The UAE’s investments in Brazil rose to $5 billion as the Emirates continued to deepen its trade and economic ties with Latin America’s largest economy, Abdulla bin Touq, Minister of Economy, laid bare. The figures were revealed during a visit by Brazilian President Luiz Inacio Lula da Silva to the UAE. “The bilateral relations between the two countries have experienced real development in a variety of political and economic spheres,” Mr bin Touq told state-news agency Wam.
You May Also Like
Rupee appreciates against dollar in interbank
Islamabad: The exchange rate of the Pakistani rupee strengthened by Rs. 2.96…
- Alina Hashmi
- February 9, 2023
Bank of England hikes interest rate to 14-year high
It emerged on Thursday that the Bank of England (BoE) had hiked…
- Alina Hashmi
- December 15, 2022
Trump strikes trade deal with Japan to cut tariffs
The United States and Japan struck a deal to lower the hefty…
- Hafsa Mustafa
- July 23, 2025
Trump names 5 cryptocurrencies for national reserve, sending prices soaring
US President Donald Trump on social media announced the names of five…
- Hafsa Mustafa
- March 3, 2025