The Brazilian food company acquired facilities in the UAE and Saudi Arabia and announced Mohamed Mahrous as regional CEO.
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The Arab country is expected to produced 295,000 tonnes this year, up 3.5%. Stone fruits include peaches, apricots, plums and nectarines.
The Arab country invites investors to participate in the event that will take place from May 15 to 16 in Damascus.
Global surging prices are caused primarily by the pandemic and the conflict in Ukraine. But challenges unique to Brazil contribute to a situation of high prices and high interest rates as well as a slow rebound of the economy.
Brazil recorded a current-account deficit of USD 2.4 billion in February, down from a year earlier.
A leading company in the Egyptian agricultural sector, Pyramids for Agro-Industries plans on starting exporting to Brazil. Its portfolio includes orange, lemon, tangerine, pomegranate, grapefruit, onions, sweet potato, strawberries, garlic, and others.
The Sudanese will implement a FAO project for planting trees to produce gum Arabic in a model to maximize the producers’ return.
This week, the two Arab countries signed agreements providing for creating green hydrogen production plants in Egypt. The project also aims to export byproducts.
The hookah event will occur on May 17 and 18 at the Festival Arena in the emirate. The Brazilian essence company seeks to enter new markets and internationalize. For visitors to taste the flavors, smoking will be allowed at the event.
A startup acceleration program was launched earlier this week by Algeria Venture in partnership with Google for Startups MENA. Fourteen Algerian companies will receive training.
The Arab country announced a 10-year agreement to purchase 50,000 to 100,000 electric cars of the Lucid brand, which is building a plant in the country.
Exports from Brazilian miners dropped 22.8% in the first quarter, mainly influenced by the decline in sales to China.
After getting through the pandemic, now Egypt’s food industry faces supply shortages. The situation is worrying given the demand of Eid, the holiday that marks the end of Ramadan.
Until Thursday (28), the second phase of ticket sales ahead of the Qatar World Cup is open on FIFA’s website.
