Region went from a 10.6% share of exports of the Brazilian company in the second quarter of 2023 to 15.7% in the same period this year. A highlight at the earnings release was a net profit of USD 329 million.
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Brazilian multination company reported that the chicken nugget facility in Jeddah will quadruple its production capacity in Saudi Arabia, where it already has a processing plant and distribution centers.
Brazilian food manufacturer has created service points to help farmers comply with the socio-environmental requirements in their lands in key livestock farming regions of the country. Three new units opened, taking the total number to 18.
The Brazilian company is a global leader in animal protein-based products and entered the health and nutraceuticals market with the launch of Genu-in. Investments in the new plant totaled BRL 400 million (about USD 78,1 million).
The Brazilian food company acquired facilities in the UAE and Saudi Arabia and announced Mohamed Mahrous as regional CEO.
The country is the world’s fourth-largest producer of this farmed fish, and the sector is experiencing a turning point, with an increase in exports and prospects for an even higher growth in shipments.
The companies BRF, Seara, and Marfrig, are working to ensure full traceability and sustainability for the halal market.
Amazon Week will take place at the Brazil Pavilion of Expo 2020 from December 1 to 7. Visitors will have the opportunity to digitally plant trees across the Amazon Rainforest and the United Arab Emirates.
The initiative aims on strengthening its tree pillars: forest conservation and restoration, socioeconomic development of the communities, and scientific and technological development.
In a mission to the city of São Paulo, Wael Aboumagd met with the state’s governor and representatives of companies in sectors ranging from pharmaceuticals to tourism and meat. “We can do better,” said the diplomat about the desire to boost business between Brazil and Egypt.
The output in banned Brazilian plants accounts for 65% of the halal poultry exports from the country to Saudi Arabia. The Arab Brazilian Chamber reported it’ll collaborate in talks to reestablish the supply to the largest economy of the League of Arab States.
Brazil’s Seara, Sadia and Marfrig recently put out veggie burgers, breaded items, sausage and kibbeh to cater to the demand for meat substitutes.