Despite volatile agricultural input prices, Brazil is seen as a reliable food supplier.
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The first debate at the 5th Brazil & Arab Countries Economic Forum focused on the impact of Middle East conflicts on the global economy and alternative business solutions.
At the opening of the Brazil & Arab Countries Economic Forum, speakers said the relationship between Brazil and Arab countries could evolve beyond trade and highlighted challenges in the Middle East.
Year to date, Brazil has earned USD 161.4 million from exports to the Gulf country, while imports are declining.
Since Thursday (20), Uber passengers in Dubai may be picked up by a driverless Apollo Go vehicle from Baidu, operated as a robotaxi.
The country produced 14.8 million barrels of oil in the first half of the year, still far below pre-2011 conflict levels. Foreign partnerships are helping restore infrastructure.
Founded in Rio de Janeiro and known for its playful product names, such as the Rapunzel hair tonic, the haircare brand has accelerated its international expansion and is now available in markets including Morocco, Qatar, Kuwait and Saudi Arabia.
Data from the National Observatory of Agriculture show a trade surplus in Tunisia’s food sector, driven especially by a 43.4% increase in olive oil exports this year.
The UAE-based multinational, which holds the concession to operate the Syrian port, delivered three mobile cranes that will increase Tartous’ cargo-handling capacity by 40%.
Potential buyers of Brazilian agribusiness products from the United Arab Emirates and Qatar are part of the delegation invited to the trade show, which will take part in business meetings and technical visits.
Import company 52W buys the product from the Arab country and sells it to Brazilian retailers, distributors and food manufacturers.
In its second-quarter results, Brazilian multinational food processor reports higher profitability in the region and gains exceeding cost increases.
Abimapi data show growth in the industry’s exports in both value and volume. Shipments are expected to reach record levels this year.
Sonatrach and the Algerian Fertilizer Company signed contracts with Italian and Chinese companies to build production and port facilities for Algeria’s fertilizer project.
