Browsing: News

The Brazilian state-run oil firm has approved a business plan for 2025-2029, with projected investments of USD 77 billion in exploration and production, USD 20 billion in refining, transportation, and marketing, and USD 11 billion in gas and low-carbon energy.

After meetings to review the financing program for Egypt, the International Monetary Fund issued a statement on the country’s economy. There has been progress with the implemented reforms, reflecting on the balance of exchange rates and inflation, but the regional environment, with the conflict in Gaza and attacks in the Red Sea, impacts the economic landscape.

A delegation from Ladayn Polymer Park is currently in São Paulo to present benefits to businesses in Brazil and invite them to manufacture plastic products out of Oman using local raw materials.  The delegates were welcomed at the Arab Chamber this Monday (18).

Brazil’s president officially launched the Global Alliance Against Hunger and Poverty this Monday (18) during the G20 Summit. Arab signatory nations include Saudi Arabia, Egypt, the UAE, Jordan, Lebanon, Mauritania, Palestine, Somalia, Sudan, and Tunisia.