Statistics body Conab projects national coffee production at 67.6 million bags, up 19.6% from last year and the highest level in the historical series.
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OECD projects 2.9% growth for the global economy this year. The organization says countries weathered the energy supply shock from the Middle East conflict better than expected.
The two Arab countries have officially launched their bids for a non-permanent seat on the United Nations Security Council.
Country inaugurates gas processing unit for use at the Bismayah thermal power plant. The facility will produce 30 million cubic feet per day.
In his opening address to the United Nations General Assembly, the Brazilian president also said settlements in the West Bank reduce the prospects for a two-state solution.
IMF says the North African country has responded swiftly to economic challenges posed by regional turmoil.
Imports, however, are declining, mainly due to lower purchases of nitrogen fertilizers and refined petroleum.
Saudi company CEER, established by the kingdom’s sovereign wealth fund, has launched sedan and SUV versions under the Exobot brand. The new models are part of a broader lineup of vehicles to be launched over the next five years.
According to UNCTAD, 61 net importers of energy and cereals are severely affected by disruptions to shipping through the Strait of Hormuz amid the war in the Middle East.
A delegation from the Arab country visited facilities in Pernambuco to learn about natural resource management techniques in Brazil’s semi-arid region.
Speaking at the IAEA conference, Saudi minister discusses the country’s diversification of energy sources and the discovery of 114 million tons of ore containing concentrations of rare earth elements and uranium in the Madinah Region.
Brazilian Agriculture Minister André de Paula’s agenda in the Arab country includes participation in a business seminar, a visit to a fertilizer company and meetings with local authorities.
Xodó da Amazônia’s açaí coffee drew interest from Arab importers at business meetings held in São Paulo last month. The company is banking on the product’s sustainability to export.
Commodity prices jumped on Monday (14), as the conflict in the Middle East affected transportation and distribution channels.
