The company, founded by Brazilian Thais Carballal, has been exporting clothing for children of various ages to the Arab country since 2017.
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Data from the trade balance in the sector shows a surplus equivalent to USD 435 million.
The agreement includes investments in artificial intelligence, training, emergency response, and automation. Edge Group is headquartered in Abu Dhabi and operates in the defense industry in Brazil. Ambipar specializes in environmental management.
The company signed an agreement for land reservation with the Royal Commission for Jubail and Yanbu. The project aims to establish a mega hub in the industrial city of Ras Al Khair.
Estimates from the National Bank of Kuwait indicate expansion of the country’s non-oil GDP.
Brazil’s corn exports to Egypt alone grossed USD 1.1 billion in 2024.
According to Brazil’s Mines and Energy Minister Alexandre Silveira, mining company Ma’aden plans an estimated USD 1.3 billion in Brazil. President Lula invites the Saudi prince to visit the country.
Among the top five destinations of the product’s exports, four are Gulf countries. The United Arab Emirates is the largest client.
State-owned lands will be allocated for agricultural use aiming to enhance food security and even export food.
In the full year tally for last year, the United Arab Emirates was the primary Arab destination of Brazilian shoes, followed by Libya and Lebanon. Iraq and Qatar were the only countries to increase their purchases.
The Brazilian minister of mines and energy, Alexandre Silveira, signed a memorandum of understanding for mining development and investments.
Erth Zayed Philanthropies will allocate USD 40 million to support initiatives involving the planting of date palms in Bahia state and combating plastic pollution in the Amazon.
The two Arab countries ranked among the top five largest importers of eggs from Brazil in 2024.
Data released by Brazil’s Ministry of Agriculture and Livestock show that the United Arab Emirates and Egypt were the top Arab clients of Brazil’s agribusiness. Exports to the Middle East and Africa grew.
