BRICS: UAE Media Coverage Digest
Digest - (Jun 7, 2023 - Feb 22, 2024)
This report is covering the news about UAE and relations with BRICS from June 2023 till February 2024. After skimming through 305 articles from google news covering BRICS & UAE in both Arabic and English language, this report covered over 35 articles with important new related to UAE, with August has the highest count of news articles in line with the BRICS summit announcing invitation of the new members to join in January 2024.
June 2023
Article 1
Title: Abdullah bin Zayed meets Lavrov on the sidelines of the “Friends of BRICS” meeting
Publisher: Sharjah24
Date: 2nd June 2023
Description: The article discusses a meeting between Sheikh Abdullah bin Zayed Al Nahyan, the Minister of Foreign Affairs of the UAE, and Sergey Lavrov, the Minister of Foreign Affairs of the Russian Federation. The meeting took place on the sidelines of the "Friends of BRICS" meeting in Cape Town, South Africa. During the meeting, Sheikh Abdullah and Lavrov discussed friendly relations and strategic partnership between the UAE and Russia, and ways to deepen cooperation in all fields. They also reviewed issues on the meeting agenda and discussed regional and international developments, exchanging views on them. Sheikh Abdullah stressed that UAE-Russia relations are based on strong foundations of mutual understanding, respect, fruitful and constructive cooperation, and are witnessing rapid growth, especially after the signing of the strategic partnership between the two countries in 2018.
Article 2
Title: Abdullah bin Zayed confirms the UAE’s desire to join BRICS
Publisher: Albayan
Date: 3rd June 2023
Description: The article discusses a meeting of the "BRICS Friends" that was held in Cape Town, South Africa. The United Arab Emirates (UAE) was represented at the meeting by Abdullah bin Zayed Al Nahyan, the UAE's Minister of Foreign Affairs. Some of the key points made in the article include:- Abdullah bin Zayed expressed his happiness at participating in the meeting, which embodies the approach of partnership and the deep-rooted spirit of friendship within the BRICS group.- He affirmed the UAE's long-standing recognition and support for the exceptional importance of the BRICS group in promoting peace, security and prosperity on the international stage.- Abdullah bin Zayed stated the UAE's desire and readiness to be an active and constructive part of the BRICS group. The UAE supports expanding BRICS membership and wants to join.- The article outlines some of the contributions the UAE could make as a BRICS partner, such as its role in energy and representing developing countries. It also discusses the UAE's investments in infrastructure, food security, clean energy and other areas.
Article 3
Title: UAE. “BRICS” and the policy of diversifying partners
Publisher: Albayan
Date: 5th Jun 2023
Description: The article discusses the United Arab Emirates' desire to join the BRICS group, which includes Brazil, Russia, India, China and South Africa. Some key points:- The UAE foreign minister expressed clear interest in joining BRICS during a meeting in South Africa.- Joining BRICS aligns with the UAE's foreign policy of diversifying partnerships and building balanced relations internationally.- BRICS represents one of the most important emerging powers, with a combined GDP of $24.5 trillion in 2021, about 25% of the global economy. Joining could provide opportunities for UAE development goals.- The UAE's large economy, role in energy, investments worldwide, and efforts on issues like development, peace, and climate change would strengthen BRICS.- Joining BRICS supports the UAE's long-standing approach of good relations with all, not favoring any party over others or its Western partners.- The aim is mutual benefit for the UAE and world, which seeks diversity over single approaches in global governance.
Article 4
Title: No Arab country joined the BRICS, and the group did not officially announce the cessation of dealing in the dollarPublisher: Misbar
Date: 14 June 2023
Description: The article fact-checks and finds false several claims, including those Arab countries like Egypt, Saudi Arabia and the UAE have officially joined the BRICS group, and that BRICS announced ending dollar dealings officially. It explains that while some cooperation in local currencies between BRICS members like China and Russia has increased, no official announcements were made regarding these false claims.
