Agreen and Orange were some of the Egyptian exhibiting companies at trade show Fruit Attraction that took place in São Paulo earlier this week. The former already caters to Brazil and wants to boost business, while the latter participated in the show to start exploring the country’s market.
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Non-oil foreign trade through the emirate grew during 2023 compared to 2022.
Event in the Arab-Brazilian Chamber of Commerce on Thursday (18) discussed the relevance of digitizing rare documents and the process to access a collection on the immigration.
Speaking at the opening of FAO conference for Africa, Director-General Qu Dongyu noted that Morocco is a leading regional model for the transformation of agrifood systems.
National Treasury of Brazil was awarded by the Latin American Bond Awards for last November’s issuance of sustainable bonds that raised USD 2 billion.
Microsoft is to invest the amount in Abu Dhabi-based artificial intelligence firm G42, the companies said on Tuesday (16).
The latest report on global prospects published by the International Monetary Fund says that inflation is slowing but its risks remain. Brazil is projected to grow by 2.2 percent.
Tourism board of the Arab country participates in WTM Latin America with ten companies offering packages to people interested in the pilgrimage tourism to the Holy Land.
According to a World Bank report published on Monday (15), MENA economies are expected to post a lackluster growth in 2024. Oil importing countries face rising indebtedness.
Average price of the tonne of beef shipped from Brazil in March was 4.5% lower than a year ago. Beef industry group Abrafrigo reported that the United Arab Emirates was the third leading destination of the product.
Public irrigation projects allowed the growth of 4.11 million tonnes of foods in Brazil in 2023, up 71,800 tonnes from 2022, Codevasf reported. Fruit farming is a highlight.
Brazil doubled sugar sales to the Arab market in Q1 and stepped up iron ore exports by 43%, driving up the revenue. Imports of Arab products declined.
A group of startups affiliated with the G20 will have their second meeting in Brazil next week. Delegations from 23 countries have confirmed their participation in the meeting in Rio, including two from Arab nations.
Following 15 years in Kuwait, a local partner is expanding his operation in the Arab world. A second branch store will open in the UAE later this year.
