- Islamabad
- 31.6°C
- Today ( Tuesday, 22 April 2025)
Middle East and North Africa Nations Expand BRICS Alliance
In a significant expansion, Saudi Arabia and the United Arab Emirates (UAE) have officially become members of BRICS, joining Brazil, Russia, India, China, and South Africa. This enlargement, effective January 1, 2024, also includes three additional countries from the broader Middle East and North Africa (MENA) region—Egypt, Ethiopia, and Iran. The development has effectively doubled the size of the economic bloc. Meanwhile, Argentina, despite being invited to join, has formally declined the offer.
-
The Pakistani rupee continued its upward trajectory against the US dollar, gaining 0.01% or Rs0.02, to close at Rs281.11, according to data from the State Bank of Pakistan (SBP). Over the past four months, the currency has appreciated by 9.25%, or almost Rs26, compared to its ...
-
The sugar sector in Pakistan achieved a milestone with record earnings of Rs22 billion in the fiscal year 2023, marking a substantial 78% increase year-on-year. The surge in earnings is attributed to a rise in sugar prices, resulting in improved gross margins for the sector. ...
Get Newsletter
Subscribe to our newsletter to get latest news, popular news and exclusive updates.
Facebook Comments