Saudi Food and Drug Authority announced on February 10 a temporary suspension of export authorizations for units in Dois Vizinhos and Francisco Beltrão which account for a combined 20% of all poultry supplied from Brazil to the Arab country.
Bahrain will be launched as a tourist destination by Brazilian company Lynden over the next months. The company owned by Lebanese businessman Kháled Fayez Mahassen will work to have more packages in Qatar and Oman, too.
Diplomat Hermano Telles Ribeiro, who’s soon to take office at Brazil’s Embassy in Beirut, intends to push for completion of the free trade agreement.
Brazil’s economy grew year-on-year in 2019, as per the Brazilian Central Bank’s Economic Activity Index.
Brazil was not authorized to sell the product to the Arab country since 2013, when the market closed due to one atypical case of bovine spongiform encephalopathy.
The emirate welcomed 104,000 Brazilian travelers last year, up 21% from 2018. Overall, it saw 16.73 million business and leisure tourists.
The increase in sales to the Middle East, particularly to Arabs, is a ‘pleasant surprise’ for the Brazil’s largest coffee farmers cooperative.
A survey from the Brazilian Institute of Geography and Statistics (IBGE) shows that the growth was driven by computing and communication services.
Sports items brand Poker intends to take advantage of the 2022 FIFA World Cup in Qatar to take a step forward in its internationalization process.
At the end of his mission to the UAE, Doria announced the investment from UAE funds to São Paulo-based companies expected for the next 18 months that resulted from the trip. Viação Itapemirim closed an investment of USD 500 million.
Last year Brazilian retail trade grew from a year before, but percentage was lower than the one posted in the two previous years.
Agribusiness executives attended an event hosted by the Arab Brazilian Chamber of Commerce’s international office in Dubai to watch a seminar on opportunities in the UAE and to engage in networking.
The Arab countries stood out among the Brazilian products’ buyers, purchasing 121,700 60-kg bags of the product in January.
Such was the result as of the end of 2019. The country is working to get its finances in order amid a volatile oil market.
