Memorandums of understanding were signed on Sunday (17) in Rio de Janeiro by Brazil’s president Luiz Inácio Lula da Silva and Abu Dhabi’s crown prince Khaled bin Mohamed bin Zayed Al Nahyan.
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Saudi Arabia’s minister of Finance, Mohammed Al-Jadaan, praised Brazil’s agenda execution. He has joined the G20 Summit in Rio alongside the Saudi foreign minister Faisal bin Farhan bin Abdullah, who is attending the event on behalf of crown prince and prime minister Mohammed bin Salman bin Abdulaziz Al Saud.
The head of the Arab Brazilian Chamber of Commerce Dubai office, Rafael Solimeo, joined a discussion on Brazil’s potential and advantages in biofuel production.
Economic activity picked up by nearly 1% month-on-month and by 5.1% year-over-year in September as per Brazilian Central Bank figures.
Brazil’s vice president and ministers will formalize on Wednesday (13) at COP29 in Azerbaijan its most ambitious NDC target yet: a 59% to 67% reduction in greenhouse gas emissions by 2035.
The state-run company Saidal should see an increase in business volume in 2024, and plans are in place for an even bigger leap in 2025 through portfolio diversification as part of a strategy geared at reducing medication imports to the Arab country.
The government has reduced or lifted tariffs on items including cancer drugs, wind turbine blades, tires, and pesticides.
The 200-odd countries participating in the United Nations Climate Change Conference in Azerbaijan approved this Monday (11) the UN’s new rules for the carbon credits market.
The company Oman Lens launched the OL-1 satellite into space for remote sensing and Earth observation purposes. The equipment will monitor environmental conditions in the Arab country.
The United Nations Climate Change Conference is set to open on Monday (11) in Baku, Azerbaijan. The Brazilian industry association CNI will host activities at its stand in the event’s Green Zone. The Arab Chamber is supporting the CNI and will also participate.
Professionals from publishing houses sat on panels and had business meetings at an event in the United Arab Emirates.
The Arab country was the third biggest importer of beef from Brazil year-to-date through October and accounted for 4.7% of total foreign sales.
The Brazilian aircraft manufacturer reported USD 22.7 billion in orders in its Q3 2024 results. Deliveries saw a sharp increase from July to September, and both revenue and profit went up.
Egypt and the United Arab Emirates have been invited to join the G20 Summit on October 18 and 19 in Rio de Janeiro.
