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Saudi poised to join UAE in BRICS bank
May 30th, 2023 - 12:35 GMT

Saudi poised to join UAE in BRICS bank

ALBAWABA – The Kingdom of Saudi Arabia is reportedly engaged in talks with the New Development Bank (NDB), or “BRICS bank”, news and media outlets reported Tuesday. Saudi Arabia would be the bank’s ninth member, following in the steps of the United Arab States (UAE), who joined the BRICS bank back in 2021, along with Bangladesh. Admitting the Arab nation would help strengthen NDB’s funding options, as it is intended ...
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