Egypt Financial News
25.08 / 07:23
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G20: Justin Trudeau disappointed over President Zelensky's exclusion from summit, ‘will do everything possible…’
G20 summit in New Delhi next month. Trudeau assured Zelenskyy of continued support and stated they would strongly advocate for Ukraine. The summit invited Netherlands, Singapore, Spain, UAE, Oman, Bangladesh, Egypt, Mauritius, and Nigeria as "guest countries." Ukraine was similarly invited to previous G7 and NATO summits to show support amid its conflict with G20 member Russia.
25.08 / 02:17
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Latin
BRICS set to add six new members from North Africa, Gulf and Latin America
Brics is set to add heft to the grouping of emerging economies as it announced on Thursday the inclusion of six new members, including India's key partners in the Gulf and North Africa, a development that Prime Minister Narendra Modi described as a message that «all global institutions need to transform considering the changing times». South Africa's President Cyril Ramaphosa made the announcement at a joint press conference of the leaders of the current members — Brazil, Russia, India, China and South Africa — on the concluding day of the 15th Brics summit in Johannesburg. «We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates to become full members of Brics from 1 January 2024,» said the joint declaration issued at the end of the 15th Brics summit. At the summit, the Brics leaders tasked their finance ministers and central bank governors, as appropriate, to consider the issue of local currencies, payment instruments and platforms, and report back to leaders by the next summit.Deep relations The group also decided to clear the path for further expansion. «We have also tasked our foreign ministers to further develop the Brics partner country model and a list of prospective partner countries and report by the next summit,» said the joint statement. Prime Minister Modi said at the joint press conference — in the presence of Ramaphosa, Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva — that the decision to expand the grouping will strengthen the belief of many countries in a multipolar world. The PM said the inclusion of new members will
24.08 / 18:55
24.08 / 18:37
Citi
FIVE
Platform
country
Iran, Saudi Arabia among six new additions to Brics
NEW DELHI : Leaders of Brics countries on Thursday invited six more nations to join them in the grouping’s first expansion since 2010. Iran, Saudi Arabia, Egypt, Argentina, Ethiopia and the United Arab Emirates will join existing members Brazil, Russia, India, China and South Africa, said South African President Cyril Ramaphosa at a briefing. The six countries are expected to become members starting 1 January.
24.08 / 18:37
UPS
country
Enlarged BRICS
BRICS group of countries, comprising Brazil, Russia, India, China and South Africa, has agreed to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE as new members. Concerns of BRICS gradually turning into an anti-West club have increased ever since Russia’s invasion of Ukraine and its “no-limits" partnership with China, which had been especially keen to expand membership. The group’s potential influence over global geopolitics has gone up.
24.08 / 16:30
Iran, Saudi Arabia, United Arab Emirates, Argentina, Egypt and Ethiopia have been invited to join BRICS economic bloc
Iran, Saudi Arabia, United Arab Emirates, Argentina, Egypt and Ethiopia have been invited to join BRICS economic bloc
24.08 / 16:30
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Iran and Saudi Arabia are among 6 nations set to join China and Russia in the BRICS economic bloc
Iran and Saudi Arabia are among six nations that have been invited to join the BRICS bloc of developing economies, along with the United Arab Emirates, Argentina, Egypt and Ethiopia
24.08 / 11:59
country
BRICS Expands; Saudi Arabia, 5 Others Invited To Join; PM Modi Congratulates New Members | Watch
BRICS which is a group of 5 countries that include... moreBRICS which is a group of 5 countries that include Brazil, Russia, India, China and South Africa has now invited 6 more countries to become members..
24.08 / 10:43
Fighting
country
BRICS 2023: PM Modi bats for strengthening ‘multipolar world’ at summit. Top quotes
Narendra Modi addressed the 15th BRICS Summit being held at Johannesburg in South Africa. At the meet PM Modi said," I believe BRICS and friendly countries can work together to strengthen a multi polar world'. Further, BRICS leaders announced on Thursday the "historic" admission of six new countries from next year as the club of large and populous emerging economies seeks to reshape the global order.
24.08 / 08:35
Twitter
Cooper
country
inclusion
BRICS 2023: UAE President appreciates inclusion of his country as member, says ‘We look forward to a…’
BRICS 2023 summit: UAE President Mohammed bin Zayed Al Nahyan on 24 August said his country looks forward to working with BRICS for the benefit of all. In a post on X, formerly known as Twitter, he wrote, “We respect the vision of the BRICS leadership and appreciate the inclusion of the UAE as a member to this important group.
24.08 / 08:03
Reuters
Align
country
BRICS: 6 more countries become members; Argentina, Iran, UAE, Saudi Arabia, Ethiopia, Egypt join in
BRICS - Brazil, Russia, India, China and South Africa: 6 more countries become members. The new members include Argentina, Iran, the United Arab Emirates, Saudi Arabia, Ethiopia and Egypt. South Africa's President Cyril Ramaphosa delivered an address on August 24 and declared the names of the new members while announcing the summit's outcomes.
