#BRICS

Putin: BRICS infrastructure enough for cross-border payments

Before the summit, Russia outlined an alternative payment system in national BRICS currencies that would include a new messaging system

Saudi

Saudi Crown Prince not attending Russia’s BRICS summit

Russia has invited Saudi Crown Prince Mohammed bin Salman to attend the summit, foreign minister Sergei Lavrov said last month

Russia calls on BRICS partners to create alternative to IMF

Russia calls on BRICS partners to create alternative to IMF

The only financial institution the BRICS countries have established so far is the New Development Bank, created to finance sustainable development projects

Egypt - WHEAT - BRICS

BRICS countries back grain exchange idea, Russia says

The exchange would allow buyers to purchase directly from producers

FAB targets Dhs300 million in revenue from China by 2026

Abu Dhabi’s FAB to triple revenue from China operations by 2026

The bank opened its fully licenced branch in mainland China in 2022 and grew its business there by 50 per cent in 2023

BRICS - SAUDI ARABIA

In or out? Saudi Arabia ‘still considering’ BRICS offer

The kingdom of Saudi Arabia is said to be still considering an invitation to join the expanding economic bloc

BRICS SUMMIT-SOUTH AFRICA

Russia’s Vladimir Putin officially welcomes UAE, Saudi into BRICS

Two GCC nations, the United Arab Emirates and Saudi Arabia, are now formally part of the BRICS bloc

UAE joins BRICS

UAE Economy Minister Abdulla bin Touq Al Marri on BRICS and beyond

As the UAE and Saudi Arabia join BRICS, the alliance brings the largest energy producers with the developing world’s biggest consumers

BRICS SUMMIT-SOUTH AFRICA

UAE, Saudi Arabia to join BRICS; President Sheikh Mohamed welcomes membership

The BRICS grouping has announced an expansion in its ranks with six new members, including UAE, Saudi Arabia, Ethiopia and Egypt

BRICS Summit in South Africa

Five things to watch as South Africa hosts BRICS Summit

At least 40 heads of state and government will join the leaders of Brazil, Russia, India, China, and South Africa at the summit in Sandton