• Poorer countries need money before raising climate targets, says COP29 head

    Copenhagen, Denmark - Developing countries should not have to set stricter targets for cutting their carbon emissions before funds are available to help them transition to cleaner energies, the chairman of this year's UN climate negotiations said Thursday. Addressing a ministerial climate meeting in Copenhagen, Azerbaijan's Mukhtar Babayev said "there is...
  • COP hosts UAE, Azerbaijan, Brazil pledge stronger climate action

    Paris, France--Past and future hosts of the UN climate negotiations the United Arab Emirates, Azerbaijan and Brazil announced Wednesday they would cut their own emissions in line with limiting global warming to 1.5 degrees Celsius. Nations have been under pressure to keep this warming limit alive by pledging to accelerate their...
  • Split over Gaza and Ukraine, G20 meeting ends in discord

    Brazil's Finance Minister Fernando Haddad told a news conference in Sao Paulo that it was "impossible" to reach a final joint statement. The minister said the impasse was over the ongoing conflicts without explicitly mentioning Russia's invasion of Ukraine or Israel's ongoing military campaign in the besieged Gaza Strip.
  • UAE presses for ‘sustainable development policies’ at BRICS meeting in Brazil

    Sao Paulo, Brazil-- The UAE has affirmed that it collaborates with the BRICS nations in order to establish sustainable development policies, effective financing solutions and an advanced digital infrastructure. This was stated by Mohamed Hadi Al Hussaini, UAE's Minister of State for Financial Affairs at the first BRICS finance ministers...
  • IMF predicts soft landing for global economy, yet growth remains muted

    Dubai, UAE - The International Monetary Fund (IMF) in a report has indicated that the global economy is on course for a soft landing, despite ongoing weaknesses in activity and growth prospects. "The cyclical position of G20 countries has proven stronger than previously anticipated as disinflation has so far proceeded...
  • Broad support among G20 for two-state solution in Middle East: Brazil

    There was "virtual unanimity for the two-state solution as the only possible solution," Brazilian Foreign Minister Mauro Vieira told journalists at the close of a two-day meeting of foreign ministers from the world's biggest economies. "The only reason (Vieira) didn't simply say 'unanimity' is that not every speaker addressed the...
  • Saudi foreign minister seeks G20 action on Gaza

    Rio de Janeiro, Brazil - Saudi Foreign Minister Prince Faisal bin Farhan called on G20 nations to apply pressure for concrete measures to halt the conflict in Gaza and advocate for a credible, irreversible path toward a two-state solution. Prince Faisal voiced these sentiments during the inaugural session of the...
  • Brazil summons Israeli ambassador as Gaza row escalates

    The Brazilian foreign ministry said it has also recalled its own ambassador from Tel Aviv for consultations, after Israel summoned the Brazilian envoy and declared Lula "persona non grata" over his remarks on Sunday. The president said the conflict in the Gaza Strip "isn't a war, it's a genocide".
  • Israel says Brazil’s Lula ‘persona non grata’ for Holocaust remarks

    Lula's remarks on Sunday sparked outcry in Israel after the Brazilian leader said the ongoing conflict in the Gaza Strip "isn't a war, it's a genocide" and compared it to "when Hitler decided to kill the Jews". On Sunday, the head of Yad Vashem, Dani Dayan, said that Lula's remarks...
  • ‘Hitler did it to Jews’: Lula accuses Israel of ‘genocide’ in Gaza

    Brazilian President Luiz Inacio Lula da Silva accused Israel of committing "genocide" against Palestinians in the Gaza Strip and compared its actions to Adolf Hitler's campaign to exterminate Jews. "What's happening in the Gaza Strip isn't a war, it's a genocide," Lula said in Addis Ababa where he was attending...
  • In Egypt, Brazil’s president denounces Israel’s Gaza war

    Speaking before an Arab League meeting in Cairo, President Luiz Inacio Lula da Silva, on his second trip to Egypt and his first during his current term, condemned Israel's war in the Gaza Strip, saying that there must be and end to "this inhumanity and cowardice" in the besieged enclave...
  • COP hosts UAE, Azerbaijan, Brazil announce climate ‘troika’

    The UAE hosted last year's COP28 conference in Dubai, while Azerbaijan will host this year's summit followed by Brazil in 2025. The three countries were mandated by 198 signatories to the Dubai agreement to work together on a roadmap to limit global warming to 1.5 degrees Celsius, a key climate...
  • Several nations eager to join Charter of Cooperation, says OPEC Secretary-General

    ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in active talks with several nations eager to join the OPEC+ Charter of Cooperation, following the recent accession of Brazil. The names of these countries will be announced after the completion...
  • Al Nassr thrash Inter Miami as Ronaldo, Messi watch on

    Otavio drilled in the opener as Miami lost the ball trying to play out from the back, bringing Ronaldo to his feet to applaud from the stands. A sliding Talisca turned in Al Nassr's second as the visitors again paid the price for conceding possession near their own box.
  • IEA says oil production to rise but demand to be halved in 2024

    Paris, France - World oil supply will continue to rise this year, the International Energy Agency said on Thursday, as it predicted that demand growth would continue a downward slide throughout 2024. The Paris-based IEA, which advises oil-consuming nations, said it expects increase in global oil demand to halve from 2.3...
  • Chinese foreign minister to visit Egypt, Tunisia this week: ministry

    Wang's overseas travel will coincide with another trip abroad by a top Chinese official, Premier Li Qiang, this week. Li will from Sunday to Wednesday visit Switzerland, the foreign ministry said, where he will attend the World Economic Forum Annual Meeting 2024 and carry out a state visit.
  • Manchester City crowned FIFA Club World Cup winners for first time

    Pep Guardiola also made history as the first coach to lift the Club World Cup on four occasions and with three different clubs after previously winning the competition twice at Barcelona and once in charge of Bayern Munich. "To win the treble was truly special, but to win two more...
  • UAE’s GCAA signs MoUs with Brazil, Switzerland in air-transportation sector

    Riyadh, Saudi Arabia--The General Civil Aviation Authority (GCAA) of the UAE signed two memorandums of understanding (MoUs) with Brazil and Switzerland to strengthen cooperation in the field of air transportation with Brazil and Switzerland. The agreements were signed on the sidelines of the UAE delegation's participation in the fifteenth ICAO...
  • 134 nations to put food, agriculture in national climate plans

    "This declaration is the moment when food truly comes of age in the climate process, sending a powerful signal to the nations of the world that we can only keep the 1.5 degree goal in sight if we act fast," said the group's CEO Ani Dasgupta.
  • Brazil to become OPEC+ member in 2024, says group

    Vienna, Austria - Major producer Brazil will join OPEC+ from next year, the oil cartel announced on Thursday. Brazil is among the world's top 10 producers and has been the largest oil producer in Latin America since 2016. Its crude production hit a record 3.7 million barrels per day in September,...
  • Saudi, Turkey, Egypt among 16 nations viewing climate change as top concern

    Riyadh, Saudi Arabia: Around 80% of consumers surveyed across 16 countries now view climate change as the world’s No. 1 challenge, a recent research conducted by GSMA Intelligence with support from Huawei, revealed. The countries include Saudi Arabia, Turkey, Egypt, South Africa, Argentina, Brazil, France, Germany, Indonesia, Italy, Japan, Pakistan,...
  • UAE defense conglomerate EDGE signed nearly $2bn in deals

    Dubai, UAE -- UAE defense conglomerate EDGE Group has inked deals worth at least $1.8 billion during the Dubai Airshow, with the Emirati military as a key customer, media reports said. A $1.1 billion deal with UAE Ministry of Defense for aircraft munitions was the biggest of the deals. This...
  • US vetoes UN resolution seeking ‘humanitarian pause’ in Gaza conflict

    "The United States is disappointed this resolution made no mention of Israel's rights of self-defense," US Ambassador to the UN Linda Thomas-Greenfield said after the vote. The resolution said the Council "firmly condemns all violence and hostilities against civilians and all acts of terrorism."
  • Brazil exhorts UNSC talks to de-escalate Israel-Hamas war

    Brazilian Foreign Affairs Minister Mauro Vieira has interrupted an Asia trip to travel "to New York to participate in a meeting of the United Nations Security Council, called by Brazil... to address the situation in the Gaza Strip," the ministry said in a statement.
  • Abu Dhabi’s Mubadala to invest $1 billion a year in Brazil

    New York, United States - Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, plans to invest more than $1 billion a year in Brazil in a range of holdings from an oil refinery to a toll road.  The firm’s second fund in the country, Brazil Special Opportunities...
  • Saudi Arabia to enhance air connectivity to over 250 destinations by 2030

