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.
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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.
Tunisia’s Fares Ferjani won a silver medal in men’s sabre individual event and Egypt’s Mohamed Elsayed cinched third place in men’s individual épée. These were the medals obtained by Arab countries in the games until 8:30pm (Paris time) on Monday (29).
Egypt announced a 15% in petrol prices ahead of an IMF meeting to review the payout package. Egypt suffers with inflation and devaluations of the currency. Attacks around the Red Sea hit revenues from the Suez Canal.
Revenues during the first half of 2024 reached USD 6.6 billion, according to the Arab country’s Ministry of Tourism.
The financing is designed to help Egypt address short-term challenges such as spurring private sector growth and creating a greener growth trajectory.
The North African country’s exports soared by 9.8% year-on-year in the first five months of 2024 to reach USD 16.55 billion.
The Arab country’s government has decided to raise the price of subsidized bread for the first time in 30 years. Some 71 million benefitted from bread subsidies, but the burden was unsustainable for state coffers.
ANBA starts this Friday (24) a series of reports showing the changes that Brazil’s São Francisco Valley has experienced and the export process of fruits from the country’s semi-arid region.
The free trade agreement came into force in 2017. Egyptian exporters like Delta Brothers and Oriental Fruits say, without it, breaking into the Brazilian market and competing on price with other countries would be impossible.
Annual event of the International Poultry Council holds presentations and debates on the poultry supply chain. Arab-Brazilian Chamber secretary-general & CEO Tamer Mansour spoke about focusing on halal consumers.
The Support Program for the Translation and Publication of Brazilian Authors Abroad has contributed for 17 translations in Egypt, three in Lebanon and one in Germany to have the resources to translate the stories of Brazilian authors into the Arabic.
Agreen and Orange were some of the Egyptian exhibiting companies at trade show Fruit Attraction that took place in São Paulo earlier this week. The former already caters to Brazil and wants to boost business, while the latter participated in the show to start exploring the country’s market.
One of the attractions of the Arab country at WTM Latin America is the desert nature in travel packages that also include Mediterranean beaches and historical and cultural landmarks.
