For the free trade agreement between Mercosur and the United Arab Emirates to progress, online meetings are set to occur in July and August, as well as an in-person negotiation in September. Finalization and signing of the deal are scheduled to November, during the G20 summit in Rio.
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Investments in the Al-Baha region include coffee cultivation and a fruit nursery aimed at reducing dependence on imported food.
Brazilian foreign minister Mauro Vieira and his Tunisian counterpart Nabil Ammar met in Rio de Janeiro on Friday, when they signed a memorandum of understanding between the Rio Branco Institute and the International Diplomatic Academy of Tunis.
Foreign Affairs, Migration and Tunisians Abroad Minister Nabil Ammar launched on Thursday (11) in São Paulo a commercial and consular office of the Embassy of Tunisia in Brazil. In his visit to the Arab-Brazilian Chamber and talks to the press, he spoke of Brazil-Tunisia relations, BRICS, and fertilizer and olive oil exports.
Oil giant netted USD 1 billion more than expected from a secondary share sale in response to demand from investors.
Real estate sales in June amounted to USD 298 million, with 285 transactions, and Al Dhaayen, Al Rayyan and Doha municipalities topping the most active transactions.
In a speech at the Mercosur summit in Paraguay, the Brazilian president mentioned the launch of talks with the UAE for an agreement with the bloc and Brazil’s ratification of the agreement with Palestine.
Brazil deposited an instrument ratifying the Free Trade Agreement between Palestine and Mercosur on July 3, causing the treaty to come into effect between the two countries within 30 days. Brazil’s Foreign Ministry says the agreement is a tangible contribution towards an economically sound Palestinian state.
Brazil shipped an average volume of 431,400 tonnes in the first quarter of 2024 compared to 428,000 tonnes last year. June’s and first quarter’s results were down, though, although Saudi Arabia and the United Arab Emirates stepped up purchases.
Central Bank expects inflation to fall below year-on-year 7% in the second half of 2024 and continue to gradually ease.
Canada-headquartered company is now fully owned by Brazil’s Seb group. School network plans on being operational in 39 countries by 2025.
Brazilian company was established in 2018 and has since sold kitchen, bathroom and living room products to consumers in 15 countries. Quick-drying shower mat is a favorite of Arab customers.
Mubadala Capital is the controlling company of ATG, which will manage the venture in Brazil’s Rio de Janeiro. Early trials are planned for later this year.
Since 2021 Mag Halat has designed women’s clothing. Muslim women living in Brazil are the leading buyers of the garments that cater to these audience with a modern twist.
