SCO & BRICS latest news and insights
By Muzaffar Rizvi
THE UAE’s entry into influential BRICS group next year will further enhance its influence and provide more opportunities for trade and investment in one of the major economic blocs of the world, experts say.
Analysts, executives and economic experts said the UAE's entry could c...
By Rhod Mackenzie
Russian oil producers delivered their initial shipments of the CPC Blend crude to the United Arab Emirates (UAE) during August and September, according to several traders. This development exposes a new export pathway, as Moscow seeks out fresh clients and attempts to bypass West...
By Yaroslav Lissovolik
The 2023 BRICS summit has clearly been one of the most historic and transformational BRICS summits on record – a major expansion was unleashed by the bloc, with six new members forming part of the BRICS core starting from January 1, 2024: Argentina, Saudi Arabia, Ethiopia, t...
By Rhod Mackenzie
The Moscow Exchange will start currency rading in UAE dirhams with settlement in rubles on Monday, and will also allow the settlement of over-the-counter transactions with the central counterparty (CCP) with the Turkish lira and the Hong Kong dollar, according to a statement from...
