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.
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.
The South American nation exported 46 tonnes of coffee to the Arab region during the first eight months of 2013.
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-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.