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A UNCTAD report shows that Brazil received USD 77 billion in foreign direct investment in 2025, making it the world’s fifth-largest recipient. The United Arab Emirates ranked ninth, while Saudi Arabia came in 13th.

Workers install the new Kiswa, a black silk and gold-embroidered cloth that covers the Kaaba, at the Grand Mosque in the holy city of Mecca on Tuesday (16), marking the Islamic New Year. The occasion is celebrated across Muslim countries, many of which observe a public holiday to mark the beginning of the Islamic calendar.

A delegation from Saudi Arabia’s Ministry of Energy met in Brasília with Brazil’s Minister of Mines and Energy, Alexandre Silveira, and First Lady Janja da Silva.

The International Monetary Fund says Algeria has made efforts to generate revenue from sectors beyond the economy’s traditional pillars, but the country remains heavily dependent on oil revenues.