Growth in the second quarter was recorded compared with the same period in 2025. The oil sector contracted 24.7%.
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The International Monetary Fund expects Saudi Arabia’s economy to expand despite the conflict in the Middle East, with oil export revenues supported by higher crude prices.
The Brazilian company has announced the sale of its stake in a joint venture providing cancer treatment services in Saudi Arabia. The business was sold for USD 6.5 million.
A company selling nuts, beverages, cheeses and flours from the Brazilian state of Paraíba to customers in Brazil and overseas is looking to supply Brazilian expatriates in Arab countries.
Prices were driven higher by housing rents and personal care costs, according to the government’s statistical authority.
A UNCTAD report shows that Brazil received USD 77 billion in foreign direct investment in 2025, making it the world’s fifth-largest recipient. The United Arab Emirates ranked ninth, while Saudi Arabia came in 13th.
A delegation from Saudi Arabia’s Ministry of Energy met in Brasília with Brazil’s Minister of Mines and Energy, Alexandre Silveira, and First Lady Janja da Silva.
The industry posted growth both in June and in the year to date. The United Arab Emirates and Saudi Arabia remained among the leading importers, according to industry group ABPA.
Founded in August 2020, Multipla Comex specializes in exotic fruits such as loquat, plum, and atemoya, and now exports Brazilian fruit to Qatar, Lebanon, and Saudi Arabia.
Data from Brazil’s Ministry of Development, Industry, Trade and Services show a 0.7% increase in exports and a 21.5% decline in imports compared to the same period in 2025.
In the latest round of warm-up matches ahead of the tournament, Tunisia, Egypt and Jordan suffered defeats, while Iraq, Qatar and Morocco drew. Saudi Arabia secured a win, and Algeria will take the field on Tuesday (9).
According to industry group ABPA, exports surpassed USD 1 billion in a single month for the first time in May. Sales to Saudi Arabia and the UAE increased compared to May 2025, when Brazil was facing an avian influenza crisis.
Revenue from olive oil exports rose 49.2% in value during the first six months of the 2025/2026 harvest season, reaching the equivalent of USD 1.2 billion, according to the National Observatory of Agriculture.
Ambassadors suggested to representatives of the foreign ministry the organization of a forum covering various aspects of relations between Brazil and Arab countries.