24.08 / 06:29
BRICS set to invite Saudi Arabia to join the bloc
BRICS is all set to invite Saudi Arabia to join bloc, Bloomberg News reported on Thursday. People familiar with the development also told the news agency that Egypt is another nation being invited to join, along with others in the Middle East.
24.08 / 00:53
23.08 / 17:55
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Waters
Strategy
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stage
country
Saving water should be part of dev strategy: Shekhawat
India should prioritize water conservation to make it an integral part of its development strategy as it emerges as one of the world’s fastest-growing economies, jal shakti minister Gajendra Singh Shekhawat said on Wednesday. “With India being one of the fastest growing economies in the world today, it is imperative for the country to show seriousness towards increasing use of water and its conservation to move forward with its developmental pursuit," the minister told the Mint sustainability summit. India, with 18% of the global population, possesses a mere 4% of the world’s potable clean water resources, setting the stage for a looming crisis.
23.08 / 17:41
Lowe's
Digital
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Action
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country
India has an opportunity to lead the fourth industrial revolution
internet of things, and biotechnology, among others. For India, a country that is resource-crunched, the role technology will play will be very significant. India’s potential to lead the fourth industrial revolution is underpinned by several factors.
23.08 / 17:41
UPS
Career
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awards
Celebrity
country
star
How South Sudan Built a World Cup Team From Scratch
premier grinders, with a reputation for studied, sweaty defense. Away from the floor, Deng, born in what is now South Sudan to a family who fled to Egypt and then the United Kingdom to escape the Second Sudanese civil war, immersed himself in service work, winning the United Nations Refugee Agency’s Humanitarian of the Year Award in 2008. So in 2019, months after his last game with the Minnesota Timberwolves, Deng returned to the comfort of a challenge.
23.08 / 13:27
Manufacturing
electronic
end
Govt likely to announce fiscal incentives for textile industry by year-end
New Delhi: India's government is likely to announce fiscal incentives for the ailing textile and apparel industry by the end of this year, partly to stave of the impact of a fall in overseas orders, a trade body said on Wednesday. The incentives could come under the production linked incentive (PLI) scheme that promises billions of dollars to boost manufacturing ranging from electronic products to pharmaceuticals. "The government could make an announcement by December," said T.
23.08 / 02:35
Reuters
Southern
track
Traffic
Two tankers collide in Suez Canal; no immediate disruption to traffic
maritime artery, the Suez Canal. This maritime mishap was reported by ship tracking company Marine Traffic, which drew on accounts of eyewitnesses present during the incident. The LNG tanker BW Lesmes is scheduled to be towed to the Suez anchorage after encountering a halt within Egypt's Suez Canal, as per information from shipping sources shared with Reuters.
22.08 / 18:39
Action
Strategy
BMW
Highways
Nestle
social
Earth
How to keep planet Earth alive and well
NEW DELHI : At the COP27 Summit in Sharm El-Sheikh, Egypt, in November, UN Secretary-General António Guterres painted a sobering picture of the global climate trajectory. “We are on a highway to climate hell with our foot still on the accelerator," he said in a stark warning about the perilous journey ahead. While nations are embracing the 17 sustainable development goals (SDGs) defined at the UN Conference on Sustainable Development in Brazil in 2012, corporations are also trying out sustainability initiatives in the ESG (environment, social and governance) space.
22.08 / 01:53
Continental
country
China's Xi Jinping arrives in South Africa for BRICS summit
Xi Jinping has arrived in South Africa, Chinese state media reported Tuesday, where he will attend the BRICS summit in Johannesburg. The state visit will be Xi's second of 2023, after making an official trip to Russia in March. «Chinese President Xi Jinping arrived in Johannesburg on Monday to attend the 15th BRICS Summit to be held here, and pay a state visit to South Africa,» Xinhua news agency said, adding he had been «warmly welcomed» by South African President Cyril Ramaphosa. «Xi said that he is very glad to visit South Africa again and looks forward to having in-depth exchanges of views with Ramaphosa on deepening China-South Africa relations and issues of common interest,» Xinhua said. The heads of Brazil, China, India and South Africa plus Russia's top diplomat will gather from Tuesday to Thursday this week under the theme «BRICS and Africa», South Africa's Foreign Minister Naledi Pandor said this month. Russian President Vladimir Putin — who is sought by the International Criminal Court (ICC) for his role in the Ukraine war — will not attend this year's BRICS conference in South Africa, which is a signatory of the ICC. The Chinese leader previously visited South Africa in 2018 as he sought to enhance his country's diplomatic and economic ties with the continent. On the agenda at this year's summit will be the possible future expansion of BRICS membership, which the bloc has previously indicated it is open to. Several African countries have previously expressed a desire to join the bloc, including Algeria, Egypt and Ethiopia. A total of 69 countries have been invited to the summit, including all African states. BRICS, a loosely-defined group that sees itself as a counterweight to Western economic domination,
21.08 / 17:25
Art
Man
Progressive
Discover
Marvell
Mona Lisa was stolen! Who carried out 'art heist of century' and how?
Mona Lisa was stolen. Leonardo da Vinci's Mona Lisa stands as an artistic marvel for several reasons. Not only is it one of the few remaining works by the Renaissance master, but its technical finesse surpasses that of his contemporaries from the same era.
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