Latest news with #GabrielAraujo
Time Out Abu Dhabi
24-06-2025
- Sport
- Time Out Abu Dhabi
The Para Swimming World Series 2025 is coming to Abu Dhabi for the first time
In a major first for the Middle East, Abu Dhabi will make a splash on the global sporting calendar this November as it hosts the Para Swimming World Series, and it's not just a one-off. The capital's Mohammed bin Zayed City Aquatics Complex will be the stage for the grand finale of the 2025 season, running from November 27 to 29, capping off a globe-spanning calendar that has included stops in Japan, Spain and Peru. The event marks the first time the Para Swimming World Series comes to the region, part of a new four-year agreement that will see Abu Dhabi host the championship through to 2028. Yes, that means it's here to stay – with dates for 2026 already confirmed. 🏆 𝗖𝗜𝗧𝗜 𝗣𝗔𝗥𝗔 𝗦𝗪𝗜𝗠𝗠𝗜𝗡𝗚 𝗪𝗢𝗥𝗟𝗗 𝗦𝗘𝗥𝗜𝗘𝗦 𝗔𝗪𝗔𝗥𝗗𝗦 🏆 What a season for Brazil's Gabriel Araujo! 🇧🇷 Not only does he take the Overall Men's title, but he also claims the crown in the High-Support Needs Men's category with an outstanding 4229 points. — Para Swimming (@Para_swimming) December 19, 2024 For context: this isn't your average swimming meet. The Para Swimming World Series brings together the best of the best – elite athletes and rising stars – in a competition that goes far beyond medals. Think resilience, excellence and world-class talent across multiple classifications, including high-support needs athletes and junior categories. Previous winners include powerhouses like Alice Tai, Gabriel Araujo and Maisie Summers-Newton. The Abu Dhabi event will follow the Toyota World Para Swimming Championships in Singapore in September, making it a fitting finale to the season. For fans, it's a rare chance to watch elite-level para sport up close, with a format that emphasises both individual brilliance and team performance, thanks to a global points-based system that runs across all World Series events. The competition is being co-organised by Zayed Higher Organisation for People of Determination and Abu Dhabi Aquatics Club, two key players helping to grow adaptive sport across the UAE. Not only is this a big win for the local sporting scene, but it's also a landmark moment for inclusion in sport across the Gulf. Expect high-energy heats, emotional finishes and the kind of stories that stay with you long after the medals are awarded. Craig Nicholson said: 'Five out of this year's nine Para Swimming World Series hosts are welcoming the event for the first time. We are thrilled to announce that Abu Dhabi is now part of this group, marking the first World Para Swimming competition to take place in the Middle East. 'This is a testament to the growth and development of our sport and to the work being done across the globe to expand opportunities for athletes.' November 27-29. Mohammed bin Zayed City Aquatics Complex. Summer in Abu Dhabi This is exactly how long summer will last in Abu Dhabi this year Feeling the heat? The 27 best things to do indoors this summer in Abu Dhabi It's time for some air-conditioned bliss Yas Waterworld's epic new expansion is opening this summer – including 12 new slides Weeeeee!
Yahoo
18-06-2025
- Business
- Yahoo
SkyWest, Lithuania deals lift Embraer at Paris Airshow
By Gabriel Araujo SAO PAULO/PARIS (Reuters) -Investors and analysts on Wednesday welcomed fresh deals announced by Brazilian planemaker Embraer at the Paris Airshow, including a major regional jet order from SkyWest and a defense agreement with Lithuania. The announcements helped Embraer's shares climb as much as 5%, making it the top performer on Brazil's benchmark stock index Bovespa, and underscored positive sales momentum for the company. Embraer got off to a turbulent start on Monday at Le Bourget as Polish carrier LOT, a long-time E-Jet operator, chose Airbus' A220 regional jet over the Brazilian firm's E2 family after a hard-fought contest for a landmark 40-airplane deal. But it recouped ground on Wednesday as U.S. airline SkyWest placed a firm order for 60 E175 jets valued at $3.6 billion at list price, with options for 50 more. The deal was described as a "mega order" by Embraer's commercial aviation head, Arjan Meijer, who added in a statement that the E175 was the "cornerstone of regional aviation in North America." Santander analysts praised it as a "strong positive development" for Embraer due to the meaningful boost to its backlog and indications of continued demand for the first-generation models in the key region. The Brazilian firm also revealed that South Africa-based Airlink plans to lease 10 second-generation E195-E2 jets from Azorra, a move which Itau BBA believes could lead to further orders from the U.S. lessor in the future. NATO BOOST On the defense front, Lithuania said it had tapped Embraer's KC-390 airlifter for its fleet, paving the way for the acquisition of three aircraft. Financial details were not disclosed. Analysts say the move may fuel more orders from European and NATO countries, with nations such as Portugal, Hungary and the Netherlands having also selected the aircraft, which competes with Lockheed Martin's C-130. "We see potential for at least 50 new orders for the C-390 from NATO countries with the rise in defense investments in Europe," Bradesco BBI said in a note to clients. Embraer, the world's third-largest planemaker after Airbus and Boeing, has been riding tailwinds on the back of strong demand for its jets. Its shares have surged 30% so far this year, building on gains of more than 150% in 2024. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-05-2025
- Business
- Yahoo
Embraer reaffirms 2025 outlook, says US tariffs have 'limited impact'
