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- Today ( Sunday, 20 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.
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The Pakistan Stock Exchange (PSX) 100-Index concluded Friday with a bearish trend, experiencing a loss of 124.26 points, indicating a negative change of 0.19%. The index closed at 64,514.90 points compared to the previous trading day's closing at 64,639.16 points. Throughou...
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The Saudi stock market is poised to achieve its highest annual closing level in 18 years, with the Tadawul All Share Index (TASI) rising by approximately 13.5% since the beginning of 2023 until the year's end. The market successfully reversed last year's losses of 7.1%, aiming...
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