The Saudi Investment minister and a delegation of around 100 people are in São Paulo this Monday (31). They expect to visit six other Latin American countries in the forthcoming days.
Browsing: minerva foods
The region reduced its share in Minerva’s exports from Brazil and grew in sales of the subsidiary Athena, which encompasses operations in Argentina, Uruguay, Paraguay, Chile and Colombia.
The crisis triggered by the novel coronavirus is fueling nations’ desire and efforts to produce food locally. Geography, climate and costs are challenges.
Exports from the Brazilian food company’s domestic units accounted for 72% of gross revenue in Q2 2020. Asia’s share in total sales leaped from 25% to 50%, while the Middle East’s slid from 27% to 9%.
Brazilian company obtained the authorization for its unit in Colombia to export beef to Saudi Arabia.
Arab Chamber held a cycle of lectures addressing consumer habits in the region. According to experts, consumption has become more virtual and renewed itself acrros the Arab countries.
Next Tuesday (12) will see the Arab Brazilian Chamber host a cycle of talks with specialists and executives on consumer habits in the Middle East and North Africa. The Chamber will also enter into a MoU with São Paulo city agency SP Negócios.
