Brazil’s Finance Ministry will take part in upcoming meetings of the BRICS bank and the G7 finance track. In addition to the economic impacts of ongoing wars, Dario Durigan is expected to bring up the issue of raw materials essential to the technology industry.
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Saudi Arabia’s oil company posted net profit of USD 32.5 billion in the first quarter and said a pipeline was key to bypassing transport restrictions in the Strait of Hormuz.
The Brazilian company delivered 44 aircraft from January to March this year, 47% more than in the same period of 2025, and recorded its highest-ever revenue for the period at USD 1.4 billion.
Exports to Africa rose 34.9% compared to April 2025, according to trade balance data for the period released by the Ministry of Development, Industry, Trade and Services.
Located in Casablanca, the unit will dismantle end-of-life vehicles and foster the circular economy. The group already operates a similar center in Osasco, Brazil.
At an automakers’ association Anfavea event, Brazil’s president said the country’s automotive industry faces the challenge of competing for markets in Latin America and Africa and should not leave them to parent companies.
The Central Bank has allowed financial institutions and electronic payment companies in the country to work with international payment networks such as Visa and Mastercard in a move to modernize local finances.
Tawazun Council for Defence Enablement signed a deal with the Brazilian planemaker for a firm order of 10 planes and an option to purchase 10 more.
Brazilian meatpacker announced the completion of a partnership with HPDC, owned by a Saudi fund, launching a joint halal products business. The new company is preparing an IPO on the Saudi stock exchange.
CFI Financial Group, founded in Lebanon and now with offices in several cities, will offer access to financial instruments such as fixed income and equities in Brazil.
Country says the move increases flexibility to “respond to market dynamics” and sees a mid-term rise in energy demand.
Exports, however, decline between January and March, according to data from Brazil’s Ministry of Development, Industry, Trade and Services.
Growth refers to the first quarter, when 33.5 million passengers were transported in the country.
Diaverum announced the acquisition of four clinics from the Lund Group in the state of São Paulo. The company now operates 18 medical centers in Brazil.
