The Organization of Oil Exporting Countries suggested its members to reduce output. The goal is maintaining prices in a scenario of lower demand due to the coronavirus.
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The disease outbreak has slowed down manufacturing in China, which is expected to reflect on countries it has economic relations with.
Interparliamentary cooperation seeks to strengthen the relations between the Brazilian Congress and the Arab countries and brings together 31 senators and eight congresspeople. Initiative is supported by the Arab Chamber.
Foreign sales of unprocessed and processed poultry from Brazil grew in February. Increased shipments to Libya stood out.
The items the Gulf country purchases from abroad the most are iron ore, aluminum oxide and four-wheel drive automobiles.
Beef shipments in February declined by 6% year-on-year. China reduced purchases.
Company shipped 238,000 barrels of fuel oils a day in February.
The Brazilian hair products company, which specializes in items intended for straightening, is looking to boost sales to the region.
Global exports of the product slid by 7.6% in January year-on-year.
The deputy minister for Foreign Trade reported that agri-food products, pharmaceuticals, reposition parts, and information and communication technology were chosen for the national strategy to promote exports.
ANBA visited The Camel Soap Factory in Dubai. Founded in 2013 by South African expat Stevi Lowmass, the company has its handmade soaps as Expo 2020 licensed products.
Four public hearings will be held to disclose details regarding 22 Brazilian airports.
Brazilian company Jacto said there’s a demand for innovative products in the Middle East, where the brand’s foothold is growing bigger.
Such was the hike in 2018/2019 from the preceding fiscal year, driven by the petroleum industry. The administration expects industry to be a major driver of GDP growth this year.
