The Brazilian oil company had a drop in net profit. Still, it recorded its sixth-best-ever EBITDA, driven by higher oil exports and lower LNG imports.
Australia-headquartered company Fortescue announced it will invest USD 5 billion to establish a renewable power plant in Brazilian state Ceará.
The fund and local authorities agreed to a USD 1.2 billion loan. The country is expected to grow 2.6% this year.
Saudi Arabia’s Public Investment Fund has raised its stake in the UK luxury carmaker to 20.5% from 17.9%.
The oil company produced 2.38 billion liters of S-10 type ultra-low-sulfur diesel in October.
Brazilian Tourist Board chair Marcelo Freixo (pictured) wrote an article on the growth of Muslim-friendly tourism and Brazil’s willingness to provide a high-quality experience to these travelers.
First edition of BFSHOW in Porto Alegre will feature importers from across 29 countries, including Egypt, the United Arab Emirates, Kuwait, and Libya.
International Relations students from São Paulo’s FMU met with the institution’s president, Osmar Chohfi, and the Marketing & Communication vice president, Silvia Antibas. They learned about the diplomatic and commercial relations between Brazil and the Arab countries.
The orchestra of young Arab musicians will perform under the baton of Brazil’s Ed Côrtes on November 23 at Teatro Poupex in Brasília.
Brazilians had meetings with foreign publishers and agents in one of the major literary events in the Middle East. Buyers are primarily interested in children’s books.
The Export director of Minerva Foods, Murilo Corral (pictured below), pens an article on the increasing global consumption of halal protein and the company’s strategy to meet this demand.
Industry report shows that the product was shipped at USD 4.6 per kg in the third quarter, down from USD 6.2 in the same period last year.
The recruitment roadshows for wide-body aircraft captains and first officers will be held in São Paulo on Wednesday (8) and Thursday (9).
The club from Rio qualified for the FIFA Club World Cup and is expected to play its first match on a Saudi field on December 18. Among the possible opponents for the debut are two Arab teams.