Article 5
Title: Abdullah bin Zayed: Expanding the BRICS group constitutes an opportunity for growth and cooperationPublisher: Emaratalyoum
Date: 20th Jun 2023
Description: In summary, the article discusses the UAE foreign minister's support for expanding BRICS membership to better represent developing economies and address global issues.
July 2023
Article 6
Title: The President of the UAE and Modi welcome the two countries’ agreement to trade in two local currencies (the dirham/rupee)Publisher: Youm7
Date: 15th July 2023
Description: The article discusses a meeting between the President of the United Arab Emirates (UAE), Sheikh Mohammed bin Zayed Al Nahyan, and the Prime Minister of India, Narendra Modi, in Abu Dhabi. Some of the key points discussed in the meeting include:- The two leaders welcomed an agreement between the UAE and India to conduct bilateral trade using their local currencies, the UAE dirham and Indian rupee.- They discussed ways to further strengthen the strategic partnership and comprehensive economic partnership between the two countries, especially in areas that promote development.- Bilateral cooperation between the UAE and India is expanding in economic, investment, development, energy, health, food security, education, and technology sectors.- Trade between the UAE and India has increased to over $50 billion since a comprehensive economic partnership agreement took effect in May 2022, and both countries aim to increase non-oil trade to $100 billion by 2030.- The UAE and India support multilateral efforts and initiatives to promote peace, stability, and prosperity globally and resolve disputes peacefully.
Article 7
Title: Will the UAE dirham become the official currency of the BRICS group?
Publisher: 24AE
Date: 18th July 2023
Description: The article discusses the possibility of the UAE dirham becoming the official currency of the BRICS group (Brazil, Russia, India, China, South Africa). It notes that the UAE has strong economic and trade ties with BRICS countries, especially China and India. Using the stable dirham could help facilitate trade between BRICS members amid current global political and economic tensions.The article outlines some of the economic challenges facing BRICS countries. It also mentions the BRICS New Development Bank as a way to fund projects independently of the IMF and World Bank. However, adopting an official currency could help the group's financial cooperation.The dirham has advantages as it is pegged to the dollar and widely accepted internationally. Precedents of India paying for Russian oil in dirhams and discussions of trade in non-dollar currencies are cited. The dirham could serve as an anchor currency for BRICS trade if approved at the group's upcoming summit in South Africa.
Article 8, Article 9, Article 10, Article 11, and Article 12
Description: The New Development Bank (NDB) of the BRICS countries has appointed Emirati Thuraya Al Hashimi as a member of its Board of Directors and as a group director. Thuraya Al Hashimi is the Director of International Relations and Financial Organizations at the UAE Ministry of Finance. This appointment followed internal elections held on the sidelines of the eighth annual meeting recently in Shanghai, China
Title: The New Development Bank for the BRICS countries selects an Emirati woman to join the board of directorsPublisher: Aawsat
Date: 24th July 2023
Title: An Emirati woman is elected to the Board of Directors of the BRICS New Development Bank. What are the details?Publisher: Zawya
Date: 24th July 2023
Title: Thuraya Al Hashemi, member of the Board of Directors of the New Development Bank
Publisher: Zawya
Date: 24th July 2023
Title: BRICS' NDB welcomes UAE's Thuraiya Hamid Alhashmi as board member
Publisher: Arabian Business
Date: 25th July 2023
Title: UAE Female Joins BRICS New Development Bank Board
Publisher: Aawsat
Date: 25th July 2023
August 2023
Article 13
Title: On behalf of the President of the State, the Ruler of Ras Al Khaimah heads the UAE delegation to the BRICS summit in South AfricaPublisher: EmaratalyoumDate: Aug 23, 2023Description: The Sheikh Saud bin Saqr Al Qasimi, ruler of Ras Al Khaimah, heads the UAE delegation to the 15th BRICS summit in Johannesburg, South Africa from August 22-24.
