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ANBA Bulletin, August 5, 2022 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Arab countries offer favorable prospects for startups
This Friday (5) in your ANBA Bulletin: The panorama startups find in the Arab market. Different income profiles in the region open up opportunities for different types of businesses, according to discussions in a webinar promoted by the Arab Brazilian Chamber of Commerce. The institution has opened registration for a startup mission to Qatar and the United Arab Emirates in October.
Meet Brazilian company Zee.Dog. The startup was born with the goal of offering custom accessories and products for pets and, in addition to conquering the Brazilian public, exports to 50 countries.
This weeks, an event in Brasilia, the capital city of Brazil, remembered the two years since the explosion in the Port of Beirut. On this occasion, the Embassy of Lebanon to Brasilia launched the Humanitarian Aid Fund for the People of Lebanon, a project by the United for Lebanon group, which was officially established as a non-governmental entity.
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Egypt’s Ministry of Supply and Internal Trade (MSIT) has decided to reduce Brazilian beef prices at its points of sale by 12%, to EGP 79 (about USD 4.13 at the current rate) per kilo instead of the approximately EGP 90 (About USD 4.71) before the measure. The government of Egypt maintains points of sale to make products such as beef available to the population.
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Zamp, a company that owns the franchises of Burger King and Popeyes restaurant chains in Brazil, informed the market on Monday (1) that it received a tender offer to acquire control by Mubadala Capital from the United Arab Emirates. The release about the takeover bid was announced by MC Brazil F&B Participações SA, which is part of the fund’s business.
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Exactly two years ago, an explosion devastated the Port of Beirut, the capital city of Lebanon. Added to the severe economic crisis and the COVID-19 pandemic, Lebanon has been working to rebuild and rise from the ashes once again. To remember the two years since the horrific accident, the Lebanese Embassy to Brasília and the Brazilian Ministry of Foreign Affairs held an event this Wednesday (3) at the embassy’s headquarters, in which the Humanitarian Aid Fund for the People of Lebanon was launched, to help the Lebanese people to get back on their feet. Individuals, corporations, and entities will be able to make donations to collaborate with the recovery of the Arab country.
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A Brazilian startup born focused on offering customized pet accessories is conquering the world with its products. Zee.Dog began exporting its accessories to the United States, Chile, South Korea, Japan, Australia, and England, and today it is present in 50 countries, including Arab markets.
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The myriad realities in Arab countries make the region a flourishing place for different startup business models. A panorama of this market was presented to Brazilian businesses this Wednesday (3) in the webinar “Innovation Ecosystems in the Arab World.” The event launched the ABCC Lab mission, through which the Arab Brazilian Chamber of Commerce (ABCC) will take Brazilian technology startups and companies to the United Arab Emirates and Qatar from October 2 to 7. Registration is open.
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The Egyptian government announced an initiative to encourage investment in climate-related projects as part of the 27th United Nations Conference on Climate Change (UNFCCC COP27), to take place in the city of Sharm El-Sheikh in November. Opportunities in climate-oriented investment projects worldwide will be presented to investors, financial entities, development banks, and authorities in five major forums before COP27.
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Increased prices of imported inputs, especially fertilizers and oil, caused the Brazilian trade surplus to shrink in July. Last month, the country exported USD 5.444 billion more than it imported, down 22.7% compared to the same month in 2021.
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A survey released by the Brazilian Association of Petroleum Services Companies (ABESPetro) indicated investments by the oil and gas industry in Brazil could reach about USD 24 billion a year until 2025. The association’s executive secretary, Thelmo Ghiorzi, explained the amount is based on the investments Brazil could make in the coming years, of which the pre-salt drilling corresponds to 62% today. “It could reach 70% by 2030,” he said. The projects already approved total investments of USD 156 billion by 2030.
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