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Al-Matiya Investment signs agreement with Petros BioEnergy

DUBAI: Al-Matiya Investment and Petros BioEnergy signed an agreement of understanding regarding commercial investment in several fields including technology, agriculture, food, sports, education, health and medicine.

Sheikh Awad Mohammed bin Sheikh Mejren, His Excellency Dr Juma Madani, Chairman of the Board of Directors of the Investment Vehicle; His Excellency Munira Al Blooshi, Vice President and Secretary General of the Investment Vehicle; Mr Muhammad Rahat, Director of the Financial Department of the Al Matiya Investment; Mr Ernani Polo, Secretary of State for Economic Development of the State of Brazil; Mrs Marjorie Kaufman, Secretary of State for Energy and Environment for Brazil and Mr Evaldo da Silva, Junior Director of Trade, Investment and International Affairs Promotion for Brazil signed the investment agreement of understanding between Al-Matiya Investment and Petros BioEnergy.

The partnership will contribute to the exchange of outstanding commercial experiences in the future.


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Sheikh Awad Mohammed bin Sheikh Mejren expressed his happiness over this historic achievement for the United Arab Emirates and Brazil, saying the fruitful cooperation will contribute towards the trade renaissance between the two countries.


His Excellency Dr Juma Madani also expressed his deep gratitude and congratulations to His Excellency, His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, and Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, for their encouragement of Emirati businessmen to exchange investments and open trade lines with Brazil.

Mr Mauri Gyan expressed his gratitude to the government of the United Arab Emirates for the warm reception it received from them. He especially congratulated the UAE for hosting COP28, which gave them the opportunity to visit the beautiful country with all its landmarks, and expressed his great happiness with the signing of the mutual investment agreement between Al-Matiya Investment and Petros BioEnergy.

He said the agreement will contribute to welcoming a large number of Brazilian investors to the UAE.

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