Middle East

The Middle East and the 2024 BRICS Summit: Executive Summary

BRICS, Energy, Middle East, Security, Trade

The Middle East was a key component of the 2024 BRICS Heads of State Summit, with considerable diplomatic engagement concerning the on-going crisis. Just one day after the Iranian delegation returned from Russia, Israel attacked Tehran. The Palestinian President was also invited to the summit as was the UN Secretary-General. However, apart from the security […]

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Combined BRICS Flags1

BRICS Invites 13 Partner States To Join: Full Details

Africa, BRICS, Economy, Infrastructure, Latin America, Middle East, Trade

The BRICS countries have agreed to include 13 countries in the category of “Partner States” in the association. However, the entry of these countries has not yet been made official, as the newly established protocol in the procedure requires the country holding the current Chairmanship of the organisation (in this case, Russia, from 2025, Brazil)

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UAE Investment Fund Buys 6.86% Of Moscow Stock Exchange

BRICS, Finance, Foreign Investment, Middle East

The UAE investment company Fundament Capital Investment Management has purchased 6.86% of the shares in the Moscow Stock Exchange (MOEX), acquiring them from the American State Street Bank and Trust Company. MOEX said that Fundament Capital received 156,177,798 shares on September 30. The main shareholders of Moscow Exchange are now the Bank of Russia (11.7%),

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