The multilateral institution headquartered in Saudi Arabia created a fund to invest in production of food in Muslim countries. The capital is US$ 600 million.
Author: From the Newsroom
Brazilian exports have reached US$ 5 billion so far this month. The figure is 5% lower than in May and 11% lower than in June 2011.
In May, agribusiness exports exceeded the US$ 10 billion figure for the first time in a single month. The performance was boosted by soy.
The expansion was identified in the first quarter as against the same period last year. The International Monetary Fund forecasts 6% growth for the country in 2012.
Organisations from France, Brazil and Africa should present research programmes turned to the fight against desertification on the continent. The event should take place on June 20th, at the Rio+20.
The World Economic Forum has disclosed two reports on policies for job generation in the region, suggesting ‘social innovation’ and ‘paradigm shifts’ in how governments deal with the matter.
The growth was 4.93% from April to May. The level reached last year was the highest over the last nine years.
The total will be invested over five years. The Algerian state-owned oil company plans to expand its gas resource base and increase refining and petrochemical capacity.
A mission from the country that will attend Rio+20 will lay out plans of increasing crop output while preserving the environment.
According to the ministry of Energy of Iraqi Kurdistan, Achti Horami, the expectation is for oil production to reach two million barrels a day by 2019.
United Arab Emirates airline will operate daily flights between Abu Dhabi and São Paulo starting in June next year.
According to a report by the International Labour Organisation, 21% of the Palestinian population had no jobs in 2011. In 2010, 23.7% were unemployed.
Teaching institutions in Saudi Arabia and Egypt are in a British ranking, alongside Brazil’s Unicamp and Unesp.
The meeting should cover themes like the Arab Spring, Syria, the Euro Zone crisis, employment and growth, from June 4 to 6. The meeting will also be turned to North Africa and Eurasia.

