The Kuwait Foreign Petroleum Exploration Company, established by the Arab country to explore and produce oil abroad, acquired a 20% stake in a Brazilian pre-salt project from Shell Brasil.
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The Ministry of Ports and Airports is conducting virtual and in-person presentations to potential buyers of the terminal ahead of the auction scheduled for March 30.
In Bahrain’s non-oil product exports for the fourth quarter of 2025, aluminum alloys ranked first. The Arab country saw a 5% increase in non-oil exports.
The monetary authority will transfer up to USD 2,000 to beneficiaries of assistance programs, totaling USD 600 million per month.
In 2025, exports grew 17% over 2024, totaling USD 48.6 billion, according to the Ministry of Investment and Foreign Trade.
Bovine heparin is used in clinical therapies. Approval for sales to the Gulf country was announced by Brazil’s agriculture and foreign affairs ministries.
Price increases were driven by higher rental costs and basic services such as water, electricity, and gas.
The Oman Expo & International Forum will bring government and private sector representatives to Muscat in early February for a series of events aimed at strengthening the Arab country’s bilateral ties.
Exports totaled USD 21.34 billion last year. Avian flu in Rio Grande do Sul state and falling commodity prices influenced the performance.
Countries sign memorandum of understanding to foster the exchange of professionals and technologies and the promotion of mutual investments.
The increase in prices compared with November of the previous year was driven by food, housing, and communications. In comparison with December 2024, inflation expanded by 1.6%.
The Minister of Pharmaceutical Industry announced projects to locally produce drug raw materials and reduce industry imports.
Alba achieved a historic output of 1.623 million metric tons last year, exceeding the annual target.
The Qatari airline will operate three daily flights between Doha and São Paulo International Airport starting February 19.
