Finance Minister Laaziz Faid announced that starting next year, all public banks will be able to offer credit to the local agribusiness sector. The measure aims to boost productivity.
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Brazilian agricultural attachés have been newly appointed to nations including the United Arab Emirates and Algeria. Brazil’s incoming attaché to Ethiopia will also work to advance Brazilian interests in Djibouti.
The state-run company Saidal should see an increase in business volume in 2024, and plans are in place for an even bigger leap in 2025 through portfolio diversification as part of a strategy geared at reducing medication imports to the Arab country.
Brazil’s year-to-date exports to the Middle East and North Africa grossed USD 17.7 billion through September, up 25% from the same period last year. The performance is on track for a new record.
Algeria has joined the list of the top 20 importers of Brazilian beef, at 34,200 tonnes from January to September. The UAE also increased their purchases, contributing to the rise in exports.
Eight Arab countries won medals at the Paris Paralympics. North African nations Algeria, Tunisia and Morocco stood out.
The Arab country was accepted into the New Development Bank during a meeting of the institution’s board over the past weekend in South Africa.
In an interview with a TV show, the Algerian state oil firm’s CEO, Rachid Hachichi, said the company is widening its international operation in 2014.
Athletes from seven Arab countries made it to the podium in athletics, wrestling, weightlifting, boxing, artistic gymnastics, pentathlon, fencing, taekwondo, and football.
Algerian Kaylia Nemour won the gold medal in the uneven bars on Sunday (4), making hers the top-ranking Arab country and the second best-placed African country at Parys Olympics.
On the other hand, ABPA figures show that chicken sales to UAE, Saudi Arabia, Iraq, and other Arab countries expanded.
A group of volunteers rescued flamingo chicks from drought-decimated Lake Tinsilt following years of high temperatures.
North African country opened market to Brazilian poultry last October and imported 10,000 tonnes year to date through October.
JBS/Seara and ABPA donated 10,000 kilos of chicken meat for U.N. actions.
