The data refer to May and the year-to-date total, according to information from Abimaq.
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Ambassador Qais Shqair writes an article discussing the ongoing connection between Brazil and Arab countries, as well as the efforts of the Arab-Brazilian Chamber in this regard.
Nabil Lakhal leaves the Latin American country after a year and a half in office and an increase in trade exchanges. A dinner held in Brasília marked the diplomat’s farewell and the arrival of representatives from Oman and Mauritania to the country.
The country needs to increase its purchases of the product on the international market. The federation is meeting with potential trade partners also in search of frozen beef.
A survey conducted by the IMF shows that consumption, government investments, and job creation are responsible for the expansion of the Gulf country.
Khadlaj launches 13 fragrances featuring ingredients such as sandalwood, oud, and amber, through a partnership with importer BR Brand.
The GDP of the Arab country grew less in 2024 but is expected to advance this year based on the performance of the oil sector. Public spending also supports part of Libya’s economy.
Brazilian companies increased their exports to the Arab country last month. The leading products shipped were sugar and meat.
Brazil’s trade flow with the Arab country is based on food and fuels. Despite a 5.4% decline in trade over the first five months of the year, it grew last month.
LIDE Group is organizing a meeting in Marrakesh to discuss expanding investments and strategic partnerships in sectors such as technology, tourism, agribusiness, and more.
Banco do Brasil signed an agreement with a World Bank agency that provides support for smaller enterprises to finance foreign trade operations, sustainable production, and renewable energy projects.
The Secretary-General of Brazil’s Foreign Ministry met with the ambassador of the Arab country to Brazil to receive copies of his letters of credence.
A memorandum of intent is expected to be signed in October with the Abu Dhabi Fund for Development. The goal is to attract investments to Ceará state’s capital.
In 2024, the North African country received USD 936 million in investment from foreign companies or institutions, according to UNCTAD.
