Petrobras’ Nitrogen Fertilizer Plant III (UFN-III), located in Três Lagoas in Mato Grosso do Sul state, will receive USD 1 billion to complete its construction.
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The country has signed agreements with the OPEC Fund for two projects: one aimed at protecting the most vulnerable groups in the country, and another focused on climate-resilient infrastructure, food security, and the rural value chain.
Amazonbai will be responsible for shipping 10 metric tons of açaí produced by communities in northern Brazil to Algeria by the end of this year. The product holds sustainability certifications.
Sohar, North Al Batinah Governorate, will host three days of Mango Extravaganza 2026, featuring a mango exhibition, presentations of agricultural solutions, and discussions focused on fruit cultivation.
Iraq’s Ministry of Oil announced plans to restore production and exports to pre-war levels, giving priority to shipments through the country’s southern ports.
The Brazilian brand brings scrubs, oils, and soaps inspired by the Mediterranean and Arab worlds to the market. The company was founded by Daniela Sucar Dib, of Syrian and Lebanese descent, based on memories from her travels.
Presidents Luiz Inácio Lula da Silva and Abdel Fattah El-Sisi met on Wednesday (17) on the sidelines of the G7 meeting, which they attended as invited guests.
FAO report says global fertilizer trade declined in the first four months of the year due to the conflict in the Middle East. Prices rose by an average of 25%.
Founded in August 2020, Multipla Comex specializes in exotic fruits such as loquat, plum, and atemoya, and now exports Brazilian fruit to Qatar, Lebanon, and Saudi Arabia.
The United States and Iran said they had reached an agreement to halt hostilities and reopen the Strait of Hormuz. Markets reacted positively to the announcement.
The institution says economic activity in the Middle East and North Africa will be affected by regional conflict. Growth is expected to slow from the 4% projected for 2025.
Data from Brazil’s Ministry of Development, Industry, Trade and Services show a 0.7% increase in exports and a 21.5% decline in imports compared to the same period in 2025.
A survey by Visa highlights the growing use of artificial intelligence in purchases made by consumers in the UAE. Among respondents, 93% said the technology makes shopping faster and easier.
Ali Mohamed Al Marzooqi, chairman of the Emirates Franchise Association, said a growing number of franchise brands are choosing the country for expansion and outlined efforts to help Emirati brands enter global markets.

