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ANBA Bulletin, May 2, 2022 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Inflation expected to stick in 2022 worldwide
This Monday (2) in your ANBA Bulletin: Inflation has become a concern for economies worldwide this year. According to experts interviewed by ANBA, the price hike was mainly caused by the pandemic and the war and could continue until the end of 2022. Inflation is expected to decelerate in 2023.
Forty-five Brazilian tourism agents will travel to Tunisia this month. They will get to know the country to sell it better at their agencies, an initiative that could boost the flow of Brazilian tourists to the Arab country.
Get to know the project for teaching Brazilian Portuguese in Egypt. Also, the Egyptian company Pyramids intends to sell fruits and vegetables to the Brazilian market.
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The government of Syria has promoted an envent on energy via its Embassy in Brasília. The Levant country is preparing to hold the first ever Energy Investment Conference of Syria. The event will be held on May 15 and 16 in Syrian capital Damascus.
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The high inflation that affects the major developed and emerging economies is expected to remain strong over 2022 and lose momentum in 2021 due to a bitter pill: rising interest rates. In Brazil, surging prices are influenced by the global outlook as well as specific issues: rising prices of commodities both domestically produced and imported, a valued exchange rate in 2020 and 2021, and an accelerated interest rate reduction over the last couple of years that have forced an equally fast rise in recent months.
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Where to stay during the World Cup in Qatar? Now, fans visiting the Arab country to watch the matches will have the option of staying in modular desert chalets, in fan villages, according to the Qatar Accommodation Agency (QAA), which is part of the Supreme Committee for Delivery and Legacy of the 2022 FIFA World Cup.
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Brazil’s current accounts recorded a deficit of USD 2.4 billion in February. In February 2021, the deficit was USD 4 billion in current accounts, which is the sum of the balance of trade, net income from abroad, and net current transfers.
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A group of 45 travel agents will learn more about Tunisia’s tourism on-site in May. The famtour, as trips to promote tourist destinations are called, will occur from May 9 to 18, with a one-week stay in the Arab country. A journalist will also participate.
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A leading company in the Egyptian agricultural sector, Pyramids for Agro-Industries (PAI), a division of the Misr Pyramids Group, wants to start exporting to Brazil. “We are eager to develop trade relations between our countries,” the company’s Exports regional manager Mona Ibrahim told ANBA.
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Certification company Cdial Halal brought together Brazilian political, business, and religious authorities this Wednesday (27), in the city of São Bernardo do Campo, state of São Paulo, for an Iftar, a break from the Ramadan fast. Muslims fast from sunrise to sunset during the holy period, and the Iftar is a moment of celebration and unity. Representatives of the Arab Brazilian Chamber of Commerce (ABCC), including the organization’s president, diplomat Osmar Chohfi, participated in the celebration.
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Demand for Portuguese language classes, specifically the variation spoken in Brazil, has increased in recent years in Egypt. The observation comes from Evelyn Koch, educational coordinator at the Brazilian Institute in Cairo. The Brazilian has been living and working in Cairo for three years. “Ever since I started, demand has only grown because it is a niche market. We have many students who seek to learn the language because they work with foreign trade, and speaking Portuguese brings them benefits. These benefits can also be seen in the area of tourism. Tour guides love Brazilians and aspire to work with this audience,” she revealed.
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A project aiming to renovate the gum arabic belt will be implemented in the states of North, South and West Kordofan, state news agency SUNA reported based on information revealed by National Forestry Corporation in North Kordofan director Mohamedain El-Amin Mohamedain.
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This week, Egypt and the United Arab Emirates signed memoranda of understanding (MoUs) for cooperation on green hydrogen. Egyptian Prime Minister Mostafa Madbouly participated in signing the agreements, which provide for collaboration in developing green hydrogen production plants in the Suez Canal Economic Zone (SCZONE) and on the coast of the Mediterranean Sea in Egypt.
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