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ANBA Bulletin, April 13, 2023 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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This Thursday (13) in your ANBA Bulletin: The fertilizer sector experiences falling prices after a period of records highs. Pricve rates were affected by war in Russia and Ukraine. Fertilizers are among the products Brazil imports most from Arab countries.
Get to know the real estate investment panorama in Dubai. Representatives from manager Provident Real Estate and developer Sobha Realty from the United Arab Emirates are on roadshow through Brazilian cities to prospect local investors and customers.
EgyptAir president told ANBA about the start of operations of a charter flight between Cairo and São Paulo in September. According to him, this is first step towards a regular nonstop line.
Brazilian companies are serving the Arab market. Co.re, which produces facial foam and oils from soursop, has customers in Dubai. Espírito Cacau, a fine chocolates company, has a strategy focused on this market and launched halal products tailored for the Arab public.
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The Arab market has a significant share among the destinations of sugar exported by Brazil. Last year, the region accounted for 23% of the country’s total product exports. According to data from Brazil’s Foreign Trade Secretariat (SECEX), compiled by the Arab Brazilian Chamber of Commerce (ABCC), Brazil exported USD 11.2 billion in sugar in 2022, a 20% increase over 2021. The figure translates to 27.4 million tonnes.
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Espírito Cacau is expanding its business in the Gulf. The Brazilian premium chocolate brand has already exported to the United Arab Emirates and recently struck a deal with an importing and distributing partner. “Now, Golden Falcon will be responsible for the brand in the Gulf region. They are from Ras Al Khaimah and present in several countries in the region, such as Saudi Arabia and even Egypt,” said Paulo Gonçalves, CEO of Espírito Cacau, in an interview with ANBA.
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The Arab Brazilian Chamber of Commerce (ABCC) and the government of the state of Rondônia will work together to bolster trade ties between the state and the Arab countries, including exporting tambaqui fish. The deputy governor and secretary of Economic Development of Rondônia, Sérgio Gonçalves (União Brasil party), met this Wednesday (12) with the secretary-general & CEO of the ABCC, Tamer Mansour, at the entity’s headquarters in São Paulo. The two outlined a series of activities to be developed in partnership.
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EgyptAir, Egypt’s flag-carrier airline, confirmed to the ANBA team in Cairo that charter flights will start operating between the Egyptian capital and São Paulo starting next September and informed this is the first stage towards a regular line.
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The prices of agricultural fertilizers increased throughout 2022, surpassing record highs. The scenario is now the opposite. According to a Brazilian Ministry of Agriculture and Livestock statement, fertilizer prices had a “reduction of up to 70%, equalizing demand for 2023.”
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The Brazilian state of Minas Gerais has the potential to become an influential player in the global halal market. The local companies are already exporters of food and beverages to Muslim countries. They could establish themselves as suppliers of halal-certified products, which are attested to be suitable for Muslim consumption.
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Yerba mate produced in the Brazilian state of Paraná was the subject of a seminar this Tuesday (11) organized by the state’s investment program, Invest Paraná. Arab Brazilian Chamber of Commerce (ABCC) economist Sotirios Ghinis spoke about the paths to the Arab market at the event. He pointed out there is demand in the Arab countries for yerba mate, and Brazil could export more of the product to the region.
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Elis Julião was raised barefoot, climbing trees and crushing small leaves to make “medicines” in the farm in Porto Seguro, Bahia, where she lived until she was ten. As her parents didn’t have anyone to leave her with, sometimes she followed her father, who was a farmer, to the sugar-apple orchard, and sometimes she stuck to her mother, who stayed in the office, keeping the accounts.
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In 2020, Brazil’s culture and creative industry traded BRL 230.14 billion (about USD 45.48 billion at the current rate), equivalent to 3.11% of Brazil’s Gross Domestic Product (GDP) in the period. Data was released this Monday (10) by the Itaú Cultural Observatory, which developed a new methodology to measure the sector’s impacts based on microdata from the Brazilian Institute of Geography and Statistics (IBGE).
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Why invest in the real estate market in Dubai? Representatives of the property manager Provident Real Estate and the international luxury real estate developer Sobha Realty informed in a seminar at the headquarters of the Arab Brazilian Chamber of Commerce (ABCC) about investment opportunities in the sector and incentives such as tax exemption in the emirate, among other benefits. The event took place this Monday morning (10) in São Paulo.
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Brazilian food firm JBS opened three new green offices to expand the efforts towards environmental sustainability in agriculture. The green office project began nearly two years ago and sees the opening of service points that help in the environmental regularization of farms in livestock farming regions.
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