The Arab country recorded a lower price increase in May compared to April. Transport prices have decreased. There was also deflation in clothing and footwear.
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UNHCR said in a report that the number of people displaced by war, violence, persecution, and human rights abuses hit another record, capping a decade-long rising trend.
Bachir ice cream opened in the Moema neighborhood in São Paulo six months ago. The company has over 50 stores on Lebanese soil and two in Paris, France.
An IMF report points out that the Arab country is seeing an economic recovery due to policy actions to mitigate the impact of the pandemic and support households, as well as increased hydrocarbon prices.
Brazil’s president Jair Bolsonaro announced a cut in import tax rates from 16% to 12% on video games, consoles and accessories starting in July.
Nitro is showcasing its solutions for printing inks at the Middle East Coatings Show, which opened this Tuesday (14) in the United Arab Emirates.
The International Energy Agency reported that demand is likely to rise to 101.6 million barrels per day in 2023, driven by Chinese demand.
The Mysteries of Ancient Egypt and Holy Land Itinerant Museum is exhibiting its collection at Plaza Sul shopping mall until August 8. Notable pieces are the replicas of Tutankhamun’s sarcophagi and the busts of Nefertiti and Cleopatra.
A traditional Egyptian company that works with Brazil is now operating as a trading company to expand the range of traded products and business possibilities. Its focus is on working according to the customer demands.
The financial institution won the Central Banking Awards 2022 for its data sharing project.
The total volume for the month was 429,600 tonnes. Year-to-date, shipments totaled about two million tonnes. The United Arab Emirates and Saudi Arabia were among the main buyers.
In a lecture on the global economy, publicist and CEO of S4 Capital, Sir Martin Sorrell, said data analysis is essential for the digital sector, which is growing beyond traditional media outlets.
At the opening of the Brazil Investment Forum 2022, president Jair Bolsonaro and Economy minister Paulo Guedes presented Brazil as one of the most promising countries for foreign investment in the current global framework.
Brazil’s trade surplus of USD 4.9 billion was the lowest for the month of May since 2019.

