The owner of English Premier League champions Manchester City is selling a US$500 million stake to private equity firm Silver Lake, valuing the football club's owner at US$4.8 billion, the Financial Times reported on Wednesday.
Brazilian food processor BRF SA on Tuesday announced an agreement to invest around US$ 120 million to build its first chicken processing plant in Saudi Arabia in a bid to strengthen its position in a key growth market.
The United Arab Emirates and Brazil signed several agreements on Sunday during President Jair Bolsonaro's visit to Abu Dhabi, which marks his first official trip to the Arab world. He arrived in the UAE on Saturday and is set to head to Qatar and Saudi Arabia, where he will take part in the Future Investment Initiative.
Brazilian President Jair Bolsonaro arrived in Abu Dhabi on Saturday for a tour of three Gulf states, hoping to turn the page on a diplomatic storm last year with Arab nations over a proposal to move Brazil's embassy in Israel to Jerusalem.
United Nations chief Antonio Guterres said climate-related devastation was striking the planet on a weekly basis and warned on Sunday that urgent action must be taken to avoid a catastrophe.
Trucks carrying food and medical supplies sent by the United States to be stockpiled until it can be brought into Venezuela will arrive later this week at Guaido’s request and will be prepositioned at the main Colombian-Venezuelan border crossing at Cucuta, U.S. sources revealed
Police in Abu Dhabi and Dubai said the number of reported traffic accidents plunged during the recent three-day BlackBerry outage. In Dubai, traffic accidents fell 20% from average rates on the days BlackBerry users were unable to use its messaging service. In Abu Dhabi the drop was steeper, 40% and there were no fatal accidents.