Official figures show Brazil’s GDP grew by 1% in the first three months of 2022 over the previous quarter and 1.7% compared to the same period in 2021.
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A survey by the National Confederation of Industry has shown that the rising input costs was above the expectations of most Brazilian companies in March.
Brazilian hookah ceramics company Thermoceram will have a distributor in Dubai. Ziggy, which markets hookah essences, made good contacts and is considering opening a point of sale in the UAE. Both brands showcased their products at World Shisha Dubai.
The Arab countries bought USD 5.2 billion in Brazilian products year to date through April. High commodity prices drove the results up, but Brazil has also shipped larger volumes of soybeans, maize and wheat to the region.
Poultry genetic material shipments from Brazil totaled 5,100 tonnes from January to April. Day-old chicks and fertile eggs, among others, were exported.
The studies of engineer and researcher Youssef Morghi collaborate on preventing accidents in nuclear power plants. In Brazil since 2015, he has been pursuing a career in the country.
The Arab country reported a 107% increase in revenue from international sales in April compared to the same month in 2021. The trade of gases such as LNG was the most significant factor in the increment.
The Brazilian mission to Kuwait was received at the Kuwait Chamber of Commerce and Industry this Thursday (26). Among the topics discussed was the need to advance bilateral relations to the level of cooperation, investments, and partnerships.
In an interview with ANBA in Egypt, where he was on an official mission, Brazil’s secretary for Strategic Affairs said that the government works for facilitating investments in the country.
Egyptian prime minister Moustafa Madbouly received Arab Brazilian Chamber of Commerce and Union of Arab Chambers heads last weekend in Cairo.
According to the IMF, products such as food have been strongly impacted by inflation in the Middle East and North Africa region.
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.
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.
