This week, a conference in Egypt between government and private sector representatives resulted in a document with guidelines for progressing the local economy.
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Tunisia, Palestine, Iraq, Syria, Sudan, Lebanon and Qatar are the countries involved in the titles. Other three films are co-productions with Qatar, an Arab country that has heavily invested in international productions. The festival runs until November 2.
Egypt’s Statistical Authority issued a report on people over 60 on the occasion of the International Day of Older Persons.
The Arab Brazilian Chamber of Commerce signed a cooperation protocol with the Arab Union of Customs Executives this week in Cairo.
The Arab Brazilian Chamber regional director in Egypt presented Brazil and its population’s purchasing power to business people in the Arab country in a seminar organized by ExpoLink.
The Egyptian fertilizer industry aims to increase Brazilian market sales through direct sales.
The Egyptian government facilitated clearance to avoid the accumulation of goods in ports and reduce the cost of products for the population.
Egyptian fertilizer company plans to expand capacity and portfolio. Entering the Brazilian market is one of Green Magic’s goals.
The Egyptian government implemented measures totaling USD 575 million, announced as exceptional aid to help citizens face the impacts of the global crisis.
The Egyptian government launched a strategy to save energy in the country. The goal is to generate more natural gas surplus for exports, favoring the inflow of foreign currency.
The Arab country obtained USD 19.3 billion in revenue from shipments of non-oil products. Chemicals and fertilizers accounted for 22% of the total.
The Arab country signed a Memorandum of Understanding with Indian company Renew Power to implement a green hydrogen plant.
Fertilizers are one of the promising sectors for the Egyptian economy, and their connection with food and clothing is of utmost importance to the global economy. Brazil accounts for 90% of the company’s exports.
Companies from both countries signed investment agreements worth about USD 7.7 billion during the Saudi prince’s visit to Egypt.