Oil giant netted USD 1 billion more than expected from a secondary share sale in response to demand from investors.
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Brazil shipped an average volume of 431,400 tonnes in the first quarter of 2024 compared to 428,000 tonnes last year. June’s and first quarter’s results were down, though, although Saudi Arabia and the United Arab Emirates stepped up purchases.
Since 2021 Mag Halat has designed women’s clothing. Muslim women living in Brazil are the leading buyers of the garments that cater to these audience with a modern twist.
Brazilian foreign minister and GCC secretary-general Jasem Mohamed AlBudaiwi discussed topics such as the relations between Brazil and the Arab countries in the Gulf, and the conflict in Gaza.
Isabel Oliveira Fine Jewelry is a global firm that also has points of sales in Paris, Miami and three malls in São Paulo. A partner of the brand says the experience of having a store in Saudi Arabia has been spectacular.
At the FII Priority, held in Rio de Janeiro by a Saudi Arabia’s institute, the Brazilian president spoke of the strong partnership between the two countries at BRICS and noted Brazil has plenty of stability to offer.
The institution’s international relations vice president Mohamad Mourad said Brazilian officials brought a message of optimism in regard of the country’s growth, and the 2025 edition has been confirmed.
Saudi Arabia’s officials expect the number of pilgrims to exceed last year’s 1.8 million. Hajj officially begins on Friday (14).
Mauro Vieira met with Saudi Arabia’s foreign minister Faisal bin Farhan on the sidelines of the BRICS meeting.
The three Arab leading buyers of poultry from Brazil stepped up their imports in May, ABPA says. The UAE are the second leading importer, followed by Saudi Arabia in third, and Iraq in sixth.
The Arab-Brazilian Chamber welcomed a group of Saudi young entrepreneurs led by the country’s Social Development Bank who expressed interest in cooperating and striking partnerships with new businesses in Brazilian industries such as gaming.
In meetings in the Arab country, Brazil’s vice president and ministers also presented the Brazilian potential in agriculture and sustainable development.
Three protocols of intent were signed during a trip of Brazilian vice president Geraldo Alckmin to Saudi Arabia. Delegation features ministers, high-ranking officials, and business representatives.
Brazilian vice president Geraldo Alckmin will have meetings with two Saudi ministers in his visit to Riyadh in the next couple of days. He will visit the country with businesspeople and other six Brazilian ministers on their way to China.

