Saudi Arabia’s investment minister Khalid al-Falih said at the World Economic Forum in Davos that the energy transition will be at the core of the Gulf region’s strategy to fuel its growth.
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An agreement signed between Unica and ApexBrasil at COP28 aims to facilitate meetings, events, and missions between Brazil and African and Asian countries. Evandro Gussi, CEO of Unica, told ANBA that ethanol is a quick, easy, and cheap solution for decarbonization.
TudoAzul and Emirates Skywards promise to offer more benefits for frequent flyer members.
A memorandum of understanding was signed on the sidelines of the Future Mineral Forum with the Royal Commission for Jubail and Yanbu, the region where an iron ore briquettes project will be implemented.
The Arab country’s economy is projected to sustain its 2023 growth rate this year, according to the Fund’s projections. The IMF approved a new disbursement to support Jordan’s economic development.
After participating in tech event GITEX in Dubai, CTO Tiago Faria said that he plans on establishing an office in the emirate, but before that, he wants the app in Arabic.
Results released by the vehicle manufacturers association revealed a 16% decrease in foreign sales of light commercial vehicles, buses, and trucks.
According to data from the International Air Transport Association, air travel demand in November 2023 reached 99.1% of November 2019 levels.
There was a 10.8% drop in revenue and a 16.6% decrease in volume from 2022, according to sector association data. In December, Libya imported USD 730,000.
Divinut, a nut company based in Brazil, shipped 18 tonnes of pecans to the Saudis in November and, in late December, sent its first container to Egypt with 21 tonnes.
According to the sector lobby, sales to both countries grew from the same month in 2022. Brazil’s poultry exports increased by 6.6% in 2023.
GDP growth prospects were published on “World Economic Situation and Prospects 2024” report, which also forecasts challenges for the growth of Africa as a whole.
In 2023, the country paid nearly USD 1 billion to institutions like the United Nations and the Organization of American States.
The negative balance in current transactions was of USD 1.55 billion, a drop from 2022.
