Page 7 - Omar Assi News Today

According to information released by the Ministry of Supply and Internal Trade, the price of the product imported from Brazil dropped 12% at official points of sale in the Arab country.

The Egyptian government announced it would hold five major regional forums to present climate-related projects. They will occur right before the 27th United Nations Climate Conference, to take place in Sharm El-Sheikh in November.

The Arab country signed a Memorandum of Understanding with Indian company Renew Power to implement a green hydrogen plant.

Participating over the internet in the Economic Forum Brazil & Arab Countries, ministers of Egypt, Jordan, and Morocco presented opportunities for Brazilian companies.

Fertilizers are one of the promising sectors for the Egyptian economy, and their connection with food and clothing is of utmost importance to the global economy. Brazil accounts for 90% of the company’s exports.

Companies from both countries signed investment agreements worth about USD 7.7 billion during the Saudi prince's visit to Egypt.

Sumitomo will open its largest plant for vehicle electrical harnesses in the world in the Arab country. The company will take advantage of the benefits offered by the government to investors.

The Egyptian government will implement a strategy to increase tourism in the country. The president of a sector entity said Egypt is working to attract more visitors from Latin American countries, especially Brazil.

The Egyptian Financial and Industrial Company seeks to expand exports to the Latin American market, especially Brazil.

Egyptian prime minister Moustafa Madbouly received Arab Brazilian Chamber of Commerce and Union of Arab Chambers heads last weekend in Cairo.