    RIO DE JANEIRO, BRAZIL - A delegation led by President of the General Authority of Civil Aviation (GACA) Abdulaziz bin Abdullah Al-Duailej has concluded its participation in the Saudi-Brazilian International Aviation Conference held here from October 2 to 4.    Under the theme "Going Further Together", the conference saw several...
  • Saudi MATARAT inks pact with Brazil’s Union of Airports

    Rio de Janeiro, Brazil - The Saudi MATARAT Holding Company signed Wednesday a memorandum of understanding (MoU) with Brazil’s Union of Airports, which is the sole representative of all federal airports in Brazil. The agreement aims to enhance cooperation and integration between the two parties in aviation and airport management....
  • UAE and Brazil discuss boosting trade, energy, strategic ties

    Brasilia, Brazil-- The UAE and Brazil have explored opportunities to develop cooperation in trade, energy and climate issues in a meeting between Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs of the UAE, and Mauro Vieira, Minister of Foreign Affairs of Brazil, in the capital, Brasilia. The meeting,...
  • EDGE acquires 50% stake in SIATT

    SIATT is Brazilian smart weapons and high-tech systems specialist.
  • UAE’s EDGE acquires 50 percent stake in Brazil’s SIATT

    Sao Paulo, Brazil - The UAE’s EDGE Group, one of the leading advanced technology and defence groups, has announced the acquisition of a 50 percent stake in Brazilian smart weapons and high-tech systems specialist, SIATT. The acquisition deal was officially signed at SIATT's headquarters in the city of Sao Jose...
  • Tree-hugging AI to the rescue of Brazilian Amazon

    The Manaus project has just completed its pilot phase with ten prototype boxes fixed to trees in a densely forested area near Manaus, the capital city of Brazil's northern Amazonas state. The team is now looking for more funding to add hundreds more sensors to the system, including ones that...
  • 14 killed in plane crash in Brazilian Amazon

    News site G1 said the plane was an 18-passenger EMB-110, a twin-engine turboprop manufactured by Brazilian aircraft-maker Embraer. It was reportedly on its way from the state capital, Manaus, to Barcelos, about a 90-minute flight.
  • Brazil’s president walks back comments on Putin’s safety at Rio G20

    New Delhi, India--Brazil's leader withdrew on Monday his personal assurance that Russia President Vladimir Putin would not be arrested if he attends next year's G20 summit in Rio de Janeiro, saying it would be up to the judiciary to decide. Putin missed this year's gathering in the Indian capital New...
  • G20 summit ends with India, Brazil and Russia boasting success

    G20 leaders have been deeply riven over the Ukraine war since Moscow's invasion last year, with Russian President Vladimir Putin skipping the summit entirely to dodge political opprobrium. Leaders of the Group of 20, which brings together Russia and China as well as some of Ukraine's most ardent backers, have...
  • No arrest risk for Putin at Brazil G20: Lula

    Russian president Vladimir Putin has skipped recent international gatherings and sent his Foreign Minister Sergei Lavrov to New Delhi instead. Brazil is an ICC signatory but Lula, speaking to Indian news network Firstpost on Saturday, said Putin would be invited to next year's event, to be hosted by Brazil.
  • BRICS’ share in global GDP to rise to 30% from January 2024: Indian bank

    New Delhi, India -  The share of the BRICS (Brazil, Russia, India, China, South Africa) group in the global Gross Domestic Product (GDP) is set to increase from its current 26% to 30% starting January 2024, State Bank of India (SBI) said in its report.  The growth is attributed to...
  • Mubadala, Petrobras sign MoU

    The two parties will explore potential investment in a biofuel project.
  • UAE and Brazil launch partnership to exchange expertise in economy

    Dubai, UAE -- The governments of the UAE and Brazil have launched a partnership to exchange knowledge and expertise in the economic fields, in a first-of-its-kind initiative within the Government Experience Exchange Programme. The Programme focuses on partnerships and enhancing cooperation with governments in sharing knowledge and expertise in the...
  • Mancini hired as Saudi Arabia team coach for $25m a year

    Mancini's resignation from the Italy job came as a major shock, as earlier this month he had been handed responsibility for the country's Under-21 and Under-20 teams. He was heavily criticised for his decision especially following early reports that he was set to accept a mega-money move to Saudi, which...
  • Spanish footballer Veiga to play for Saudi club Al Ahli

