The Arab country established a Council for Digital Economy and seeks to increase the contribution of the sector to the GDP to 20% over the next 10 years.
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The Egyptian Ministry of Finance is studying a proposal that would oblige payments shipping agents to settle payments of taxes like floor fines at Egyptian ports in Egyptian pounds rather than in US dollars
In a mission to Brazil, the CEO of Dubai Multi Commodities Centre has visited Minas Gerais, Espírito Santo and São Paulo. In the headquarters of the Arab Brazilian Chamber, he addressed businesspeople and talked about what he wants from the relation with the country in sectors such as coffee and marbles.
Owned by a Lebanese Brazilian family, Tanabi-based furniture business JB Bechara has changed its processes, prioritizing diversity, social action and sustainability. Furniture is its focus since the arrival of the immigrant great-grandparent in 1921.
Brazil’s bank provided a USD 7 million credit to the company Cipalam requiring a commitment to run inventory of greenhouse gas emissions.
Research shows that municipalities that are tourism hubs or commodity-exporting hubs are contributing to the reduction of unemployment in the country.
The Brazilian industry shipped 13 million pairs of shoes in March, with a sharp increase in volume. Demand from the United States has gone up.
Agricultural leaders from countries like Djibouti have demanded greater access to technology and financing. They believe Brazil could be a strategic partner.
The Egyptian market has been experiencing a surge in poultry protein prices in recent weeks, limiting purchases during Ramadan, a period when they usually increase.
The International Monetary Fund reached an agreement with Lebanon for a four-year extended fund facility that will however only get full approval if the Arab country enacts a series of reforms.
Dubai Multi Commodities Centre executives are visiting Espírito Santo, Minas Gerais and São Paulo this and next week. They will join B2Bs and meetings with authorities as well as visiting production projects. Seminars will take place in the capital cities of the three states.
According to the Brazilian National Supply Company, 269.3 million tonnes of grains are expected to be harvested in Brazil in 2021/2022. The most significant volumes will be soybeans and maize.
Alexandre de Gusmão Foundation president Márcia Loureiro visited the Arab Brazilian Chamber to discuss a collaboration in developing content that could deepen the knowledge between Brazil and the Arab world. FUNAG operates in intellectual production regarding topics such as diplomatic history and foreign affairs.
Together with Ministry of Economy and SEBRAE, Anprotec selects up to 300 small-sized enterprises based in Brazil to implement innovative business ideas. Registration is until Sunday (10).
