Ministers of Finance and of Economy and Trade convene with an International Monetary Fund delegation to come up with a growth strategy.
In the first quarter of the year, 21.3% of Jordanians were unemployed, according to information from the Department of Statistics.
After a trip by the region’s governors to Qatar, the United Arab Emirates, and Saudi Arabia, there is an expectation of business deals and investments in the coming months.
Brazil’s economy saw 1.4% growth in the first quarter of the year compared to the last quarter of 2024, fueled by agriculture, which was up 12.2%.
From January to April of this year, USD 54.6 million worth of fertilizers got shipped from the North African country to Brazil, a 44.2% increase from a year ago.
The pilgrimage to the holy city of Mecca, in Saudi Arabia, starts next Wednesday (4) for millions of followers of Islam.
The country will acquire between 100,000 tons and 120,000 tons of the grain in order to ensure its supply.
The Arab-Brazilian Chamber of Commerce will hold activities in both states from June 2 to 6. Registration is open for companies interested in participating in seminars on business opportunities with Arab countries.
A delegation from the International Monetary Fund met with local authorities and highlighted the need for economic reforms so that the country can achieve greater growth.
The Fienile group developed an innovative technique to increase crop efficiency and presented its projects to Arab Gulf countries.
Speaking in the Senate, Brazil’s Minister of Agriculture and Livestock, Carlos Fávaro, said that the vast majority of countries recognize the strength of Brazil’s sanitary system and that all measures from the contingency plan to contain avian flu have been implemented.
ed by the Arab-Brazilian Chamber, the Brazilian chemical company made a trip last month to the United Arab Emirates, Egypt, and Saudi Arabia, during which it found a distributor and closed a sale. The company is considering opening a facility in the region.
In the first quarter of this year, financial institutions in the Gulf reported a net profit of USD 15.6 billion, 7.1% higher than in the previous quarter.
Bidding notices for contracts will be issued by the end of next year, with investments totaling USD 21 billion, according to the oil company’s CEO, Magda Chambriard.