    Gabri Veiga, one of Spain's most promising young players, signed for Saudi Arabian side Al-Ahli from Celta Vigo in a move greeted with disquiet in Spain. Clubs in the Gulf state have signed several of football's top veteran stars this summer on huge deals, including Ballon d'Or holder Karim Benzema...
  • Brazilian exports to Arab countries up 8% in seven months

    Dubai, UAE -- The Arab Brazilian Chamber of Commerce (ABCC) recorded a surge of 8 percent in Brazilian exports to the Arab world during the first seven months of 2023, totaling to $10.61 billion, compared to $9.825 billion in the same period in 2022. Brazilian exports to the the kingdom...
  • Indonesia president to participate in BRICS summit in South Africa

    Jakarta, Indonesia--Indonesian President Joko Widodo departed for South Africa on Sunday to attend the BRICS summit in Johannesburg amid speculation that the country could join the group as its latest member. The meeting, which brings together major emerging economies countries led by Brazil, Russia, India, China, and South Africa, will be...
  • Brazil star Neymar arrives in Saudi Arabia ahead of unveiling ceremony

    Riyadh, Saudi Arabia--Neymar was greeted with much fanfare Friday as he arrived in Saudi Arabia where he joins a growing list of big names lured to the oil-rich kingdom. The 31-year-old Brazil forward who will be unveiled as an Al-Hilal player on Saturday after six seasons with French champions Paris Saint-Germain...
  • Brazil footballer Neymar to join Saudi Arabia’s Al-Hilal

    Paris, France - Brazil forward Neymar has signed for Saudi Arabia's Al-Hilal from Paris Saint-Germain, the clubs announced on Tuesday, joining Cristiano Ronaldo and Karim Benzema as the latest big name lured to the Kingdom. "I am here in Saudi Arabia, I am Hilali," Neymar said in a video posted to...
  • EDGE signs agreement with Turbomachine to jointly build engines

    Abu Dhabi, UAE--EDGE has signed an agreement with Turbomachine to work together on the development of engines, including turbofan and propellant fan, for EDGE portfolio of UAVs and missiles. The agreement will see EDGE and Turbomachine work closely together on the development of engines, including turbofan and propellant fan, for...
  • Saudi, Brazil companies partner for collaboration in water desalination

    Sao Paulo, Brazil - Saudi Arabia's Saline Water Conversion Corporation (SWCC) has signed a memorandum of understanding (MoU) with the Brazilian company WEG - specializing in electrical engineering, energy, and automation - to strengthen strategic cooperation in water desalination and its technologies. The agreement provides opportunities for localization and content...
  • Brazilian-Saudi Investment Forum witnesses inking of 25 MoUs

    SAO PAULO, BRAZIL - The Ministry of Investment organized here the Brazilian-Saudi Investment Forum, which saw the signing of many memoranda of understanding (MoUs) in various fields. The 25 MoUs covered petrochemicals, healthcare, defense, food, real estate, tourism, water desalination and treatment, and agriculture. Attending the Forum on Monday were...
  • Brazil midfielder Fabinho quits Liverpool, signs deal with Al-Ittihad

    Fabinho, the Brazil midfielder, will join Karim Benzema and N'Golo Kante at Al-Ittihad, one of four Saudi clubs controlled by the Gulf state's sovereign wealth fund. He has signed a three-year deal after completing his move from Liverpool. The 29-year-old was left out of Liverpool's pre-season squads for trips to...
  • Google launches ChatGPT rival Bard in EU, Brazil

    The US tech giant unveiled Bard in February but delayed its release in the European Union as the bloc plans to regulate artificial intelligence amid concerns about risks associated with the rapidly growing technology. The company said it would incorporate user feedback and take steps to protect people's privacy and data as...
  • Brazilian group seeks trade, investment boost with UAE

    Sharjah, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) organized the UAE-Sao Paulo Business Forum on Thursday, marking a significant stride towards fostering economic relations between the UAE and Brazil. During the forum, the two sides discussed joint efforts and investment opportunities available in both cities, focusing prominently...
  • Brazil’s exports to Arab countries $5.16bn in four months, up 10%

    Dubai, UAE -- Brazilian exports to Arab countries during the first four months of this year have increased by 10.33 percent, reaching $5.69 billion, compared to $5.162 billion during the same period last year, the Arab Brazilian Chamber of Commerce (ABCC) said. The top destination for Brazilian exports during this...