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Saudi Arabia Joins BRICS, Expanding Group to 10 Nations

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Saudi Arabia, the fastest-growing economy in 2022 among the world’s top 20 economies, has officially joined BRICS, as announced by Saudi state television.

Saudi Arabian Foreign Minister Prince Faisal bin Farhan emphasized the importance of the BRICS group as a beneficial and significant channel for enhancing economic cooperation.

Alongside Saudi Arabia, the United Arab Emirates, Egypt, Iran, and Ethiopia have also joined, doubling the BRICS membership to 10 countries.

Read more...

Economics: What’s New From The 2023 Brics Summit?

Striding Towards a Multipolar Order

The first expansion of the membership of BRICS, which occurred at this summit, could pave the way for dozens of interested countries to join,...

Argentina, Egypt, Iran, Ethiopia, UAE, and Saudi Arabia Invitated to Join BRICS

In a significant development, President Cyril Ramaphosa of South Africa has revealed that Argentina, Egypt, Ethiopia, Iran, the United Arab Emirates, and Saudi Arabia...

Previously, the BRICS bloc consisted of Brazil, Russia, India, China, and South Africa.

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