Bloomberg Saudi Arabia’s Public Investment Fund will invest $10 billion in Brazil and plans to use the country as a gateway to the rest of Latin America, the Brazilian government said. The investment comes after talks between President Jair Bolsonaro and Crown Prince Mohammed Bin Salman, Brazilian Foreign Affairs Minister Ernesto Araujo said. Bolsonaro met Bin Salman in Riyadh, where ...

RIYADH / WAM A senior Russian trade official said that the UAE has demonstrated how a nation can successfully transform its economy, “by expeditiously investing its income from oil.” Speaking on the sidelines of the Future Investment Initiative currently running in Riyadh until October 31, the Head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev told the Russian state ...

Dubai / WAM The team of the Mohammed Bin Rashid Al Maktoum Global Initiatives in charge of the Madrasa e-learning Platform headed for Dakar, Senegal, in collaboration with the Emirates Red Crescent as part of a mission that will benefit at least 1,000 far-flung villages across the world. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...