Wheat production has been growing significantly in Brazil in an effort for self-sufficiency and possibly increasing exports. New regions are harvesting the cereal, but the southern states still account for most of the output expansion.
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Plant milk is an untapped sector in the Arab region, says businesswoman Maria Eduarda Becker, who owns a specialty coffee brand in Dubai. The market is expected to reach the value of USD 123.20 billion by 2029, a survey says.
A report by Invesco pointed out an uncertain global scenario is leading sovereign funds in the region to reassess investments. Investors are decreasing participation in Europe, and the private sector has gained preference.
The Brazilian engine manufacturer from the state of Santa Catarina signed a partnership with the Algerian group Cevital to produce and sell motors for washing machines in the city of Setif.
The Brazilian Portuguese translation of The Little Lantern is available to pre-order on the website of publishing house Tabla, which will host a livestream on the author on Wednesday (20).
Last week, the Brazilian Senate approved a draft resolution to establish a group of parliamentarians from Brazil and Bahrain. It was promulgated this Friday (15).
The Moroccan statistics agency projected a 1.3% increase in the country’s GDP in 2022 and a higher percentage in the next.
Brazilian exports to the Arab nations decreased and revenue from July 2021 to June this year dropped. The cycle was of lower production, but the Arab bloc also diminished its share.
The Brazilian Ministry of Economy revised the growth estimate for the country to 2% in 2022. The previous projection was 1.5%.
The Arab country reported 15 new investment projects in the first half of 2022, totaling TND 2.23 billion. Most are in the industry, services, and energy sectors.
A report published by the Inter-American Development Bank and The Economist newspaper placed Brazil in the ‘developed’ category for public-private partnerships.
Startups linked to sectors such as water technologies, energy, design, architecture, transportation, and logistics are eligible to apply. The project is open for applications until August 16.
Eight companies from Egypt and the UAE participated in a business mission organized by the Arab Brazilian Chamber last week in São Paulo. Appointments provided a better understanding of the market, information on investments, and a network of contacts.
The oil company finalized the sale of 51% of its stake in Gaspetro to Compass for USD 394. The sale is part of a commitment to promote competition in the natural gas sector in Brazil.
