Brazilian oil company performed well, driven by higher oil prices and lower operating expenses. Gross debt decreased and asset sales generated USD 210 million.
After a slow year in 2020, the construction activity is recovering in Saudi Arabia and impacting building material prices such as steel, concrete, wood and cables.
Viracopos International Airport and DP World Santos terminal joined the initiative by the United Arab Emirates, which aims to expand commercial opportunities between emerging markets and facilitate access to the Middle East, Asia, and Africa.
According to a Central Bank indicator, the economy picked up in Q1 2021 from Q4 2020.
Egyptian president approved the Suez Canal Authority’s plan to widen and deepen the southern part of the canal, where a ship had got stranded in March.
Minister Hisham Tawfik visited the company that will manufacture electric vehicles (EVs) by mid-2022. He met the Chinese model that will be tested in Egypt.
Law firm Souto Correa offers all kinds of consulting services to companies wishing to export their products to the Arab countries and elsewhere, including trademark and patent registration and franchise agreement.
Seven out of ten small- and medium-sized enterprises in Brazil have been selling their products online since the pandemic started.
Despite a 5% increase in 2020, progress was below previous years, held back by the pandemic.
The volume purchased by the bloc in the first four months of the year was 678,000 bags of Brazilian produce.
Eid al-Fitr, the day that marks the end of the Muslims’ fasting period, is a festive day in Islamic-majority countries. Purchases of clothes to be used on this special day and gifts for children boost retail.
The new chargé d’affaires of Sudan in Brasília, Mohammed Elrashed Sidahmed Mohammed, was welcomed at the Arab Brazilian Chamber and said his country is open for investments from partner nations such as Brazil. Next week, France will host a conference on the economic transition that Sudan is going through.
With almost 30 years of expertise, Alitec is arriving in the United Arab Emirates. The manufacturer specializes in high-pressure homogenizers. In addition to these machines, it wants to export stainless steel tanks for the food industry.
This is often seen when major airlines see passenger flow decline and demand for cargo transport increase.