SAO JOSE DOS CAMPOS, Brazil (Reuters) -Brazilian planemaker Embraer on Tuesday reaffirmed its full-year delivery and financial outlook, and said that tariffs imposed by the United States so far had "limited impact" that did not affect its first-quarter results. The world's third-largest aircraft maker after Airbus and Boeing expects to deliver 77 to 85 commercial jets this year, with executive aviation deliveries seen between 145 and 155 aircraft. The company said that early in the year, its U.S. content helped mitigate the impact of sweeping tariffs, which have sparked retaliatory steps from U.S. trading partners and increased economic and business uncertainty. Embraer said that its commercial aviation unit was not impacted in the period, while acknowledging that it had to make operational changes to reduce the exposure of the Phenom and Praetor business jets to the trade conflict. In the first quarter, Embraer reported a 23% year-on-year increase in net revenues to $1.1 billion, which it said was the highest for the period since 2016. Core earnings represented by adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) more than doubled to $108.6 million. Embraer had previously reported deliveries of 30 aircraft in the January-March period, which is seasonally weaker for planemakers. It expects revenues to reach $7.0 billion to $7.5 billion in the full year. (Reporting by Gabriel Araujo; Editing by Andrew Heavens and Tomasz Janowski)
Yahoo
02-05-2025
- Entertainment
- Yahoo
Fly with a smile: Brazil airlines cheer Lady Gaga-driven demand
By Gabriel Araujo and Patricia Vilas Boas SAO PAULO (Reuters) - Brazilian airlines are enjoying a boost as fans from all over the country fly to Rio de Janeiro ahead of a free Lady Gaga concert that is expected to draw more than 1 million fans to Copacabana Beach this weekend. The 39-year-old "Die with a Smile" and "Poker Face" singer from New York will take the stage at the famous beach on Saturday as part of Rio's efforts to bring superstars to perform at free events that authorities say lift the local economy. The country's largest carriers - the local unit of Chile's LATAM Airlines, Gol and Azul - all reported on Friday that they have been operating more flights that are close to full. LATAM said in a statement that between Wednesday and Monday it had increased the frequency of its flights to Rio's two main airports, Galeao and Santos Dumont, by 25% compared to the previous week, while offering 26% more seats. "Passenger demand justifies the investments," said the carrier, which is also a sponsor of the concert, noting that on Wednesday and Thursday its flights from Brazilian cities to Rio de Janeiro were 90% full, a measurement known as the load factor. That is higher than the 80.8% load factor LATAM registered in domestic routes in the first quarter. Rio de Janeiro's city government estimates that 1.6 million people will attend the concert, Gaga's first in Brazil since 2012, with attendance also boosted by a long weekend as the South American country celebrated Workers' Day on Thursday. Azul in a statement said the load factor of its operations to Rio this week hit 91%, while Gol said it had added 60 flights to Galeao airport from other major Brazilian cities. The free open-air concerts, whose lineup also included Madonna last May, are providing a much-needed boost after a drastic reduction in recent years in the number of flights to Rio while the city grappled with an economic crisis. "Music tourism is the darling of the moment in Brazil," Tourism Minister Celso Sabino said. "People are traveling more and more to see concerts and festivals. This boosts the entire tourism industry, from hotels to coconut water stalls."
Yahoo
07-04-2025
- Business
- Yahoo
Santander, BNDES back Mombak reforestation, drawing on Brazil climate fund
By Gabriel Araujo SAO PAULO (Reuters) -Reforestation startup Mombak has secured 100 million reais ($17.8 million) in a deal with Santander Brasil and Brazilian development bank BNDES, it said on Monday, eyeing rapid growth in the carbon removal market. Mombak, which buys degraded land from farmers and ranchers or partners with them to replant native species in the Amazon rainforest, will be the first to fund a reforestation project with the backing of the Brazil's "New Climate Fund". Brazil's government launched the 10 billion-real initiative in 2023 to finance climate-related projects. Santander is serving as financial intermediary for the deal, underscoring growing interest from private lenders in the nascent sector. BNDES had offered a credit line for up to 160 million reais to Mombak in August, but the startup needed a financial agent providing required guarantees to access the capital. "There is a challenge between getting this approval and actually being able to use the capital. We are reaching a very important milestone," Mombak co-founder Gabriel Silva said in an interview. Mombak currently has 45,000 acres under management, an area three times the size of Manhattan, and by June expects to have planted 8 million trees in the world's largest rainforest. By turning degraded land into forests, the company is working to generate "carbon credits" that companies can buy to offset their greenhouse gas emissions. Mombak, which has deals with buyers such as Microsoft, Google and McLaren, has inked $150 million worth of carbon removal offtake contracts - a figure it expects to triple or quadruple this year, CEO Peter Fernandez said. Some firms in Brazil's nascent carbon market have complained of difficulty getting loans to reduce capital costs and finance operations, as many investors still see it as risky. BNDES director Tereza Campello said the Mombak deal should set a precedent helping to ease some of those concerns. The bank sees Brazil, home to nearly 60% of the Amazon rainforest, as well positioned to be a leading player in carbon offset markets. "This is the role of a development bank. We are taking the initiative," Campello said in an interview. "This deal shows the market is viable and that not only BNDES believes in it, but other financial institutions too." Santander sustainability head Leonardo Fleck said fresh funding reflected an increasingly established market in Brazil. "Capital is flowing, companies are planting and getting offtake contracts with large global firms. I see it a lot like a puzzle - you start to fit the pieces together." ($1 = 5.6321 reais) Sign in to access your portfolio
