The institution had net profit of US$ 1.3 billion in the first half of the year. Assets reached US$ 118.5 billion, the largest in its history.
Author: From the Newsroom
Saudi Arabia and the United Arab Emirates had announced US$ 8 billion in aid to the country after the ousting of President Mohamed Morsi. The IMF has not had contact with the interim government.
Brazilian sector exports to the region totalled US$ 3.9 billion. In June, shipments were US$ 528 million, an increase of 2.5%.
The country should only buy 51,000 tonnes from abroad this crop, according to projections from the Conab. The previous estimate was 163,000 tonnes, but domestic growers are supplying the national market.
Both organisations signed an agreement to strengthen technical assistance and training in the area on the continent. The objective is to strengthen participation of the region in multilateral trade.
The country exported 637,000 bags to the region in the first half. Revenues with shipments, however, were practically the same as those in the same period in 2012.
The Brazilian trade balance had a surplus of US$ 198 million last week. Imports grew more than exports.
The Casablanca technology centre should promote development and maintenance of applications, as well as services for integration of systems in Africa.
Revenues of the airline of Abu Dhabi totalled US$ 2.5 billion in the first half. There was growth of 13% in passenger revenues and 19% in cargo.
Report shows wheat and poultry outputs are down 15% and 50%, respectively. Four million people are plagued by food insecurity.
The Arab country was the ninth main buyer of products from these Brazilian companies from January to May, purchasing US$ 217 million. Saudi Arabia and Libya were also among the main importers.
The sun may become one of the leading sources of electricity in the Arab countries of the region by 2017.
The fund has lowered its 2013 GDP growth estimate from 5% to 4.5%. ‘There is no substitute for a far-reaching relaxation of Israeli restrictions, said IMF mission chief Christoph Duenwald.
The Brazilian Ministry of Foreign Affairs is concerned and watching the situation closely, and it favours a national conciliation.

