A consultant assessed the impacts on the market. According to ANDA data, the decrease also affected the volume of purchases in Brazil.
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The Brazilian company has a farm and plant in Minas Gerais and controls its entire production chain, from raising animals to selling proteins to consumers. Quality, consistency, and standardization are the three pillars of the company, which already exports to some Arab countries.
In a seminar at the Arab Brazilian Chamber headquarters, a representative of the Brazilian bank spoke about the Riyadh office’s activities and attracting Arab investment to Brazil and Latin America.
Brazil issued a statement on Wednesday welcoming the signing of the agreement for resuming diplomatic relations between the two countries and applauding the role played by China, Oman and Iraq in helping reach the agreement.
Kaly syrup and Meridiano coffee are Brazilian brands that have won costumers in the Arab region. The companies’ sale executives talked about how they entered and grew in the market.
The 46% net income growth in 2022 was due to surging oil prices after Russia invaded Ukraine.
Brazilian footwear exporters chose countries to promote their products over the next biennium. Priority markets include the United Arab Emirates, and secondary markets include Saudi Arabia.
A report by capital market company Riyad Capital pointed out that Saudi Arabia’s gross domestic product growth will be driven by increasing investment spending.
Saudi Arabia earned USD 22.8 billion from international oil sales in December. The commodity accounted for 79% of the country’s exports.
Revenue grew 39% compared to January 2022. China, Japan, Saudi Arabia, South Africa, and the European Union were some of the leading destinations.
The reconstruction is displayed for the public in the visitor’s center at the Hegra historical site in AlUla.
The Saudi Ports Authority announced a shipping line connecting Jubail Commercial Port with six international ports.
Facing the dunes of Saudi Arabia, Pâmela Bozzano became the first women from Brazil to compete as a pilot in the Dakar Rally. Other Brazilians also participated in the competition, and one of them made it to the podium.
The Pangeos ‘terayacht’ is a projected floating city with a capacity for up to 60,000 people with accommodations, shopping malls, and helipads. The superyacht would be able to sail around the world nonstop, equipped with electric engines and solar panels.
