Mubadala and Trafigura are looking to sell the port terminal Porto Sudeste, in Rio de Janeiro state, say reports
Brazil’s Mines and Energy Minister Alexandre Silveira said Petrobras will only enter into an agreement if the buyback is “economically viable”
Bird flu, officially called highly pathogenic avian influenza, has increasingly spread to mammals, raising concern of human transmission
The four-times weekly flights from Dubai to Rio de Janeiro with onward service to Buenos Aires will operate as EK247/EK248
The partnership involves the operation of the Soto Norte Gold Project in Colombia, one of the world’s largest feasibility-stage gold projects
China, Brazil and the UAE were the only three emerging economies that ranked on the index
The company has set up a Covid-19 Response Fund worth $1m and has collaborated with government entities and charitable associations to assist regional communities
The flight will mark Emirates’ eighth year of operations in Brazil
The publicly traded certificates will be used to invest in mid-sized Mexican businesses that have strong growth potential
Venezuela’s government is pushing for action to boost low oil prices that have battered its economy
The company did not disclose the size of the stake that was sold or the value of the deal
Hassad Food, wholly owned by the Qatar Investment Authority, was set up in 2008 to boost the Gulf country’s food security.
Venezuela’s international reserves have deteriorated sharply due to the tumbling oil prices which hit new lows last week below $50 per barrel.
Deal provides Abu Dhabi carrier with access to Gol’s domestic network as well 14 destinations across Latin America
The amount represents a five-fold increase compared to the same period (June 12 – June 15) in 2013, said Visa.
Peru hopes to double trade with the UAE this year, according to the head of the Trade, Tourism and Investment Office of Peru in the UAE.
Higher oil prices due to tensions in Crimea and economic weakness in Argentina and Brazil are expected to weigh on profits.
The South American nation exported 46 tonnes of coffee to the Arab region during the first eight months of 2013.
Latin beauty firms have found a goldmine export market in Dubai and the Middle East.
Saudi Arabia was Brazil’s top trading partner in the Middle East during the first half of the year.
The agreement will reportedly cut EBX’s debt with Mubadala by more than 25 per cent to between $1.6 billion and $1.7 billion.
The Abu Dhabi carrier will offer non-stop flights to Sao Paolo three times a week.
The country is mainly eyeing investments in energy, logistics and infrastructure.
Trade flows between the regions increased by 3.26 per cent in 2012 compared to the previous year.
Food and beverages, mining and construction are among the growth sectors.
The decision follows Egypt’s ban after fears of mad cow disease case.
The Abu Dhabi-based airline announced that it will operate daily flights to Sao Paulo from June next year.
Maria das Gracas Foster will oversee a $225 billion investment proposal to more than double Petroleo Brasileiro’s oil output.
The fast food giant will continue sponsoring the Olympic Games for another eight years.