The Brazilian National Agency for Petroleum, Natural Gas, and Biofuels approved opening a public consultation to change a resolution and allow foreign companies to indicate areas for bidding in the sector.
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Ramax specializes in halal animal protein and operates in countries like Brazil and Lebanon. The brand now pays receivables in advance and offers letters of credit for small Brazilian suppliers.
The Arab Brazilian Chamber of Commerce and the state of São Paulo’s Agency of Promotion of Competitivity and Investments signed an agreement with the main focus of jointly working to attract Arab investments to the state of São Paulo.
In July, Brazilian coffee exports fell 13% compared to the same month last year. The sector entity informed there are obstacles such as increased freight costs, cancellation of bookings, and disputes for containers.
Tanmiah, a Saudi halal poultry and food producer, wants to reach new markets. The company raised USD 107 million in an IPO last week.
From January to July 2021, the shipped volume declined. However, revenue from foreign sales grew. Egypt was the fourth largest buyer.
The event will bring together producers, sellers, national and regional brand representatives, as well as coffee lovers and connoisseurs. Brazilians can register to exhibit, and coffee growers can send samples of green coffee.
Data is measured by the Brazilian Confederation of Goods Trade, Services, and Tourism. The index reached 68.4 points and has had its highest level since April.
Experts describe what changes COVID-19 has brought to international commodity trading and what processes and behaviors have come to stay.
The technology is one of the answers for the challenge of producing enough clean energy for the demands of the society. Both Arab countries and Brazil have the potential to develop this energy model and even signed a partnership.
Companies are paying more for shipping their goods by sea to other countries. Freight transport to the Arab world has also gotten more expensive.
The World Bank projects that the country’s economy will contract further, on the back of a 20.3% contraction in 2020.
Representatives of the Arab Brazilian Chamber of Commerce office in Dubai were received at the Ras Al Khaimah Chamber of Commerce and Industry and discussed how to bring business people from Brazil and the emirate together.
According to a Central Bank indicator, the economy picked up in Q1 2021 from Q4 2020.
