Higher oil prices and improved domestic demand are expected to boost GDP growth in Kuwait in 2022. The government contained inflation by subsidizing food and energy prices to prevent the population from price hikes.
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Taking stock of 2022, the year when the Arab Brazilian Chamber of Commerce turned 70, its president Osmar Chohfi highlighted the record-breaking trade between Brazil and the Arab market, the launch of a halal project, the Economic Forum Brazil & Arab Countries, and the expansion of electronic customs clearance system Easy Trade.
This week, a trade mission with 43 companies from Egypt took place in Saudi Arabia. The Saudi market accounts for 7.5% of Egypt’s food exports.
Trees were planted in the Botanical Garden to mark the national date of Bahrain and Martyrs’ Day.
Petrobras started testing an equipment that mensurates the speed and direction of the winds at the ocean so that Brazil can produce wind power in offshore parks.
The Brazilian Foreign Trade Association projects a more significant decline in imports than exports from the country for next year.
The conference ended this Monday (19) in Canada with a deal signed between 190 states. The text includes important targets for halting biodiversity loss worldwide and resolutions concerning funding and monitoring.
Neom Green Hydrogen Co. signed agreements with a Saudi fund and banks to enable the implementation of a green hydrogen plant in the country. The project is expected to be the largest in the world and focus on exports.
Date Crown’s dried fruit can be found in the 43 wholesale club stores across the country. The brand’s dates are already found in Carrefour points of sale and are expected to enter the Big and Bompreço chains soon.
Purchases of agriculture and livestock products from Brazil by the Middle East increased in November, just as exports to Africa, by 39.2%.
Marking the beginning of the cooperation with South Korea’s startup Innospace, the Brazilian government will launch a rocket from the Alcântara launch center in northern Brazil on a test flight.
The sixth edition of the Sharjah Investment Forum will take place in February 2023. The event seeks to attract public policymakers, business heads, and decision-makers.
The Gulf country was the primary buyer of eggs in the accumulated result for 2022 and the second leading poultry protein shipments, behind only China.
An IBGE survey pointed out that in 2021 most of the major national extractive and transformation industries innovated in products or processes.
