Arab Chamber president Rubens Hannun said that investments in production autonomy in the Arab countries have been frozen due to coronavirus. He talked at the Agro 360 show on the Terra Viva channel.
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The oil company saw net income slide by 25% in the first quarter, but results were still robust, with USD 13.4 billion in dividends paid.
Business owner Julia de Biase’s Royal Queen Açaí brand has sold about a ton of product made in São Paulo using açaí from the state of Pará and dates from the UAE. The mix will be resold online in the UAE.
The International Monetary Fund’s Executive Board confirmed that it will supply emergency support to help address the economic impact of the pandemic.
E-commerce website ‘Eu Amo o Líbano’ – Brazilian Portuguese for ‘I Love Lebanon’ went online this month, selling everything from T-shirts with sayings about Lebanon and jewelry depicting cedars to Château Kefraya wine.
Brazilian poultry shipments increased year-to-date through April, driven up by the Middle East, Africa, and Asia.
Brazil’s Agriculture, Economy and Health ministries released a guide for meat and poultry processing and packing facilities to prevent coronavirus infection among staff.
African Arab country will receive an emergency financing of USD 43.4 from IMF to reduce the negative effects of the pandemic on the balance of payments. Djibouti posts lower exports of services and investments.
The Arab Brazilian Chamber of Commerce is hosting on Wednesday (13) an online conference on Brazilian-Arab relations and the new global scenario brought about by Covid-19, featuring VP Hamilton Mourão.
Terra Viva channel will air the show ‘Agro 360 – The diversification of Brazilian exports to the Arab world’ next Monday, May 11, at 8:30 pm (BRT). Arab Chamber will be featured.
In a webinar hosted by Brazil Export, Arab Brazilian Chamber of Commerce secretary-general Tamer Mansour discussed the relevance of trade relations between Brazil and the Arab countries.
United Nations tripled its appeal to combat the spread and destabilizing effects of the coronavirus pandemic, mainly in Africa and Latin America.
Such was the amount from foreign sales of petroleum from January to April. Political instability caused a drastic drop in output.
FAO index points out a sharp fall of 3.4% in food prices last month on March. Sugar prices plunged by 14.6%.
