Egyptian Minister of Industry and Trade Ahmed Samir Saleh said Egypt will open a trade “window into the Middle East and North Africa” after joining BRICS on January 1, 2024.…
BRICS
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BusinessEconomyFeaturedGlobal NewsNews
Misplaced Enthusiasm About A BRICS Currency
by Prasad Bandaby Prasad BandaToronto, Atlanta (10/11 – 50) As recently as the early 1980s, central bankers around the world could be heard moaning and groaning about having to hold physical gold reserves to…
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CAIRO, Nov. 30 (Xinhua) — Egyptian Prime Minister Mostafa Madbouly on Thursday said that Egypt is keen to make influential contribution to BRICS, as its membership will start next year.…
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EconomyGlobal NewsMoroccoNewsNorth Africa
Morocco, a Key Trading Partner for the BRICS That is Not Yet Part of the Group
The meeting of the BRICS countries (Brazil, Russia, India, China and South Africa) held last week in Johannesburg did not result in any surprises in terms of new additions to the group,…
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EconomyEgyptNewsNorth Africa
Will BRICS Throw a Lifeline to Dollar-strapped Egypt?
by Amila Herathby Amila HerathEgypt will become a full member of the BRICS club of emerging economies as of January 2024. The group had approved Cairo’s request to join the bloc during its summit in Johannesburg…
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AlgeriaEconomyGlobal NewsNewsNorth Africa
Algeria Applies to Join BRICS, Would Contribute $1.5 Billion to Group Bank
TUNIS, July 21 (Reuters) – Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of $1.5…
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AlgeriaGlobal NewsNewsNorth Africa
BRICS Nations Put Algeria in Its Place
by Ag Kan Kyawby Ag Kan KyawThe Algerian regime, thirsty for whatsoever international gains, was deflated by BRICS nations which did not even include the country among the five new potential candidates to join the grouping…
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Algerian President Abdelmadjid Tebboune stated that Algeria’s entry into the BRICS will aid the country’s progress more than international financial institutions have helped in recorded history. Algeria presented its formal application to…