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ANBA Bulletin, January 21, 2021 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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This Thursday (21) in your ANBA Bulletin: food company BRF of Brazil concluded its buyout of the Joody Al Sharqiya Food Production Factory in Dammam, Saudi Arabia. BRF will now roll out a project to expand annual capacity at the plant from 3,600 tons to 18,000 tons a year.
A special report highlights the revolution underway in Brazil's startup sector. A new legal framework is under review by Senate. Low interest rates and entrepreneurship are enticing fresh investment in startups, in Brazil and elsewhere.
Coffee exports from Brazil to North Africa countries went up. Sales to Algeria picked up by 310% in 2020 from 2019. Exports to Syria also increased, as the country is expected to resume pre-war import levels.
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There were 12,700 startups in Brazil last year, according to the Brazilian Startups Association (Abstartups). That’s almost three times as much as in 2015. This growth, the sheer size of Brazil’s market, the ability to innovate, and a new regulatory framework…
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Brazil’s BRF, one of the biggest food processing companies in the world, has completed its buyout of the Joody Al Sharqiya Food Production Factory, a food processing plant in Dammam, Saudi Arabia. The deal was announced on Monday (18).
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North African countries have driven the climb in Arab purchases of coffee from Brazil in 2020. The Arab bloc as a whole imported year-on-year 19.2% more coffee from Brazil last year. The Arabs imported 2.12 million 60-kg bags of Brazilian coffee for USD 216.6 million, up 5% year on year.
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Egypt’s non-oil balance of trade shrank by 17% in 2020, while imports were down 12%, its Ministry of Trade and Industry said. Pictured is the Suez Canal in Egypt.
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Expo 2020, a world event to take place in Dubai, United Arab Emirates, will open a preview to the public later this month. Bookings can be made for visitors interested in exploring the experiences that are being prepared for the first world exhibition to take place in the Middle East.
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