BRICS Bank

Will Egypt’s entry into the BRICS alliance ignite foreign investment?

Egypt's inclusion in the BRICS allianceĀ of developing nations has sparked hopes of easing its shortage of foreign currency and attracting new investment. However, analysts caution...

Why BRICS Rejected Algeria’s Membership Bid

Algeria, a North African country rich in oil and gas resources, recently suffered a blow to its ambitions as the BRICS group rejected its...

‘BRICS Bank’ issues first bonds to boost local currency

The New Development Bank (NDB), established by the BRICS countries, successfully completed its first auction for South African rand bonds. This move comes as the...

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