The Saudi Social Development Bank (SDB) reached cooperation agreements with tech companies this week to help family-run enterprises put together online stores.
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Saudi Arabia, UAE, and Morocco are some of the Arab countries that are leading the race to vaccinate against COVID-19.
In January, Brazilian exports of dry peppers such as black pepper hit an all-time high. Espírito Santo’s cooperative says the demand for the product have skyrocketed during the pandemic.
The Gulf nation created a Women’s Department at the Ministry of Justice to encourage females to join the sector.
A source said that as of 2024, the administration will no longer contract with foreign enterprises unless they have their regional headquarters in Saudi Arabia.
Despite record-high exports from Brazil last year, the Arab bloc’s imports of the product were down 40%. However, the market expects global consumption to go up by 3% a year.
A survey conducted by the Arab Brazilian Chamber of Commerce’s Market Intelligence Department shows that that price hike is partly prompted by an expected increase in the commodity’s prices in years to come. The Arab countries that could potentially buy more product include Bahrain, Iraq, Jordan, Lebanon, Palestine, and Sudan.
Private Cosméticos has a foothold in markets such as Saudi Arabia, Libya and Iraq. The brand has specialized in private-label high-performance vegan products.
Tourism is a pillar in line with the kingdom’s Vision 2030 reform plan. Saudis expect to host 100 million visitors annually by the end of the decade.
The Brazilian food company strengthens its foothold on the international market with manufacturing operations in Saudi Arabia. It will invest USD 7.2 million in expanding capacity at facilities formerly owned by Joody Al Sharqiya Food.
Sustainable city ‘The Line’ will be built by Neom in northwestern Saudi Arabia. The idea is building a city with zero cars, zero streets and zero carbon emissions.
Egypt, Saudi Arabia and UAE, the top Arab beef buyers, decreased their imports. Overall, though, Brazil exports hit a record high, reaching over 2 million tonnes in 2020.
Brazilian duo won in the first day of the race, which crosses the Arabian Gulf desert, and Brazilian co-driver came second. Dakar 2021 runs until January 15.
The country has resumed the pilgrimage in a phased manner since October and reported that no case of COVID-19 has been recorded.
