The company’s firm order backlog was US$ 17.1 billion as of June 30, the highest amount since quarter three, 2009.
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The estimate of financial institutions for Brazil’s GDP growth in 2013 has been reduced for the ninth time in a row, this time from 2.34% to 2.31%.
Brazilian exports to the region showed little change in the first half, compared with the same period in 2012. There was an increase of 1.27% in volumes shipped, but a fall of 0.38% in revenues.
A KPMG survey shows a 15% decline in number of mergers and acquisitions in Brazil in quarter two, and most operations involved solely domestic companies.
The estimate for the Brazilian oil area to be tendered in October is by the director of the National Petroleum, Natural Gas and Biofuel Agency (ANP), Magda Chambriard.
The reduction was over the previous month and was the greatest in the Central Bank’s historic series, which started in 2003. In the year, however, the index presented expansion of 3.01%.
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.
In the first five months of this year, the Brazilian Development Bank (BNDES) disbursed US$ 32 billion, an increase from the same period in 2012.
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.
The Fund estimates that the economy of the Middle East and North Africa will be up 3% in 2013 and 3.7% in 2014. The rate is down 0.1 percentage point from April.
There was a decline over April, following bullish and steady periods early on in the year. Over May 2012, the decline was even sharper at 0.7%. Year-to-date, the rate is down 0.8%.
The Brazilian trade balance had a surplus of US$ 198 million last week. Imports grew more than exports.
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.
The National Bank of Abu Dhabi is opening its representative office in São Paulo. The institution’s objective is to provide services to companies and other banks in Brazil.
