A delegation from Brazil’s agriculture ministry received from Oman’s government the sanitary approval and authorization for Brazilian exports of live cattle to the Arab country.
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The Arab country is projected to grow 1.3% in 2023 and 1.4% this year, supported by favorable oil prices and reforms. Agriculture, construction, and services are driving the Omani economy.
The oil production cuts are expected to make the Gulf country grow less this year compared to 2022. Still, GDP is projected to increase by 1.3%. Inflation has receded, and reforms favor economic recovery.
Leonardo Marinho left Brazil in 2013 for Zanzibar, Tanzania, and last June he started a training company for baristas and roasters in Muscat, Oman. A demanding market and opportunities have led him to the Arab world.
The Arab country carries out an environmental project in which turtle nests are monitored to identify survival challenges for the animals on local islands.
A dinner party in the house of Palestine’s ambassador Ibrahim Alzeben celebrated the completion of the mission of four international envoys.
‘Scattered Barriers’ airs on the platform on January 12. Netflix is continuing its investment in Middle Eastern content.
Over the millennia, frankincense has been a symbol of Arab countries like Oman and an economic mainstay of farmers in Somalia and Sudan. The sap is the raw material of incense, but its trees are endangered due to the overexploitation.
The port received smart cranes to transfer containers from ships to docks. This was the second phase of the modernization work, 86% completed.
Plant milk is an untapped sector in the Arab region, says businesswoman Maria Eduarda Becker, who owns a specialty coffee brand in Dubai. The market is expected to reach the value of USD 123.20 billion by 2029, a survey says.
The potential for a more strategic relationship is significant, emphasized Khaled Hanafy, secretary-general of the Union of Arab Chambers at the Economic Forum Brazil & Arab Countries. In a panel, executives from the Chambers of Oman, Bahrain, and Jordan spoke on the future of this connection.
An IMF report points out that the Arab country is seeing an economic recovery due to policy actions to mitigate the impact of the pandemic and support households, as well as increased hydrocarbon prices.
The Gulf country will hold the event from March 13 to 17. It aims to unite entrepreneurs and institutions to present Oman as a new role model of sustainable development.
The Arab country purchased 59% of exports from Brazil year to date through November. Qatar, Oman and Saudi Arabia also stood out.
