Agroindustry produces and exports olives, olive oil, and garlic and now has a branch in Brazil with its own staff and goods for immediate delivery. Announcement was made at the Arab Chamber.
Two out of the four blocks offered were acquired at the largest oil industry auction ever held.
Numbers by Anfavea show that foreign sales from Brazil were down 22.6% year-on-year and 34.7% year-to-date.
On the back of Expo 2020, the Arab country could see its fastest non-oil growth since 2016. Sustaining it after the expo is a key priority, says IMF.
Conjunto Nacional will hold activities on Moroccan culture, including a photo exhibition, a kaftan runway, and henna application from November 6 to 12. The event is open to the public and admission is free. The goal is to promote the country for potential tourists.
Exhibition ‘Arab Coffee, A symbol of generosity’ will open on November 28 featuring pieces from Dubai’s museum.
Monetary Policy Committee (Copom) reduced Selic from 5.5% to 5% per annum last week. Minute released this Tuesday points to a new 0.5 percentage point reduction in the next meeting.
Foreign investors purchased Brazilian government bond issued by the National Treasury at the smallest interest rates from the past seven years.
Company in Guaratinguetá, São Paulo produces sixteen different varieties of the grain but specialized in black rice.
Saudi state-owned oil company IPO received approval by the financial regulatory authority and is set to run next December in what’s expected to be the biggest share sale in history.
The National Treasury said new and existing papers will be issued, and that it will repurchase US dollar-denominated bonds.
The Public Authority for Industry said 1,000 companies got USD 582 million in financing over the last three years.
Mato Grosso climbed from the Brazil’s sixth to third’s largest suppliers to the Arab countries. Corn, soy and beef exports were up.
The 2.6-meter-high dancing character has performed in Riyadh and Jeddah, Saudi Arabia, as well as Dubai, UAE.
