INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

UAE and Brazil discuss ties, sign several agreements

The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro.
  • Sheikh Mohammed and Bolsonaro explored avenues to strengthen ties between the two countries
  • They also looked at future opportunities and new strategic partnerships in a range of fields

The UAE has discussed with Brazil several avenues to increase cooperation and strengthen bilateral ties.

The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro at Expo 2020 Dubai on Saturday, November 13, according to an official statement from the Dubai side.

Sheikh Mohammed, who is also vice-president and prime minister of the UAE, and Bolsonaro are said to have explored avenues to strengthen ties between the two countries as well as future opportunities and new strategic partnerships in a range of fields.

During the meeting, Sheikh Mohammed bin Rashid praised Brazil’s development drive in various sectors, according to the statement.

He is also said to have highlighted the UAE’s keenness to boost cooperation in the fields of trade, agriculture, energy, and other vital industries.

Bolsonaro, on his part, reportedly expressed his country’s desire to enhance cooperation with the UAE, and strengthen economic cooperation, trade and knowledge and cultural exchange.

Sheikh Mohammed and Bolsonaro also witnessed the signing of a number of agreements and Memorandums of Understanding aimed at strengthening cooperation between the two countries.

The agreements included an MoU on cooperation in education, which was signed on behalf of the UAE by the Minister of State for Public Education Jameela Al Muhairi.

A draft agreement on the repatriation of convicted prisoners was signed on behalf of the UAE by the Minister of Justice Abdullah bin Sultan bin Awad Al Nuaimi.

A draft MoU for international cooperation and discussions between the Emirates Center for Strategic Studies and Research and the Alexandre de Gusmão Foundation was signed by Sultan Mohammed Al Nuaimi, Director General of the Emirates Center for Strategic Studies and Research.

The agreements and MoUs were signed on behalf of Brazil by the country’s Foreign Minister Carlos Alberto Franco França.