Saudi Arabia, Brazil Hope to Kindle Investment With Deeper Ties [BNN Bloomberg (Canada)]
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BRF S.A. (BRFS)
Last brf s.a. earnings: 11/11 04:01 pm
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Source: BNN Bloomberg
Their relationship started with chicken exports in the 1970s. And now the bond is becoming a way for the Global South heavyweights to diversify their trade ties and insulate their economies from geopolitical risk. While China and the US are far bigger partners for each, two-way trade between the kingdom and the Latin American giant totaled about $7 billion last year. The Gulf Research Center, a Saudi non-profit, sees that rising to $10 billion by 2030 as the relationship deepens, with Brazil consistently showing it's willing to give something back to its Arab suitor. BRF SA, one of the world's largest poultry suppliers, plans to announce a new plant in Saudi Arabia that will likely see it produce chicken locally for the first time, according to people familiar with the matter. And planemaker Embraer SA has partnered with the kingdom to help develop its aerospace industry. This week in Rio de Janeiro, an institute backed by the kingdom's nearly $1 trillion sovereign Public Inves
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News
- Is BRF (BRFS) Outperforming Other Consumer Staples Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- Frozen Snack Food Market size is set to grow by USD 14.6 billion from 2024-2028, Rise in launch of frozen products boost the market, Technavio [Yahoo! Finance]Yahoo! Finance
- Saudi Arabia, Brazil Hope to Kindle Investment With Deeper Ties [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Saudi Arabia, Brazil Hope to Kindle Investment With Deeper Ties [Yahoo! Finance Canada]Yahoo! Finance Canada
- BRFS vs. MHGVY: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
BRFS
Sec Filings
- 6/6/24 - Form 6-K
- 5/22/24 - Form 6-K
- 5/22/24 - Form 6-K
- BRFS's page on the SEC website