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Business

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Saudi MATARAT inks pact with Brazil’s Union of Airports

The pact makes it easy for new investors to join the Kingdom's aviation market.
By TRENDS Desk
October 6, 2023 2:28 pm
  • The agreement aims to enhance cooperation and integration between the two parties in aviation and airport management
  • The signing of the MoU took place on the sidelines of the Saudi-Brazilian Aviation Conference in Rio de Janeiro

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. It will also contribute to the growth and development of the aviation industry between Saudi Arabia and Brazil.

 The signing of the MoU took place on the sidelines of the Saudi-Brazilian Aviation Conference, which was held from October 2 to 4 in Rio de Janeiro.

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INSEAD Day 4- 300x600
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