Led by Eusa Marques, the Brazilian brand transforms forest ingredients into shampoos, conditioners, and styling products, seeing the United Arab Emirates as a strategic opportunity for international expansion.
Browsing: News
Foreign investment grew 30.3% over 2024, surpassing the target for the period. France was the top investor in Tunisia.
The Brazilian government temporarily removed tariffs on 421 capital goods and IT products and 638 types of auto parts. Additionally, 20 industrial and agricultural inputs will now enter the country duty-free.
The International Monetary Fund released a funding tranche to the country and lowered its inflation forecast after analyzing the local economy. The institution estimates Comoros’ GDP will grow more in 2026 than in 2025.
The Arab country recorded real estate transactions worth QAR 1.73 billion in the first month of the year, with the capital, Doha, posting the highest volume of deals and the most valuable properties traded.
Brazilian exports to the Arab market grew 10% compared to January of last year, reaching a total of USD 1.98 billion. Imports are declining.
Founded in 2000, the Brazilian children’s footwear brand now exports 35% of its monthly production, with a strong presence in Latin America. Arab Gulf countries and Africa are also served.
Brazil’s National Treasury raised the amount through the issuance of two types of bonds—one with a 10-year term and another with a 30-year term—paying annual interest of 6.4% and 7.3%, respectively, to investors.
The Brazilian meatpacker invested USD 150 million in a business producing poultry, beef, and lamb in the Arab country, which also has a stake held by Oman Food Capital (OFC).
The Arab country is seeking support to rehabilitate its railway network, which is essential for economic growth.
The Gulf country was the top destination of Brazilian exports in January. Saudi Arabia was the third-largest customer, according to ABPA.
The Kuwait Foreign Petroleum Exploration Company, established by the Arab country to explore and produce oil abroad, acquired a 20% stake in a Brazilian pre-salt project from Shell Brasil.
With a positive biennial cycle, expanded planting area, and higher productivity, national crop agency Conab estimates Brazil’s coffee production at 66.2 million bags, surpassing the 2020 record.
The Ministry of Ports and Airports is conducting virtual and in-person presentations to potential buyers of the terminal ahead of the auction scheduled for March 30.
