Analysis by Fitch Solutions’ BMI Research identifies a group of large frontier and emerging markets that are growing strongly this year, despite the expected global economic slowdown.
The BRICS leaders gathered in Rio de Janeiro, Brazil, on July 6 for the annual meeting, where they condemned Israel’s actions in Gaza, the US airstrikes on Iran and Ukraine’s drone strikes on trains, but not Russia's war in Ukraine.
Leaders from the BRICS group have convened in Rio de Janeiro for their 17th annual summit, casting the expanded bloc as a counterweight to Western institutions whilst grappling with internal divisions over key geopolitical flashpoints.
Egyptian President Abdel Fattah El-Sisi approved on July 5 a grant agreement worth $959,000 with the US Trade and Development Agency (USTDA) to develop a roadmap for reducing methane emissions in Egypt.
Brazil's hosting of next month's BRICS summit is being overshadowed by the likely absence of two of the bloc's most powerful leaders, threatening to dent the gathering's geopolitical significance.
Brazil's upcoming BRICS summit exposes the bloc's growing pains as 21 members wrestle with deep divisions. The group's ambitious challenge to US financial dominance hits reality as internal disagreements threaten its push for global clout.
Urban Egyptians are using a mix of traditional and modern methods to stay cool as extreme heatwaves become more frequent.
The mood on the streets of Cairo, Egypt, has been one of unease and growing anxiety following Israel's unprecedented attack on Iranian residential units.
Should South Korea continue spreading its efforts across short-term, individual projects – often tied to specific, time-consuming contracts – or should it double down on long-term, bilateral nuclear research partnerships?
Top entry from Turkey is Novi Robot, a maker of automation systems for manufacturing plants.
Kemal Sahin posted that he was visiting a garments plant in Alexandria – but the official record showed he was in Istanbul custody as part of Imamoglu operation.
The UAE renewable energy firm AMEA Power has successfully commissioned a 500MW wind power plant in Egypt’s Ras Ghareb in the Red Sea governorate, nearly 2.5 months ahead of schedule.
Iranian diplomats held discussions with Egyptian officials in Cairo on June 2 about Iran's nuclear programme alongside the head of the UN nuclear watchdog.
Fast and chaotic urban population growth combined with climate challenges on multiple fronts are putting cities at risk around the world.
Sidi Ould Tah, who recently stepped down as Arab Bank for Economic Development in Africa (BADEA) president, must find fresh financing to offset Trump's tariffs and the likely loss of $555mn in US funding.