Beef prices reach unprecedent levels in the Egyptian market, with weekly increases caused mainly by increasing cattle feed prices.
Browsing: Economy
Vegetable and meat prices saw the highest jumps.
Finance minister says this reflects the foreign investors’ confidence in the robustness of the Egyptian economy.
Figures released by Abraciclo point to a year-on-year recovery in September’s motorcycle exports.
A law sanctioned last August is bound to streamline doing business in Brazil and benefit international trade.
Lina Mane participated in the SHEIN X program held by China’s online retailer Shein with young fashion designers.
In August, exchanges of goods and services and income transfers between Brazil and other countries resulted in a positive balance. It was the best performance for the month since 2006.
The sector faces challenges in trade flow due to lack of space on ships and containers but managed to increase international shipments in the first eight months of 2021.
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.
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.
