Banco do Brasil’s new facility will power up 100 of its branches.
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As of May, warehouses and cold storage chambers will require halal certification. The change applies to Gulf countries such as Saudi Arabia and the UAE.
Brazil’s Banco do Brasil and Caixa Econômica Federal announced that financing will be made available to businesses whose finances take a hit from the pandemic.
Food trade balance in the Arab country posted surplus in the first two months of 2020 due to drop in the value of some imports.
The information is from a study conducted by the University of São Paulo’s Center for Advanced Studies on Applied Economics (CEPEA), in partnership with the Arab Brazilian Chamber of Commerce.
The United Nations Food and Agriculture Organization (FAO) recognized the Sempre-Viva flower picking system in Minas Gerais, Brazil to the list of Globally Important Agricultural Heritage Systems.
The emirate’s trade balance posted a 5.4% decline. Manufactures topped the list of most imported merchandise.
The administration announced the measure in a bid to address the international oil price slump. The country is highly dependent on oil exports.
The free show is part of the schedule of ‘Ancient Egypt – From Everyday to Eternity,’ an exhibition currently taking place at Centro Cultural Banco do Brasil (CCBB).
Quality Standard LTD joined the Anufood Brazil expo in a bid to get into South America. It already sells its product to 23 countries.
The Tanmiah Food Group processes beef and poultry in the UAE and Saudi Arabia. Its plans include stepping up protein imports from Brazil and finding partners whose product can be processed at the Group’s facilities and sold under the original Brazilian brand.
Saudi oil company reported last Tuesday (10) it would produce 12.3 million bpd starting April but increased its projection to 13 million barrels on Wednesday (11).
The first two months of the year saw 246,932 60-kg bags shipped to Arab countries, down 15.2% from January and February of 2019.
Company reported to the Saudi stock exchange on Tuesday (10) it would increase output starting April. Gulf markets rebounded.
