The Brazilian engine manufacturer from the state of Santa Catarina signed a partnership with the Algerian group Cevital to produce and sell motors for washing machines in the city of Setif.
Browsing: Economy
The Moroccan statistics agency projected a 1.3% increase in the country’s GDP in 2022 and a higher percentage in the next.
The Brazilian Ministry of Economy revised the growth estimate for the country to 2% in 2022. The previous projection was 1.5%.
The Arab country reported 15 new investment projects in the first half of 2022, totaling TND 2.23 billion. Most are in the industry, services, and energy sectors.
A report published by the Inter-American Development Bank and The Economist newspaper placed Brazil in the ‘developed’ category for public-private partnerships.
The oil company finalized the sale of 51% of its stake in Gaspetro to Compass for USD 394. The sale is part of a commitment to promote competition in the natural gas sector in Brazil.
Brazilian industries shipped 7.5 million pairs of shoes abroad in the first half of 2022. In addition to the increase in volume, there was a 67.5% growth in revenue.
For the secretary-general of the Islamic Chamber, Brazil could grow its halal market in sectors such as tourism and cosmetics. The executives were received at the Arab Brazilian Chamber headquarters in São Paulo.
Arab delegation in Brazil was welcomed by the president of the Federation of Industries of the States of São Paulo and discussed the need for Brazil-Arab relations to go beyond trade.
Representatives of South American entities signed a letter of intent to work together for the development of the chambers.
About 50 Brazilian entrepreneurs learned more about the trade possibilities with Egypt presented by the delegation from the Arab country in São Paulo.
The panel ‘Corporate Governance in International Operations’ at the Economic Forum Brazil & Arab Countries discussed best practices adopted by internationally competitive companies.
The event aimed at Egyptian and Brazilian businesspeople will take place next Tuesday (5) in the city of São Paulo. The meeting will bring together executives on the day after the Economic Forum Brazil & Arab Countries.
The director-general of the Lebanese Ministry of Agriculture, Louis Lahoud, is on an official trip to São Paulo and visited the Arab Brazilian Chamber headquarters alongside the consul general of Lebanon to São Paulo, Rudy El Azzi. The Arab country could increase fertilizer exports to Brazil.
