Dubai, UAE-- Oman and Etihad Rail Company, the operator of the UAE-Oman Rail Network, has signed a memorandum of understanding (MoU) with Vale, the Brazilian mining giant, to look at the possibility of using the rail network in the transportation of iron ore. The MoU was signed by Ahmed al...

Tehran, Iran – Iran’s trade with BRICS member states reached 47.99 million tons worth $38.43 billion in fiscal 2022-23. In fiscal 2022–23, Iran's trade with the BRICS nations—Brazil, Russia, India, China, and South Africa—amounted to 47.99 million tonnes worth $38.43 billion, up 14 percent in value and 0.81 percent in...

Abu Dhabi, UAE - The UAE is among the largest international investors in Brazil, with an estimated US$5 billion in Emirati investments in South American country, with the presence of major Emirati companies such as Mubadala, the largest Emirati investor in Brazil, DP World, Emirates Airlines, First Abu Dhabi Bank,...

They also announced a series of deals, including one for the UAE-controlled Mataripe refinery in northeastern Brazil to invest up to $2.5 billion in a biodiesel project in the region, and another on cooperating against climate change. The UAE is due to host the COP28 UN climate talks later this...

ABU DHABI, UAE - Brazilian President Luiz Inacio Lula da Silva arrived here Saturday, following a two-day visit to China to strengthen economic and diplomatic ties. The UAE's energy and infrastructure minister, Suhail bin Mohammed al-Mazrouei, welcomed the Brazilian leader at Abu Dhabi airport, local media reported. Lula, who in January...

Tangiers, Morocco--Morocco stunned Brazil 2-1 in a friendly international on Saturday as the north African side recorded a first ever win over the five-time world champions. Midfielder Sofiane Boufal, a former Southampton star, but now playing with Al Rayyan in Qatar, gave Morocco the lead after 29 minutes, scoring with a...

President Luiz Inacio Lula da Silva led the tributes as Brazil said its final farewell to football legend Pele, widely regarded as the greatest player of all time. Fans, politicians and football dignitaries flocked to pay their respects to Pele in Santos, home to the club where he spent most...

Brazilian football icon Pele, a three-time World Cup winner who transformed the "beautiful game" and is widely regarded as the greatest player of all time, died on Thursday at the age of 82. The hospital in Sao Paulo treating Pele said his death after a long battle with cancer was...

The firm must stand trial to face US$12 billion damages claim

Montreal, Canada-- Creating a new global fund for biodiversity -- a core demand of developing countries at UN talks in Montreal -- "would take years" and be less effective than reforming existing financial mechanisms, Canada's environment minister said Tuesday. Ottawa's position reflects the consensus among developed nations on the thorny issue,...

The European Union reached an agreement to ban the import of products including coffee, cocoa and soy in cases where they are deemed to contribute to deforestation. The draft law, which aims to ensure "deforestation-free supply chains" for the 27-nation EU, was hailed by environmental groups as "groundbreaking". Illegal production...

Payment for settling graft claims against firm in DR Congo.

Gunners fans that have marveled at his early season form -- five goals and two assists in 14 Premier League matches -- it took many aback in his homeland. A video even began circulating on social media purporting to show Brazil's talisman Neymar reacting with surprise to Martinelli's inclusion when...

World Cup organisers hope the start of the football will quell the controversies that have overshadowed preparations for the tournament ever since Qatar was named as host nation in a shock FIFA vote in 2010.

Brazil, knocked out by Belgium in the quarter-finals in the 2018 edition in Russia, open their campaign against Serbia next Thursday.

Doha, Qatar— Thousands of migrant workers wearing the colors of Argentina, Brazil and England staged a World Cup rally in Doha Friday, less than 10 days from the start of the tournament. Fans of Lionel Messi, Neymar and Harry Kane converged on the Doha seafront for a march that would normally...

Luiz Inacio Lula da Silva's victory over climate-skeptic Jair Bolsonaro has raised hopes for the battle against global warming. Election officials in Brazil on Sunday declared leftist Lula won in a run-off against his far-right rival. A spokesperson for Lula told AFP that he "is considering going but has not...

The decision, which can be appealed, came after Brazil's justice ministry slapped a separate fine of nearly $2.5 million on Apple in September over the same issue and barred the US tech giant from selling its iPhone 12 and 13 models without chargers. The new fine -- 100 million reais...

Speaker of the UAE Federal National Council (FNC) Saqr Ghobash discussed with Uruguay's Minister of Livestock, Agriculture and Fisheries Fernando Mattos Costa the prospects for joint cooperation in several fields.

The travel services provider’s latest contract win cements its position as the leading ground services provider in Brazil.

