The Arab Chamber CEO Michel Alaby is attending the Mining and Food Security Forum in Khartoum. The Arab country wants foreign cooperation and investment to food and mineral production.
In its Trade and Development Report, the UN agency also recommends more autonomy to countries in adopting commercial and industrial policies to ensure sustainable growth.
Brazilian meat packing company bets on the expansion of emerging markets and is preparing to export to the Arab country. The share of North Africa and Middle East in the company’s sales increased in quarter two.
The UN has launched webpage to receive Brazilian donations to the victims of the conflict in the Arab country. Minimum donation is R$ 20 (or US$ 8.78).
US dollar outflows from Brazil exceeded inflows in the first week of September, according to the Central Bank. Year-to-date through September 5th, foreign exchange flows are negative by US$ 2.6 billion.
Brazil’s FT Sistemas has recently closed the sale of three unmanned aircraft to an African country and believes more opportunities are available in the continent, the Middle East and Asia.
Agriculture and livestock sales to the region increased by 2.7% year-on-year in August. The industry’s total exports saw a 12.5% decline.
Default grew by 17.2% from the same period in August 2013, but decreased slightly from July, according to data from the consulting firm Serasa Experian.
Agriculture and livestock sales to the region are up 2.7% August-on-August. The sector exports as a whole dropped by 12.5% in the same period.
A theatrical project sponsored by the Beirut-based organization is staging a play based on a text by the Portuguese poet. Entries are open to Lebanese citizens currently learning Portuguese.
The agency Moody’s changed the outlook on Brazil’s government bonds rating from stable to negative, reflecting the rising risk of low growth and worsening debt indicators.
The ABAV Expo will take place from September 24th to 28th at the Anhembi Exhibition Centre and should attract 40,000 Brazilian and foreigner visitors. Palestine, Morocco and Abu Dhabi will be showcased in the stands.
The organization announced that it is considering holding the event in 2022 during winter in the Arab country. The issue was discussed at a meeting of FIFA executives and delegates from international football federations.
Last week, exports amounted to US$ 4.336 billion and imports, to US$ 5.017 billion, resulting in a US$ 771 million deficit.
