The president of the North African country, Mohamed Ould Cheikh El-Ghazouani, has announced a project funded by the Islamic Development Bank. This initiative aims to clean up the waterway and support vulnerable groups in agriculture.
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The Jeddah Food Cluster, recognized by the Guinness World Records as the largest food park in the world by area, was officially launched this Monday (24), with plans to attract USD 5.3 billion in investments.
A delegation led by Secretary-General Ahmed Aboul Gheit attended the summit of heads of state and government as a guest for the first time.
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.
An event held by the Global Policy House discussed the development of the digital economy in Africa and the upcoming G20 summit in South Africa.
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.
The United Arab Emirates is in talks for a free trade agreement with the South American customs union. Minister Ahmed Al Sayegh discussed the topic at a press conference during the G20 Summit in Rio de Janeiro.
The final declaration from the Summit calls for broader humanitarian aid to civilians and reiterates the commitment to a two-state solution for the conflict in Palestine.
The Tunis International Center for Environmental Technologies presented at the climate conference in Baku its TouMaLi Project, designed to reduce plastic waste from tourism in the Mediterranean Basin.
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).
Tamim bin Hamad Al-Thani joined the G20 Summit opening meeting and was greeted by Brazil’s president Luiz Inácio Lula da Silva.
Brazilian agricultural attachés have been newly appointed to nations including the United Arab Emirates and Algeria. Brazil’s incoming attaché to Ethiopia will also work to advance Brazilian interests in Djibouti.
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.
During a meeting on Sunday, leaders of the two countries discussed cooperation as relates to culture, industry, and defense. A partnership agreement was signed.