A USD 16 billion deal between Kuwait Oil Company and an international consortium involving a pipeline network is the largest foreign direct investment ever recorded in the country.
Author: From the Newsroom
Brazilian forward Juan Bezerra, who came through Vasco da Gama’s youth academy and plays for Zamalek, was named both Player of the Season and Best Right Winger at the Egyptian Football Awards.
In a statement issued Monday (27), Qatar’s Public Works Authority announced the results of construction and demolition waste recycling projects.
Registration opened on Monday (27) for the exam that awards the Certificate of Proficiency in Portuguese for Foreigners (Celpe-Bras). Lebanon is among the countries where the test will be administered.
Jordan’s export revenue rose 5.8% in the first five months of this year. Exports of raw potash increased 38%, while nitrogen fertilizer exports climbed 15%.
The Brazilian company has announced the sale of its stake in a joint venture providing cancer treatment services in Saudi Arabia. The business was sold for USD 6.5 million.
In an assessment released Thursday (23), the International Monetary Fund said Brazil’s economy has shown remarkable resilience despite a challenging global environment and is expected to grow 2.4% this year.
In a campaign to attract more visitors, Dubai is offering more than AED 3,000 in credits for hotels, dining and leisure to UAE citizens and residents who invite guests to visit the emirate.
Abra Group, the parent company of Gol, Avianca and Wamos Air, has signed a memorandum of understanding with the UAE’s Etihad Airways to expand air connectivity between Latin America, the Middle East and Asia.
Abu Dhabi fund signs framework agreement with Brazilian company at air show in England to collaborate on areas including research and talent development.
Memorandums of understanding have been signed to advance the construction of a pipeline linking Haditha, Iraq, to Banias, on Syria’s Mediterranean coast, thus creating an alternative route for international oil supplies. The project is expected to be completed within two and a half years.
Morocco, Egypt and Algeria were the highest-ranked Arab national teams at the tournament, according to the overall FIFA rankings released on Monday (20).
After three months of decline, Brazilian exports to Arab markets in the Gulf region, where the Middle East conflict is centered, posted a slight increase again in June.
Abu Dhabi-based defense and technology group Edge has reached an agreement to acquire Akaer, a Brazilian company with which it already has a partnership. The transaction is subject to regulatory approval.
