The mining giant sold half of its distribution operation in the Arab country, the VODC, to a company from the United States for USD 600 million.
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The commodity’s prices have declined due to a lower demand from China. Brazil’s trade balance could be impacted, and Arabs could import more.
The ambassador of Oman to Brasília, Talal Al-Rahbi, defended Palestine and highlighted the promising investment relationship between Brazil and Oman. The celebration of the Arab country’s National Day took place in the Brazilian capital this Monday (20).
Paulo Rebello is a political analyst and Political Science Ph.D. student at the University of Salamanca, Spain. His research focuses on Brazil’s relations with the Middle East, especially the Gulf countries.
The diplomat and teacher gave a lecture about her rich professional career and talked about how speaking Arabic was key for her.
A dinner party in the house of Palestine’s ambassador Ibrahim Alzeben celebrated the completion of the mission of four international envoys.
Oman’s SalamAir signed an order for E195-E2 jets, while Royal Jordanian Airlines signed a memorandum to introduce two variants of Embraer’s jets.
Brazil-based Milagros founder has visited regions that work with resin extraction in Somalia and Oman. The brand sells over 20 types of incense.
Over the millennia, frankincense has been a symbol of Arab countries like Oman and an economic mainstay of farmers in Somalia and Sudan. The sap is the raw material of incense, but its trees are endangered due to the overexploitation.
The office of the Arab Brazilian Chamber of Commerce in Dubai organized a business trip to Oman earlier this week on the occasion of the Bicentennial of the Independence of Brazil. Executives say the Arab country is a market full of opportunities.
The potential for a more strategic relationship is significant, emphasized Khaled Hanafy, secretary-general of the Union of Arab Chambers at the Economic Forum Brazil & Arab Countries. In a panel, executives from the Chambers of Oman, Bahrain, and Jordan spoke on the future of this connection.
Projects aim to increase wind and solar energy capacity in the Middle East and North Africa from 12.1 to 73 GW by 2030. Oman, Morocco, Algeria and Kuwait have some of the most ambitious plans.
An IMF report points out that the Arab country is seeing an economic recovery due to policy actions to mitigate the impact of the pandemic and support households, as well as increased hydrocarbon prices.
Dr. Nawal Khamis Al Mezeini won one of the categories of Oman’s National Research Award. The investigator pointed out how to achieve a more sustainable production in the Arab country.
