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BRICS group invites 6 new members to join next year

Builder
Vision 2030 is Saudi Arabia’s grand plan to future-proof its oil-based economy. Experts say it’s a huge risk.

Business
NBK-Egypt posts EGP 1.57 billion in H1 2023 net profit

Business
East Africa experiences some trade tensions as trade between Tanzania and Kenya dip

Business
UAE’s public budget surges 32% to $176bn in June: CBUAE data

Business
China’s economy is in trouble. Here’s what’s gone wrong

Business
China’s economy is flailing. Here’s how its problems could spill into global markets.

Business
China’s property giant Evergrande files for bankruptcy protection in Manhattan court

Business
Russia got richer even as the war in Ukraine raged on last year, while the West shed trillions of dollars of wealth

Business
Dollar bears see ‘multi-year downtrend’ ahead for world’s primary reserve currency—with major ripple effects

Business
Crashing markets thinned the ranks of America’s millionaires last year as global wealth shrank for the first time since 2008

Business
The idea of a BRICS common currency is almost ’embarrassing,’ the economist who named the group says

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