Latest news with #TaarekRefaatAlgeria

See - Sada Elbalad

Algeria Officially Becomes Member of BRICS New Development Bank

Taarek Refaat Algeria has officially joined the New Development Bank (NDB) of the BRICS and become a full member, Bank Chair Dilma Rousseff announced. Rousseff noted, according to the bank's press office, that Algeria has become an important player not only in the North African economy, but also globally. She added, "Algeria will contribute to strengthening the NDB's position on the global financial scene," and said, "On behalf of the bank, I sincerely congratulate Algeria on its accession," according to the Russian news agency TASS. According to Rousseff, the financial institution is ready to cooperate with Algeria in the field of investment, concluding, "We will work with Algeria to finance effective projects that contribute to progress, improving lives, and development." The NDB was established by the BRICS countries based on an intergovernmental agreement signed at the group's sixth summit in Fortaleza in July 2014. The bank aims to finance infrastructure and sustainable development projects in BRICS countries and developing countries. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies