The mining giant sold half of its distribution operation in the Arab country, the VODC, to a company from the United States for USD 600 million.
Browsing: Brazil
Jihed Ben Slama, one of the representatives in a delegation from Muslim-majority countries visiting Brazil this week via the Halal do Brasil project, seeks trade deals in the Latin American giant.
Brazilian oncology chain announced a joint venture with a subsidiary of the Saudi Al Faisaliah Group to implement an oncology facility in Riyadh. Potential revenue at year five of the joint venture is estimated at USD 550 million.
Minas Gerais, Rio Grande do Sul, Paraná, and Goiás are major exporters of halal foods. At an event with buyers from Muslim-majority countries, state and industry association representatives say they plan on boosting trade with Muslims and mention a business mission.
Retailers from the Asian country are participating in the Buyer Project in São Paulo this week and compare products from Brazil to the United States’ and the European Union’s.
Arab companies participating in the Buyer Project in São Paulo highlighted the competitiveness of Brazilian foods. Halal production and export capacity stands out.
Arab-Brazilian Chamber and ApexBrasil kicked off the Buyer Project on Monday (5) in São Paulo with a focus on women. Before a B2B round between Brazilians and foreign halal importers started, a roundtable brought together businesswomen to discuss female leading and sustainability.
Amaro, named after a man who played a Moorish character in the town, is a shanklish, an Arab cheese launched by Lano-Alto. The dairy production of the farm in São Paulo state is guided by a just, ethical management of both pastures and animals, including regenerative agriculture models and micro-cultures.
The top destination in Africa of Brazilian agribusiness goods in the first half of the year, Egypt has dramatically stepped up its purchases of sugar and soybean from the Latin American giant. On the other hand, Egypt supplies a significant volume of fruits to Brazil.
IBSA Fund, which brings together India, Brazil, and South Africa, works in cooperation with the United Nations Office for South-South Cooperation in microfunding program.
On the other hand, ABPA figures show that chicken sales to UAE, Saudi Arabia, Iraq, and other Arab countries expanded.
Government will widen its agricultural attaché project in Brazilian diplomatic representations from 29 to 40. Countries are yet to be defined but will be in Asia, Africa, Europe, and South America.
Brazilian exporting companies may apply to participate in a food and beverage promotion week at the LuLu Hypermarket stores in November in Saudi Arabia. Entries will be accepted until August 18.
Brazil grossed USD 11.2 billion from sales to the Middle East and North Africa countries from January to June. Beef and sugar exports saw relevant increases.

