The Gulf state grossed USD 344.7 million from exports to Brazil year to date through July, up 78.5% compared to the same period in 2023. Exports from Brazil to Kuwait also stepped up but at a smaller pace and with a deficit balance.
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Investments in the north of the country are made for the construction of a recycling plant and an industrial city, with factories, workforce houses, and logistics centers.
Brazilian foreign minister and GCC secretary-general Jasem Mohamed AlBudaiwi discussed topics such as the relations between Brazil and the Arab countries in the Gulf, and the conflict in Gaza.
Energy demand has increased in the Arab country spurred by extreme heat. Kuwaiti scientist said this is the result of climate change and temperatures are expected to climb over the 50 degree Celsius mark in the coming days.
As new refinery started operating at full capacity, the Arab country announced it reached a record 1.8 million barrels per day output.
After a visit to the country and discussions with Kuwaiti authorities, the International Monetary Fund says the economy is projected to contract by 1.4% in 2024.
Bahia state native Junior Andrade is drawing up a luxury car showroom in Doha and a palace in Saudi Arabia.
A landmark of the Lebanese cuisine is set to open at the Cidade Matarazzo complex later this year.
First edition of BFSHOW in Porto Alegre will feature importers from across 29 countries, including Egypt, the United Arab Emirates, Kuwait, and Libya.
Isabelle Maria Justino de Souza was one of the responsible for taking the Al-Tadhamon club to an unprecedented National League final.
Higher oil prices and improved domestic demand are expected to boost GDP growth in Kuwait in 2022. The government contained inflation by subsidizing food and energy prices to prevent the population from price hikes.
Kuwaiti Ministry of Commerce and Industry acting undersecretary Mohammad Mekhlef Al-Enezi visited the Arab Brazilian Chamber on Wednesday (6) and suggested a business mission from his country to Brazil in September.
The Brazilian mission to Kuwait was received at the Kuwait Chamber of Commerce and Industry this Thursday (26). Among the topics discussed was the need to advance bilateral relations to the level of cooperation, investments, and partnerships.
The Gulf country reversed the 2020 decision not to renew work permits for expats over 60.
