For the first time, the Moroccan National Tourism Office is bringing travel agencies to the WTM Latin America trade fair. An Egyptian company says that the opening of a museum in Cairo is attracting more Brazilians to the country.
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Exports from Brazil to the Arab countries in the Gulf are positive during the quarter but slid 31.47% in March as a result of the war in the Middle East, according the Arab Chamber.
Carriers not based in countries affected by the conflict say regular services will resume from June. In some cases, operations will not normalize until October.
A U.N. commission report warns of the Middle East conflict’s impact on Arab countries’ energy, water and food systems. A 20% rise in food prices could push 5 million people into food insecurity in the region.
The shipping company announced on its website an overland transport service from Asia to Middle East destinations via Saudi Arabia and Turkey. Some countries in the region currently lack maritime access due to the closure of the Strait of Hormuz.
Oil prices rose sharply on Monday (9) amid the conflict between the United States and Israel against Iran. Since the attacks began, the price of a barrel of WTI has increased by 70%, something never recorded over such a short period.
Qatar’s Minister of State for Energy Affairs Saad bin Sherida Al Kaabi said the conflict could force Gulf states to stop producing and supplying energy within days.
In phone calls with ministers from countries affected by the conflict, Mauro Vieira discussed the situation of Brazilians, who may obtain emergency transit visas in Saudi Arabia.
Industry group ABPA says companies and the government are acting to guarantee deliveries to Arab ports despite the conflict, maintaining supply.
The Arab country called on residents to sign up on the national volunteer platform to support efforts in response to Iran’s attacks. There are opportunities to help in health, engineering, logistics, administration, regulation, and other areas.
The conflict that began on Saturday (28) affected flights from Brazil to the United Arab Emirates and Qatar. Airlines operating in the region are advising their passengers.
The International Monetary Fund says economic diversification beyond oil will only come with the adoption of structural reforms. The institution projects GDP growth of 2.6% this year and 3.8% in 2026.
Free trade negotiations are under way. According to CNA’s Director of International Relations, Sueme Mori, tariff exemptions could expand access for Brazilian agribusiness products to the Arab market.
The Arab country’s national airline recorded an increase in the number of passengers carried in October, as well as in its flight load factor, which reached 85%.