It returned to profit in Q2 after posting a loss in first quarter

Jordanian companies forged trade partnerships during their participation in the APAS Show 2022, an annual food and beverages exhibition held southeast of Brazil in Sao Paulo. Seven companies participated in the Jordanian pavilion, which was organized by the Jordanian-Brazilian Business Association and Jordan Exports, a public-private institution that coordinates national...

US giant ExxonMobil announced in April the discovery of three new oil deposits in Guyana, raising estimates of the country's oil reserves to the equivalent of 11 billion barrels. Those discoveries fueled Guyana's existing border dispute with Venezuela, which wants to explore territorial waters claimed by both countries.

Brazilian President Jair Bolsonaro has criticized it for rising fuel prices.

Huge swathes of tropical rainforest were burned or hacked down for cattle and crops last year, led by destruction in Brazil, researchers said Thursday, warning that climate change itself is making it harder to reverse the losses. Some 11.1 million hectares (27.5 million acres) of tree cover was lost across...

The agreement is expected to reinforce the ABCC’s operations in the cultural area and allow for it to get closer to the academic world via an institution like FUNAG.

Amid a global pandemic, Dubai strategically turned a business and culture event into a public diplomacy spectacle unmatched in history.

Brazilian President Jair Bolsonaro decided on Monday to replace the president of state-owned oil giant Petrobras, Joaquim Silva e Luna, amid strong pressure due to recurrent increases in fuel prices.

Debt dropped to $47.62 billion in 2021 from $63.17 billion in 2020.

Trade between Brazil and Arab countries grew by 44 percent during 2021, with food exports alone reaching an estimating $14 billion, its highest since 2012, said Tamer Mansour, CEO of the Arab Brazilian Chamber of Commerce. This comes as Arab countries, especially in the Gulf region, are combating the pandemic...

Brazil Special Opportunities Fund I is Mubadala's first fund in Brazil.

The design of the bloack diamond Enigma is based on the Middle Eastern emblem of the palm — also known as “khamsa,” “hamsa,” or "the five".

The value of Bahraini imports increased by 18 percent in the fourth quarter of 2021, reaching BD1.406 billion, the Information & eGovernment Authority (iGA) said in its foreign trade report. The report, which encompasses the data on the balance of trade, imports, exports (national origin), and re-exports, said the value...

The UAE and Brazil have reiterated their resolve to boost bilateral relations in the light of the strategic partnership between the two countries.

Besides the UAE, Albania, Brazil, Gabon and Ghana formally took up the posts they won in an election in June. During its two-year term, the UAE will serve as president of the Security Council twice--March 2022 and June 2023.

Saudi Arabia will allow direct entry of fully vaccinated expatriates from Indonesia, Pakistan, Brazil, Vietnam, India and Egypt from December 1 without the need to spend 14 days in transit outside their countries before entering the kingdom, reports said. However, they will have to spend a five-day quarantine regardless of...

Lewis Hamilton maintained the momentum from last week's stunning win in Brazil to claim pole for the inaugural Qatar Grand Prix after a "really sweet" qualifying lap on Saturday.

While Brazil takes international pledge at COP26 to end deforestation by 2030, the destruction of the Amazon rainforest keeps rising in the country.

The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro at Expo 2020 on Saturday. The meeting saw the signing of several agreements and MoUs between the two sides.

InvestSP Corporation and the Global Logistics Passport initiative have signed a Memorandum of Understanding or MoU for better shipping and logistics.

A forum organized by the Sharjah Chamber of Commerce and Industry (SCCI) brought together more than 100 businesspersons from the UAE and Brazil to discuss cooperation and investment opportunities. The Sharjah-Sao Paulo Business Forum on Wednesday highlighted joint investment opportunities, encouraged cooperation and partnerships in various economic sectors. The forum...

A report by the International Renewable Energy Agency confirms Covid-19 caused delays and supply chain disruptions, with impacts on jobs varying by country and end use.

Before the pandemic, around 75 percent of the tourist traffic between Brazil and the Middle East were to and from the UAE, and new direct flights from the UAE to Brazil’s Amazon and the Northeast regions are expected to reattain that traffic.

Brazil's tourism minister has said the country is planning to attract about a million tourists from the Middle East in the next three years by launching more direct flights from the UAE to the Amazon and the northeast regions. Before the pandemic, around 75 percent of the tourist traffic between...

Trade between the United Arab Emirates and Brazil has grown 33 percent in the first eight months of 2021, defying the atmosphere of gloom plaguing the global economy due to the Covid pandemic.

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

Arabica coffee on the ICE Futures US exchange has doubled in price over the last 12 months

JFR will get access to large-scale mining concessions with quality reserve prospects for copper, gold, silver, nickel, iron ore and tantalite Deal likely to position the UAE-Brazil partnership as a major player in Brazilian copper mining sector The UAE-based JFR Investments, part of the Angola-based Ridge Solutions Group, said on...