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Currency rate benefical for beef exportsThis Thursday (16) in your ANBA Bulletin: News on the beef industry, which has seen a higher demand from the Middle East due to difficulties in supply of buffalo meat from India. The topic was addressed in a webinar hosted by Datagro and GPB. As Brazil’s real slid, Brazilian meat's is one of the world’s most competitive prices. And Brazil-Kuwait trade flow proceeds as usual despite the pandemic, and exports from Brazil to the Arab country have even risen. Ambassador Norton Rapesta talked with journalist Bruna Garcia about Kuwait’s situation and homebound Brazilians that had been in the country. Companies keep doing business with the Arab market. Dog and cat food company Nutrire reached sales deals in Jordan, and shipping is expected to begin before the month of May is over. And IMF forecasts for the economies of Brazil and the Middle East this year and the next. Worldwide, it’s a recession scenario, but growth is seen happening in 2021. In Algeria, Ramadan will have stocked poultry from domestic production. The country has banned exports of staple consumer goods and directed volumes to the domestic market. In culture, an invitation to read The Old Ladies of Nazareth, by Anglo-Palestinian author Naim Attallah. The work was recently published in Portuguese in Brazil. And an invitation to the virtual reading festival that Sharjah will hold starting May 27 to connect writers from around the world. |
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São Paulo – Brazilian beef sales to Middle East countries are on their way up as availability of buffalo meat from India goes down. So said investment firm Radar Investimentos managing partner Leandro Bovo during a webinar hosted on Tuesday (14) by consulting firm Datagro and livestock industry association Grupo Pecuária Brasil (GPB). India is struggling with livestock production as a result of the Covid-19 pandemic. |
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São Paulo – Brazilian product keeps shipping to Kuwait amid the lockdown, Brazil’s ambassador to Kuwait Norton Rapesta (pictured) told ANBA over the phone. According to Rapesta, Kuwait is taking every step to ensure fast product clearance and to keep trade flows going, via seaports, airports and roads. |
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São Paulo – Dog and cat food company Nutrire, out of Garibaldi, Rio Grande do Sul, reached sales deals in Jordan last February, and shipping is expected to begin before the month of May is over. Jordan is the ninth Arab country to buy Nutrire products – the other eight are Egypt, Saudi Arabia, the UAE, Kuwait, Lebanon, Bahrain, Libya and Oman. |
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São Paulo – The International Monetary Fund (IMF)’s World Economic Outlook report came out this Tuesday (4) with a 3% global economy shrinkage forecast as a result of Covid-19 this year. Gross Domestic Product (GDP) is expected to contract by 2.8% in the Middle East and Central Asia, and 5.3% in Brazil. |
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São Paulo – Algeria will have enough poultry to meet the domestic demand during Ramadan, according to information from the National Office for Livestock Feed (ONAB) director general Mohamed Betraoui published by Algerie Presse Service (APS). |
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São Paulo – The United Arab Emirates’ Sharjah Book Authority (SBA) launched its Sharjah 2020 Virtual Reading Festival this week. The event will run from May 27 to June 5 in a bid to encourage people to read amid the global Covid-19 crisis.. |
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São Paulo – Brazil’s Ministry of Agriculture, Livestock and Supply (MAPA) has implemented the electronic signature for phytosanitary certificates accompanying exports of plant products, the Ministry reported on Wednesday (15). The goal is reducing the physical contact between foreign trade players and federal oversight amid the COVID-19 pandemic. |
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São Paulo – Anglo-Palestinian author Naim Attalah just had his autobiographical novel The Old Ladies of Nazareth translated into Portuguese and published in Brazil by Matrix Editora. The book recounts his childhood memories and tells the story of two sisters, Wardeh (Arabic for rose) and Jamileh (beautiful). The ladies live in Nazareth, and the story starts in the beginning of the 20th century, in 1918, when England started controlling Palestine after beating the Ottoman army in the World War I. |
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São Paulo – Brazil is expected to harvest 120 million tons of soy during the 2019/2020 season, according to the Mato Gross State Soy and Maize Producers Association (Aprosoja). The April edition of the Crop Forecast bulletin was released this Tuesday (14). The forecast is more modest than last March’s 120.6 million-ton prediction. The association pulls together data from technicians and farmers in 16 different states of Brazil. |
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São Paulo – The Brazilian government has established the Program for Enhancement of Exploration and Production Bids for Oil and Natural Gas (BidSIM) and its interministerial board as per decree published last Monday (13) on the Federal Gazette. It aims at increasing competitivity and attractiveness of exploration and production bid rounds for oil and natural gas in Brazil. |
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São Paulo – There will be a slump in tourism across Africa – including the North African countries – before people are confident enough to go abroad again. So said former World Bank vice president and Poverty Reduction and Economic Management director Otaviano Canuto, who sat in a webinar panel hosted by Instituto Brasil África (Ibraf) this Monday (13). |
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São Paulo – The United Arab Emirates’ federal export credit company, Etihad Credit Insurance (ECI) is supporting UAE foreign trade companies facing payment and supply chain disruption concerns due to COVID-19 with a range of services. |
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