Browsing: Middle East

In an article, MTM Logix CEO Mario Veraldo advocates diversifying Brazil’s shipments beyond the China–United States–European Union triad. He draws attention to the Middle East and the silent transformation the region is undergoing in logistics.

Oman’s sovereign fund has acquired a majority stake in the Brazilian-based trading company Agribrasil, which sold over 1 million tons’ worth of grain in the first quarter of this year. The company ships product to the Middle East and North Africa.

Supported by the Arab-Brazilian Chamber, the Brazilian chemical company made a trip last month to the United Arab Emirates, Egypt, and Saudi Arabia, during which it found a distributor and closed a sale. The company is considering opening a facility in the region.

Meta’s artificial intelligence virtual assistant can now be used in Arabic across the company’s various apps, according to an announcement made on Monday (24).