The success of the BRICS project does not signal an overthrow of capitalism as a global system, but it does mark a shift away ...

President Lula Da Silva's stark warning at the BRICS Summit exposes the alarming collapse of multilateralism and the dangerous rise of unilateralism, signalling a seismic shift in global power dynamic ...

Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the overnight deposit ...

Rising trade tensions, global policy uncertainty, and regional conflicts are presenting challenges to economies in the Middle East and North Africa and Caucasus and Central Asia regions. Policymakers ...

Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from statistics agency CAPMAS ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

BRICS summit officially opened in Rio de Janeiro this week under Brazil’s rotating presidency, bringing together over 4,000 ...

BRICS, the developing world's stand-in to the G-7 grouping. was expanded at the Kazan Summit, last year. Post expansion, Indonesia, Iran, Egypt, Ethiopia, Saudi Arabia and the UAE have joined the ...

Ministers of finance from the BRICS group of developing nations called for an IMF overhaul that will redistribute voting ...