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THIS MORNING: ADGM updates data protection regulations + Fed set to cut rates for the first time in months today
Plus: UAE-Mercosur trade pact could close in the next few months
Abu Dhabi Crown Prince meets Brazil’s Lula on Brics summit sidelines
Plus: UAE joining in drafting joint communique calling for IMF reform
DP World and Maersk partner to upgrade Port Santos terminal in Brazil
The eight-year agreement will see the port’s weekly calls and capacity increase
UAE to reopen embassy in Beirut
The UAE previously closed its embassy in Beirut in October 2021 amid diplomatic tensions
ADIG to invest USD 100 bn in Brazil
The target sectors include technology, aviation, and automobile manufacturing
UAE signs bilateral agreements with Indonesia + to cooperate on USD 19 bn development projects in Brazil
ALSO- The Abu Dhabi Customs and Brazil's Tax Authority launched the pilot phase of the Trusted Digital Trade Corridor project
UAE, Brazil agree to cooperate on investments, sustainability on the sidelines of G20
The two countries agreed to set up a mechanism to promote UAE investments in strategic sectors in Brazil