Consumer price for a kilo of sugar has exceeded USD 1.78 in the Egyptian market. Industries suffer from its lack of supply, and the government could act to curb the prices.
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At a meeting in Riyadh, the president of Brazil and the crown prince of Saudi Arabia discussed strengthening relations between their countries. The Arab nation’s sovereign wealth fund is expected to invest USD 9 billion in the Brazilian market over the next seven years. The presence of Brazilian companies in Saudi Arabia was also one of the topics.
Supermarkets of the chain held a promotion campaign of the Date Crown dates in November. The product was the bestseller in the Fruit & Vegetable section.
The Saudi crown prince and prime minister welcomed the Brazilian president and his delegation at the royal palace this Tuesday evening (28). Ministers of Energy of Brazil and Saudi Arabia signed an agreement.
The Brazilian president will meet with the Saudi crown prince. Ministers accompanying him on the trip met with Saudi authorities and discussed energy, infrastructure, and food security investments.
The World Expo is set to take place from October 2030 to March 2031. Riyadh was chosen on Tuesday (28) over Busan and Rome.
For nearly 10 years Youssef Harmali has imported and sold products from his country of origin. The Argan oil and the Rhassoul clay are a hit among Brazilian women.
The United Arab Emirates, the host country of the COP28 that starts on Thursday (30), has initiatives focused on sustainable food production. One of them is the Bustanica farm that can produce some 1,000 tonnes annually.
A survey by the Brazilian Confederation of Industry (CNI) showed that among industrial companies in the country, 89% have measures in place to reduce solid waste. They also optimize energy consumption and water use.
The North African country opened its market for Brazilian poultry in October. Negotiations to reduce tariffs to close to zero are already underway.
The Emirati minister of International Cooperation, Reem Al Hashimy, gave an interview to the Emirates News Agency (WAM) about the preparations for COP28 and spoke about how she sees Brazil’s role in the climate issue. “The UAE and Brazil do have a strategic and special relationship that we are committed to growing and deepening further,” she also said.
The Brazilian food service inputs and equipment industry sells to countries in the region that value product quality and after-sales.
A mission organized by Brazilian Ministries with support from the Arab-Brazilian Chamber of Commerce will visit Kenya, Egypt, and Ethiopia from December 6 to 15. Business meetings and seminars will be an opportunity to showcase Brazilian know-how in producing food, plastics, toys, and cosmetics, among other products.
The institution expects a 3.6% growth in 2024 and 3.7% in 2025. For this year, the projection is at 1%.
