Musaab Al Mulla, vice president of energy and economic insights at Saudi Aramco, outlined at the B20 Summit in São Paulo how the company intends to achieve its planned reduction of greenhouse gas emissions. Increased efficiency in energy generation and emissions offsetting are part of the strategy.
On the first day of the B20 Summit, a group that brings together the private sector of G20 countries, the principles of the recommendations that companies will present to the heads of state of their nations were unveiled. Business leaders positioned Brazil as one of the world’s leaders in the low-carbon economy.
Executives from the free zones authority of the Arab country met with leaders of the Arab-Brazilian Chamber of Commerce to present opportunities in the country.
Saudi Arabia has opened its market for Brazilian cotton, including raw cotton, cottonseed, and cotton waste. Brazil has become the largest exporter of cotton in the world this year.
The declaration from the summit of the bloc, which is taking place in Russia, advocates for changes in international organizations, allowing more space for less developed countries. Brazil’s President Lula participated online. Thirteen new countries will be invited to join BRICS as partner states.
The UAE Global Business Forum takes place on Friday (25) in São Paulo to connect entrepreneurs from Brazil and the United Arab Emirates. The UAE’s minister of foreign trade, Thani Bin Ahmed Al Zeyoudi, participates.
Vipal manufactures tire retreading materials, with various nations in the Middle East and North Africa as key markets for its sales.
The Brazilian government announced that Saudi Arabia has authorized exports of these two new products from the national agribusiness, in the wake of two other market openings this year.
The Council of Arab Ambassadors in Brasília was received by Brazil’s Minister of Foreign Affairs, Mauro Vieira. They expressed gratitude for Brazil’s support for Lebanon and Palestine and called for an end to hostilities in the Middle East.
The foreign ministers of Brazil, Mauro Vieira, and Egypt, Badr Abdelatty, met in Russia to discuss the G20 event that will take place in Brazil in November, as well as the conflict in the Middle East.
The Arab-Brazilian Chamber held a meeting between female leaders from Brazil and members of a Saudi delegation in São Paulo for the B20 Summit. The group shared experiences in business.
The government of the North African country has removed the VAT on the import of up to 20,000 tonnes of beef, sheep, goat, and camel meat.
To circumvent the rising prices of olive oil, Brazilians are buying it in smaller volumes, according to Rita Bassi from the Oliva association. The outlook is for a decrease in prices, however, due to the good olive harvest beginning in producing countries.
The street race distributed prizes ranging from approximately USD 90 to USD 900, along with airline tickets to Dubai. The event raised awareness about water usage.
