BRICS currency ‘ridiculous’ idea as China, India disagree even on group’s expansion — economist

A BRICS currency replacing U.S dollar is a ‘ridiculous’ idea, says the top economist who named the group — especially in light of the fact that China and India are not able to even agree on BRICS membership expansion that will shape the organization’s future. The BRICS group has revealed its internal divisions, with India […]

Egypt: New trade entity aimed at strengthening exports across Arab markets

Egypt is set to establish a new trade entity aimed at strengthening exports across Arab markets, as part of a broader strategy to drive economic growth. The Arab Alliance for Industrial Investment, comprising 41 private Egyptian companies, is expected to be fully operational by next week, according to a report by Ashraq Business released on […]

Tunisia: Planned ISIS-backed attack foiled in Sfax

A planned terror attack backed by the Islamic state group, ISIS, in the city of Sfax, has been foiled, the Tunisian interior ministry said on Tuesday. Security forces arrested members of the cell who were preparing the alleged attack, the ministry said in a statement. The leader of the cell pledged allegiance to the terror […]