation with the UAE. The president of Brazil, Jair Bolsonaro, will speak remotely.
According to UN Fund, rising food prices and shortages of staple crops jeopardize supply, particularly to the most vulnerable countries. Egypt and Lebanon import most of their wheat from Russia and Ukraine.
The Egyptian government will offer an incentive to local farmers selling wheat to the Ministry of Supply and Internal Trade.
