Oil giant netted USD 1 billion more than expected from a secondary share sale in response to demand from investors.
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Real estate sales in June amounted to USD 298 million, with 285 transactions, and Al Dhaayen, Al Rayyan and Doha municipalities topping the most active transactions.
In a speech at the Mercosur summit in Paraguay, the Brazilian president mentioned the launch of talks with the UAE for an agreement with the bloc and Brazil’s ratification of the agreement with Palestine.
Brazil deposited an instrument ratifying the Free Trade Agreement between Palestine and Mercosur on July 3, causing the treaty to come into effect between the two countries within 30 days. Brazil’s Foreign Ministry says the agreement is a tangible contribution towards an economically sound Palestinian state.
Brazil shipped an average volume of 431,400 tonnes in the first quarter of 2024 compared to 428,000 tonnes last year. June’s and first quarter’s results were down, though, although Saudi Arabia and the United Arab Emirates stepped up purchases.
Central Bank expects inflation to fall below year-on-year 7% in the second half of 2024 and continue to gradually ease.
Canada-headquartered company is now fully owned by Brazil’s Seb group. School network plans on being operational in 39 countries by 2025.
Brazilian company was established in 2018 and has since sold kitchen, bathroom and living room products to consumers in 15 countries. Quick-drying shower mat is a favorite of Arab customers.
Mubadala Capital is the controlling company of ATG, which will manage the venture in Brazil’s Rio de Janeiro. Early trials are planned for later this year.
Since 2021 Mag Halat has designed women’s clothing. Muslim women living in Brazil are the leading buyers of the garments that cater to these audience with a modern twist.
This is part of the previously approved program size of USD 1.2 billion to help the country face medium-term balance of payments problems.
Partnership will commit USD 1.5 million over three years to offer fellowships and grants for the fieldwork of early-career conservationists in developing countries.
Bidders can submit offers until August 7 to supply five locomotives, their spare parts, and training to operate them.
First bloc to be auctioned this year will include port areas in the states of Pernambuco, Rio de Janeiro, and Rio Grande do Sul. Auction was postponed to August 21 following the loods in southernmost state Rio Grande do Sul.

