Financier Sheila Al-Rowaily will join the Saudi Arabia Central Bank board of directors. She worked for several years at Saudi Aramco, where she led the creation of an investment company.
The Tourism ministers of both countries penned a memorandum for investments and cooperation in Jeddah. Ahmed Al Khateeb promised to work for a Rio de Janeiro-Riyadh air route.
Brazilian entity Fambras will participate in the 26th edition of the International Book Biennial from July 2 to 10 at Expo Center Norte in the capital city of São Paulo. The stand’s attractions will be stories of Muslim inventors and the comic book ‘Khalil,’ which already has eight volumes.
Sumitomo will open its largest plant for vehicle electrical harnesses in the world in the Arab country. The company will take advantage of the benefits offered by the government to investors.
Al Foah is exhibiting its dates and date products in natural products show Naturaltech in São Paulo until June 11. The company has invested in its brand awareness in Brazil.
The Egyptian government will implement a strategy to increase tourism in the country. The president of a sector entity said Egypt is working to attract more visitors from Latin American countries, especially Brazil.
Orbital tech lead Wallace Erick pens article about the development of digital certificates NFTs and the growth of this universe in some Arab countries.
Saudi gaming company Savvy Gaming has acquired 8.1% of Swedish Embracer Group for USD 1 billion. The group owns celebrated game franchises such as Tomb Raider (pictured above) and Deus ex.
Brazilian storage capacity for agricultural products reached 183.3 million tonnes and is mainly allocated to maize. It grew 1.5% in the second half of 2021 compared to the first.
Startup Eve signed a letter of intent with aviation services operator Falcon Aviation to deliver 35 electric vertical take-off and landing aircraft starting in 2026. Touristic flights will leave from the hotel Atlantis, The Palm in Dubai.
A decree by the Brazilian federal government withdrew wharfage fees levied on movements inside ports from import tariff calculations. The goal is to make purchases of imported products more affordable.
The e-commerce company has expanded its international sales program, which has been available since Tuesday (7) for all sellers on the platform, not only guests sellers.
The 4th edition of the Arab Diversity Food Market will take place at the headquarters of the Brazilian Arab Culture Institute (ICAB), in Brasília, on June 11, from 12:00 pm to 4:00 pm BRT.
An IMF team conducted a virtual mission in the country and reported that commodity prices have exacerbated the local economic and humanitarian crisis. Yemen is a net importer of oil.
