The International Monetary Fund (IMF) said that notwithstanding the pickup in growth, continued efforts to address water scarcity and enhance governance are essential to bolster Morocco’s growth.
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Rating agency Moody’s maintained the Ba2 credit rate but revised the outlook to positive, meaning it could be raised in the future.
Abicalçados projects a decline in Brazilian footwear exports this year. China has returned to the market with full strength since the pandemic and increased its sales to Arab, Latin American and African countries.
Reported investments to the Tunisian Investment Authority were up in the first quarter of 2024, compared with the same period in 2023.
Middle East and Japan are the leading target markets of the poultry and egg producer. The halal-certified company will participate in September’s Gulfood Green in Dubai.
Mission from Brazilian government was in Morocco to participate in agricultural exhibition SIAM and to hold meetings with officials. Brazil promised to open market to Moroccan mandarins and is negotiating tariff rate quotas to export beef and poultry, which face high rates to enter the Arab country.
Saudi Arabia greenlighted seed imports from Brazil in March. The Brazilian sector sees potential in exporting seeds of tomato, eggplant, cucumber, pepper, and sweet pepper to the Arab country, which is a major consumer of vegetables.
Event is held by the Ministry of Tourism and seeks to develop the sector through trade and partnerships.
Brazil’s Minister of Environment participated in event in Berlin with the presidents of COP28 and COP29, and climate officials. How to fast-track the enforcement of the Paris Agreement was part of the discussions.
Brazilian company redesigns plants and products based on the requirements of the halal market. As it has gained in quality, it now aims at exporting premium honey to Muslim-majority countries.
Government agency Conab expects a smaller sugarcane crop but a largest sugar production as the market is favorable.
Brazilian tech clothing brand has already exported to the United Arab Emirates, Morocco, and Saudi Arabia, and plans on reaching more markets in the region. Quick-drying, sweat-absorbing and temperature-regulating apparel are designed for hotter countries.
Seminar on translation held by the National Library of Brazil presented data showing a growth in the foreign demand for translating new Brazilian authors.
The residence of Brazil’s ambassador to Lebanon will welcome the public for guided tours in May aiming to foster appreciation for Brazilian architecture. The building was designed by Olavo Redig de Campos. The premises feature a sculpture by Bruno Giorgi.
