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.
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The emirate’s crown prince launched a program promoting the adoption of AI agents among companies, including training, incubators, and funding support.
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.
Researchers from Brazil, Egypt, China, Iran, Russia, and South Africa can apply for funding for collaborative projects in areas such as mental health diagnostics and climate event forecasting. Applications are open until June 16.
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.
The Al Miyah Challenge for Agriculture has selected six projects promoting innovation in agriculture with efficient water use. Krilltech represents Brazil in the competition.
DMCC executive chairman and CEO Ahmed Bin Sulayem says the Cacao Center will bring buyers and suppliers together and include processing infrastructure.
A subsidiary of Qatar National Bank (QNB) will finance a Sustainable Aviation Fuel production facility in Egypt. The project is being launched with the ambition of becoming the largest SAF initiative in the Middle East and Africa.
Country says the move increases flexibility to “respond to market dynamics” and sees a mid-term rise in energy demand.
Agriculture ministers from both countries meet in Brasília to discuss cooperation, with Mauritanian delegation set to visit Expozebu in Uberaba.
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.
Measures by the Agricultural Bank of Sudan focus on boosting farm output, expanding infrastructure, and improving its legal framework.
