Rio de Janeiro, October 5, 2023, The CEO of the Saudi MATARAT Holding Company, Eng. A Memorandum of Understanding (MoU) was signed on Wednesday by Mohammed Abdullah Al-Maghlouth and the Brazilian Union of Airports, the sole organization authorized to speak on behalf of all Brazilian federal airports. In the area of aviation and airport administration, the agreement intends to improve collaboration and integration between the two sides. Additionally, it will help the aviation business between the Kingdom of Saudi Arabia and Brazil expand and thrive. The MoU was signed in conjunction with the Saudi-Brazilian Aviation Conference, which is taking place from October 2–4 in Rio de Janeiro, Brazil.