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The International Monetary Fund announced the deliverance of USD 1.6 billion to the country, concluding a USD 5.2 billion agreement. The organization reemphasized the sound prospects for the Egyptian economy, expected to grow 2.8% in the current fiscal year and 5.2% in the next.

The Arab Brazilian Chamber of Commerce will hold a virtual B2B in which Arab food and beverage companies can present their products to Brazilian retailers. Registration is open. The B2B will take place at the end of June.

In a press release, the institutional development center for the relations between Arabs and Brazilians calls for efforts from the international community to end the hostilities in the region, where Palestinians and Israelis fight, and says that stability will only be achieved when the rights of the Palestinian people are recognized.