Saudi-led Middle East Green Initiative expanded as 11 new members signed up, including Algeria and Lebanon, as well as the United Kingdom as an observer. The goal is to cooperate regionally in combating climate change.
Browsing: saudi arabia
Brazil’s year-to-date exports to the Middle East and North Africa grossed USD 17.7 billion through September, up 25% from the same period last year. The performance is on track for a new record.
Saudi Arabia’s region hosts mining complexes but still has potential in the sector, according to a Ministry of Industry and Mineral Resources’ spokesman.
The Brazilian Confederation of Agriculture and Livestock (CNA) sent a delegation to the Gulf Green fair in the United Arab Emirates. Businesspeople attended B2Bs, meetings, and seminars. CNA executives proceeded to Saudi Arabia.
The Arab country increased its purchases of fertile eggs and one-day-old chicks from Brazil by 1,727%, according to Brazilian poultry lobby.
The Saudi Arabia Social Development Bank received an award at a finance forum in São Paulo for its funding of female entrepreneurship.
The Arab Monetary Fund bulletin shows the value of the stock markets in Arab countries at the end of August. The Saudi stock exchange recorded the highest capitalization, followed by Abu Dhabi’s.
The Saudi Embassy hosted an event in Brasília to commemorate the 94th anniversary of the country and its diplomatic relationship with Brazil. The two countries have a strong trade relationship and growing reciprocal investments.
Brazil is becoming an increasingly important supplier in the Arab beauty market, particularly with hair care products. The region is supplied by companies such as Floractive, specializing in hair treatments, and Terra Fértil, offering hair straighteners and dryers. Light Hair aims to enter the market, too.
King Abdulaziz City for Science and Technology (KACST) is looking for young companies in the technology, sustainability, and space sectors to develop research in labs in Saudi Arabia.
After meeting with ministers and signing a memorandum with the Gulf Cooperation Council, Brazilian Foreign Minister Mauro Vieira says a new phase of high-level political dialogue with the region has begun. In an exclusive interview with ANBA, Mauro Vieira said that Brazil has an enviable political position in the Gulf.
Saudi Arabia is the fourth leading destination of chicken produced in Brazil. Shipments to Arab countries and elsewhere were lower, though.
Last year, the Saudi economy was boosted by private consumption and non-oil investment. According to the IMF, the country is making progress in its diversification efforts. Non-oil GDP is expected to grow by 3.5% in 2024.
A representative from the King Salman Global Academy for Arabic in Saudi Arabia exchanged experiences on education during a meeting at Brazil’s Ministry of Education.
