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.
Browsing: Mubadala
Petrobras CEO Jean Paul Prates met with an executive of Mubadala in the UAE and said that they will collaborate to finalize the new corporate and operational structure of the Landulpho Alves Refinery, which was bought by the group.
Mubadala Capital energy firm headquartered in Bahia launched at COP28 a renewable fuel project based on the oil harnessed from macaúba, a Brazilian native fruit.
The company, one of the biggest ethanol producers in Brazil, completed its judicial recovery process. The company will receive USD 102.86 million from Mubadala.
Brazilian major biofuel company Atvos announced the transfer of USD 1.3 billion of its debt, thus allowing it to leave judicial recovery and pave the way for the investments of Arab fund Mubadala.
With the presence of the Brazilian and Emirati presidents, the governor of Brazil’s state of Bahia signed a Memorandum of Understanding with a Mubadala executive for investment in green diesel and jet fuel production.
The investment company from the United Arab Emirates bid to acquire control of Zamp, which owns recognized restaurant chains in Brazil.
Mubadala Capital acquired two medical schools in the state of Bahia, it said in a statement.
The Emirati fund now controls MetrôRio. The company from Rio de Janeiro was owned by the Invepar group, the majority shareholder of GRU Airport.
Production is designed to cater to demand in the United Arab Emirates for N95 masks, as part of the personal protective equipment supply chain.
The UAE’s satellite-based internet provider is offering new subscribers one month free of charge, available through June 30.
Dubai will host, in January, a conference to promote the industry’s business and the country as an international hub for the sector.
