After a visit to the country and discussions with Kuwaiti authorities, the International Monetary Fund says the economy is projected to contract by 1.4% in 2024.
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Company has expanded its production of dry and wet pet food to cater to both the domestic and international market, the latter accounting for 10% of its business. Exports reach Arab countries.
Brazil’s agriculture and livestock minister Carlos Fávaro had a meeting with Arab ambassadors on Wednesday (8) in Brasília, when demands for investments and technological cooperation between the regions were discussed. Arab-Brazilian Chamber participated. Fávaro announced agricultural attachés in two more Arab countries.
The 2025 cycle is open for submissions until June. The prize accepts submissions in multiple languages, including Portuguese, and has increased its funds from USD 3.6 million to USD 5.9 million.
Five Tunisian companies will exhibit at APAS Show to take place in São Paulo next week. Tunisia’s ambassador to Brazil, Nabil Lakhal, talked to ANBA on the participation. Arab country will showcase mostly dates and olive oils, products it is internationally renowned for.
Arab countries have offered their solidarity over the tragedy brought about by rainfall in Brazil’s southernmost state of Rio Grande do Sul. Argentina and Uruguay have contributed with equipment and personnel. Portugal, the Vatican, Italy, Benin and other countries have sent their condolences to Brazil, too.
Emirate designed a tool to quantify the carbon emissions of local hotels and support the country in achieving net-zero emissions by 2050.
Processes that are now conducted via Siscomex LI/DI system will be carried out via the Foreign Trade Single Window starting October. Migration will be gradual, and the old tool will only be fully deactivated in late 2025.
Brazilian manufacturer celebrated the delivery of the 1,800th E-Jet production aircraft. The jet was received by lessor Azorra and will be operated by the Royal Jordanian Airlines.
Humanitarian situation in the Arab country remains difficult with over half of the population facing food insecurity, and a contracted economic activity caused by the halt in oil exports.
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.
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.
