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.
Browsing: Economy
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.
The Brazilian industry shipped 13 million pairs of shoes in March, with a sharp increase in volume. Demand from the United States has gone up.
The International Monetary Fund reached an agreement with Lebanon for a four-year extended fund facility that will however only get full approval if the Arab country enacts a series of reforms.
The cosmetics company founded in Brazil by an Egyptian prepares to return in full force by the end of 2022.
A bill being discussed in Brazil’s Chamber of Deputies plans on increasing financing options for value-added exports like aircrafts and electronics.
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.
