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ANBA Bulletin, June 10, 2022 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Embraer's startup to supply electric aircraft to Dubai
This Friday (10) in your ANBA Bulletin: Brazilian aircraft manufacturer Embraer’s startup Eve have partnered with Falcon Aviation Services, a business aviation services operator based in Dubai. The Arab company signed a letter of intent to buy 35 electric vertical take-off and landing aircraft by Eve, with deliveries starting in 2026. Egypt wants to attract tourists from new regions across the world, particularly Latin America and Brazil. The head of Egypt’s Tourism Promotion Authority talked to ANBA. UAE-based firm Al Foah exports dates to Brazil and showcased at Naturaltech in São Paulo its date sugar, which has a lower glycemic index than traditional sugars. In an article, Orbital tech lead Wallace Erick writes about the development of digital certificates NFTs and how they have grown in some Arab countries. |
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Savvy Gaming group, from Saudi Arabia, acquired nearly 100 million shares of the Swedish gaming company Embracer Group for USD 1.05 billion, an 8.1% stake. According to the Arab News website, the Saudi company has become Embracer’s second-biggest shareholder.
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The Brazilian federal government published this Wednesday (8) in the Official Federal Gazette a decree removing wharfage fees from the import tariff calculation base. According to the Brazilian government, removing the fee from the customs valuation will foster “a transversal trade opening of the economy,” reducing import costs.
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UAE-based date company Al Foah has a stand in natural products show Naturaltech in São Paulo until Saturday (11). Among the new products that the brand brings to Brazil is the date sugar or date powder.
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The Egyptian General Authority for Tourism Promotion is working to attract tourists from new markets to Egypt, especially Latin American countries like Brazil. The information was confirmed to ANBA via email by the organization’s president, Amr El-Qadi. According to Al-Qadi, the region’s citizens have a great tourism culture, and Brazilian tourists were strongly present in Egypt during the 1990s.
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The vice president of Brazil, Hamilton Mourão, confirmed his presence at the Economic Forum Brazil & Arab Countries, to take place on July 4 at the Renaissance Hotel in São Paulo. Mourão will speak at the event’s closing, which will bring Brazilians and Arabs closer together and celebrate the 70th anniversary of the Arab Brazilian Chamber of Commerce (ABCC), the Forum’s host.
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E-commerce giant Amazon announced on Tuesday (7) that all sellers on the platform now can export their products through Amazon’s platform. The service was already available for guest sellers.
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Egypt’s General Authority for Investments and Free Zones (GAFI) signed a Memorandum of Understanding (MoU) with Japan’s Sumitomo to open the company’s largest factory in the world in the Arab country. Sumitomo will have an industrial plant for motor vehicle electrical harnesses in a 150,000 square meter area in the industrial city of Ramadan 10th.
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NFTs are collectibles that operate like a digital certificate registered in the blockchain to ensure the authenticity of its owners, thus making its total or partial copy impossible. They can be used in a variety of ways. An acronym for non-fungible tokens, the NFTs have been the topic of discussions regarding the so-called Web 3 after some millions have been spent to buy this type of online asset.
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Available agricultural storage capacity in Brazil reached 183.3 million tonnes in the second half of last year. The volume is 1.5% higher than recorded in the previous six months. In the same comparison, the number of storehouses grew by 1.2%.
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Eve, a startup backed by Brazilian aerospace manufacturer Embraer, and Falcon Aviation Services, a business aviation services operator in the Middle East and Africa region, signed a letter of intent for up to 35 electric vertical take-off and landing (eVTOL) aircraft with deliveries expected to start in 2026. The first eVTOL touristic flights will leave from the hotel Atlantis, The Palm in Dubai, United Arab Emirates.
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The Arab Brazilian Culture Institute (ICAB) will host the 4th edition of the Arab Diversity Food Market [Feira da Diversidade Culinária Árabe] this Saturday, June 11, from 12:00 pm to 4:00 pm BRT. The event will take place at the institution’s headquarters in Brasília, the federal capital of Brazil, at SCRN 706/707, Fearab building, Room 101, Asa Norte.
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The rise in global commodity prices is exacerbating the economic crisis in Yemen, an Arab country in the Middle East that faces a civil war. An International Monetary Fund (IMF) team conducted a virtual mission from Jordan with Yemeni authorities from May 31 to Tuesday (7), and described the outlook.
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The Egyptian Financial and Industrial Company (EFIC), from the fertilizer sector, intends to expand its exports to Latin American markets, especially Brazil. The company specializes in products such as fine and granular monophosphate fertilizers, pure concentrated sulfuric acid, diluted sulfuric acid for batteries, sodium phosphosilicate, and ferrous sulfate.
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Representatives of Dubai’s global trade promotion program World Logistics Passport (WLP) are in Brazil for a series of seminars aimed at widening the network of members of the initiative, which has been present in 27 logistics hubs around the world, and attracting new Brazilian importers and exporters that could become users of the services of the program.
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Last Saturday (4), the state of São Paulo government opened the public tender for the Northwest Section of the Highway Concessions Program. The concession predicts investments of BRL13.9 billion (about USD 2.9 billion at the current rate) in 600 kilometers of roads passing through the municipalities of São José do Rio Preto, Araraquara, São Carlos, and Barretos, covering five highways: SP 310, SP 333, SP 326, SP 351, and SP 323.
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