Search Site

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

UAE, Brazil discuss cooperation in space field

  • The two countries discussed various possible areas for cooperation in the space sector
  • Brazil also thanked the UAE for its inclusion of space-science topics in Expo 2020 Dubai

The UAE and Brazil have discussed cooperation in the field of space exploration, said local reports on Sunday, September 5.

The reports said the UAE’s Ambassador to Brazil, Saleh Ahmed Al Suwaidi, discussed the ties with Brazilian space agency AEB’s President Carlos Moura.

They also reportedly discussed the participation of the Brazilian space sector in Expo 2020 Dubai.

During the meeting, Al Suwaidi reportedly pointed out that there are various possible areas for cooperation between the UAE and Brazil in the space sector.

He stressed that the UAE has made advanced strides in this field, most notably sending the Hope Probe to Mars and being among the first countries to sign the Artemis Accords, which aims to enhance space cooperation globally.

For his part, Moura reportedly thanked the UAE for its inclusion of space-science topics in Expo 2020 Dubai, stressing his country’s participation in several activities in the Space Week.

He also expressed his aspiration to hold many meetings aimed at strengthening the strategic partnership between the two countries in this vital sector.