According to a World Bank report published on Monday (15), MENA economies are expected to post a lackluster growth in 2024. Oil importing countries face rising indebtedness.
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Following 15 years in Kuwait, a local partner is expanding his operation in the Arab world. A second branch store will open in the UAE later this year.
Total shipments were higher this year compared to 2022. According to the sector lobby, the most significant increases in purchases were from China, Saudi Arabia, South Africa, South Korea, and Mexico.
The Embassy of Brazil in Algiers is receiving applications of companies interested in a free exhibition area at the event. Deadline is June 13.
Economies in the region are headed for a slowdown this year, driven by high inflation and the conflict in Sudan. Growth will decrease from last year’s 5.3% to 3.1% in 2023.
The event ‘Tanger-Med (Morocco): Hub for Brazilian agribusiness’ takes place on Thursday (10). Authorities of the Tanger-Med Port will participate.
Economic growth prospects could bring opportunities to Egypt, said the Market Analysis coordinator of ApexBrasil in a webinar this Tuesday (13).
The first edition of the Algeria Woodtech international show will occur from September 19 to 22. The event is aimed at the wood, joinery, equipment, and technology sectors.
According to the IMF, products such as food have been strongly impacted by inflation in the Middle East and North Africa region.
With a lower output of Brazilian maize, buyers like Egypt will need to consider alternatives to import the product. An analyst explains the possibilities for countries in the Middle East and North Africa.
The amount was sent to the Middle East and North Africa in the last fiscal year, which ended in June 2021. The goal is supporting these nations in the fight against COVID-19.
A survey by the New Media Academy in Dubai has shown that in Egypt, Saudi Arabia and the UAE, shoppers are more likely to rely on social media for research than the global average.
Amid the pandemic, the International Monetary Fund expects the Middle East and North Africa to attain an economic growth, revising its previous forecast of 2.2%.
Integra Educação Avançada and Revista Diáspora joined efforts for increasing the dissemination of the scientific work on the MENA region trough courses, webinars, exhibitions and debates.