KIPIC, a subsidiary of Kuwait Petroleum Corporation, will implement technologies and processes to increase Al-Zour’s output capacity.
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The emirate imported USD 2.1 billion worth of food and agricultural products in 2018. The sum is down marginally from 2017 numbers.
Purchases of chemical products from other countries came out to USD 20.4 billion in the first half of the year, up 6% year-on-year.
An event will address doing business with the region starting 9 am. Arab Brazilian Chamber secretary-general Tamer Mansour will discuss opportunities in the Middle East and North Africa at 9:50 am.
Federal revenue reached almost USD 32 billion in the month, up 4.7% from a year ago, when the truckers’ strike impaired collection.
Industry association Abimde hosted a seminar on international markets at the Arab Brazilian Chamber offices in São Paulo. Going global is key to keeping business flowing steadily.
The new process will save the Brazilian food company USD 130,000 and 72,000 cubic meters of water a year.
After sliding for 20 straight weeks, the 2019 economic growth projection from respondents of a Brazilian Central Bank poll edged up to 0.82%, up from 0.81% as of last week.
After dropping to USD 11.5 billion late last year, foreign holdings in Egyptian treasuries increased again.
Event will occur on the 30 at the Arab Brazilian Chamber, with lecturers from the entity itself, the law firm Souto Correa Advogados, and the certification company Intertek.
In his first time visiting the Arab Chamber, Wellington Dias discussed potential partnerships in clean energy, infrastructure and education. He and the organization also agreed to undertake joint efforts.
Gross Domestic Product (GDP) in the country is expected to grow 1.9% in 2019 from 2.2%, and then strengthen to 3% in 2020.
The Industrialist Confidence Index climbed 0.5 percentage point in July, to 57.4 points, however perception of the current economic scenario remains negative.
The 140-plus-store Brazilian açaí franchise chain plans on adding two more units in the emirate and ones in Riyadh and Jeddah, Saudi Arabia, before the year is over.
