#New Development Bank

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

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 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