According to the Ernst & Young index, the United States and China occupy the top positions in ranking the most attractive countries for investment in the sector, while Morocco and Egypt are at the forefront among Arab nations.
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Beef prices reach unprecedent levels in the Egyptian market, with weekly increases caused mainly by increasing cattle feed prices.
Vegetable and meat prices saw the highest jumps.
Finance minister says this reflects the foreign investors’ confidence in the robustness of the Egyptian economy.
In an interview with ANBA, the chairman of the Export Council for Engineering Industries in Egypt said that Egyptian engineering products have a prominent position in European and Gulf markets alike.
The Egyptian company is now seeking opportunities to invest the USD 77.6 million resulting from the sale of estates in São Paulo.
The country is a major producer, with an area of 5,700 hectares of strawberry-producing land. But Brazil imports frozen strawberries for industrial applications. Suppliers include Egypt and Morocco.
From January to September, the United Arab Emirates were the sixth leading destination for Brazilian beef abroad and increased its purchases by 14%. Brazil had an excellent performance in exports of the product in September, despite an embargo in some countries.
Publishing house Dublinense has recently sold three books by Brazilian authors to two Arab publishers. One of them will be translated into Persian.
The Egyptian president, Abdul Fattah Al-Sisi, received the Brazilian vice president, Hamilton Mourão, this Tuesday (28) in Cairo. They discussed intentions to strengthen ties between Brazil and Egypt, including in international forums.
Hamilton Mourão was received in Cairo Airport by Egypt’s prime minister Mostafa Madbouly on Monday (27).
Despite the fire that hit the National Museum of Rio de Janeiro in 2018, the site will still have the most extensive collection of Ancient Egypt in South America, according to estimates by the institution’s director.
The event will screen 30 fiction films and documentaries from 16 African countries via the SESC Digital platform from October 1 through 10. The 13 Arab movies come from Sudan, Algeria, Egypt, Morocco, Mauritania, and Tunisia.
Egyptian President Abdel Fattah Al-Sisi announced the intention during a climate meeting parallel to the main session of the United Nations General Assembly.
