Saturday 12 July 2014
 
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South America

Peru road shows target Mideast markets

Peru, a fast growing emerging economy, is set to hold road shows in Abu Dhabi and Dubai with the goal of promoting greater inward investment from Middle Eastern markets. The tour will see a 35 strong Peruvian delegation led by sen

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Etihad eyes South America expansion

Etihad Airways is keen to expand its footprint in South America, and is currently in discussions with South American-based carriers about potential commercial partnership, said president and CEO, James Hogan. The airline currently

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Emirates SkyCargo expands in S America

Emirates SkyCargo, the freight division of Emirates, a leading international airline, is now able to connect three points in South America with trade opportunities in more than 100 destinations. This follows the recent launch of a daily pa

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UAE group to set up mint house in Suriname

UAE-based Kaloti Jewellery Group, a major player in the physical precious metals market, has announced plans to jointly set up a mint house in Suriname in South America. The new Kaloti Suriname Mint House to be set up in Suriname will

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BP's $7bn S America stake sale collapses

BP's plan to sell a stake in its South American unit for $7 billion (4 billion pounds) has collapsed, potentially trimming the oil major's cash flow and making it harder to raise its payout to shareholders. China's biggest offshore oil pro

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DP World expands into Suriname

Dubai-based DP World, a leading global marine terminal operator, has expanded its portfolio to Suriname on the northeast coast of South America. DP World has acquired a controlling interest in both Integra Port Services (IPS), the company

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Dubai Exports to begin S.America trade mission

Dubai Exports, an agency of the Department of Economic Development (DED), is launching its second trade mission to South America, particularly in Argentina, Brazil and Chile. After the first trade mission to South America in 2010, Dubai Ex

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Emirates to fly Buenos Aires, Rio de Janeiro

Emirates will commence daily non-stop service to Rio de Janeiro and extension to Buenos Aires from January 3, 2012. “Both Buenos Aires and Rio de Janeiro are rightly renowned as world-class leisure destinations as well as important busines

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Brazil, Chile firms merge to create largest airline

Two of South America's biggest airlines, Brazil's TAM Linhas Aereas and Chile's LAN have announced merger plans that aims to create the largest carrier in Latin America, Latam Airlines. With this merger, Latam will ha

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Qatar Airways to fly Brazil, Argentina

Qatar Airways announced that it will begin daily flights to Brazil and Argentina from June 24, marking the airline’s first operations to South America. With the airline’s acquisition of two brand new Boeing 777-200 Long Range aircraft in t

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