Article 14
Title: Aboul Gheit congratulates Egypt, the UAE and Saudi Arabia on their invitation to join BRICS
Publisher: Youm7
Date: Aug 24, 2023
Description: The article discusses Egypt, the United Arab Emirates, and Saudi Arabia being invited to join the BRICS group as full members starting from January 1st, 2024. BRICS is an international group that currently includes Brazil, Russia, India, China and South Africa. The Secretary General of the Arab League, Ahmed Aboul Gheit, congratulated the three Arab countries on their invitation to join BRICS. He believes their membership will increase Arab influence in international decisions and positively impact Arab interests. The article provides some background details on BRICS and reactions to the three Arab countries being invited to join.
Article 15
Title: Maktoum bin Mohammed: The UAE’s accession to BRICS consolidates its position as a major global center for tradePublisher: Al Khaleej
Date: Aug 24, 2023
Description: The article discusses comments made by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, regarding the UAE joining the BRICS group. Some key points:- Sheikh Maktoum said the UAE joining BRICS reflects the visions of UAE leaders Sheikh Mohammed bin Zayed and Sheikh Mohammed bin Rashid to reinforce the UAE's position as a major global center for trade and economic development.- He said it will strengthen partnerships and support economic prosperity through innovative strategies.- The UAE will continue working to build a sustainable economy and explore new opportunities in line with the wise guidance of its leadership, for the benefit and happiness of peoples.
Article 16
Title: Mohammed bin Zayed and Mohammed bin Rashid welcome UAE to BRICS
Publisher: Emaratalyoum
Date: Aug 24, 2023
Description:- UAE President Sheikh Mohammed bin Zayed Al Nahyan and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum welcomed the UAE joining BRICS, which includes Brazil, Russia, India, China and South Africa.- Joining BRICS opens new opportunities for cooperation and strengthening relations with many countries. It reflects the UAE's balanced international policies under its leadership.- It enhances the UAE's position as a major global economic center and supports diverse, multi-party partnerships and economic prosperity through innovative strategies.- Joining BRICS could increase trade between the UAE and BRICS countries, attract foreign investment, and boost cooperation in innovation and research.
Article 17
Title: Mohammed Al Kindi: Joining BRICS is a success for the UAE’s balanced international policy
Publisher: Al Khaleej
Date: Aug 24, 2023
Description: The article discusses the United Arab Emirates joining the BRICS group (Brazil, Russia, India, China and South Africa) as a new member starting in January 2024. It summarizes the comments of Dr. Mohammed Al Kandi, a former UAE environment minister, who praised the leadership of UAE President Sheikh Mohammed bin Zayed Al Nahyan and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum for this achievement. Al Kandi said UAE's balanced international policies and diversified economy away from oil made it an attractive member for BRICS. He noted factors like UAE's infrastructure, business-friendly policies, and role as a regional trade and investment hub that led to its selection for the group. The article positions UAE's entry into BRICS as affirming its rising status as an economic power.
Article 18
Title: The UAE’s accession to BRICS enhances its role as a global economic power... 7 “important” gains
Publisher: Al Ain
Date: Aug 24, 2023
Description: The article discusses the benefits of the United Arab Emirates joining the BRICS group of emerging economies (Brazil, Russia, India, China and South Africa). Some key points:- UAE's membership strengthens its role as a global economic power and opens new opportunities for cooperation with BRICS countries.- BRICS members represent over 42% of the world's population and 23% of global GDP, providing large new markets for UAE trade and investment.- Cooperation in areas like innovation, research, and development can benefit both sides, as BRICS countries have large science and tech bases.- It helps attract more foreign investment to UAE and gives UAE companies and capital more options abroad.- UAE has been diversifying its economy and partnerships, and BRICS membership supports its long-term sustainable economic development.
Article 19
Title:
United Arab Emirates joins BRICS Group
Publisher: MOFA
Date: Aug 25, 2023Description: The United Arab Emirates officially joined the BRICS group (Brazil, Russia, India, China and South Africa) after its application was ratified at the 15th BRICS summit in Johannesburg from August 22-24. The UAE seeks to strengthen multilateral cooperation and promote global prosperity through partnerships with groups like BRICS. Senior UAE officials expressed appreciation for being included in the important BRICS grouping and said it reflects the country's commitment to multilateralism and international cooperation.
Article 20
Title: 555 billion dirhams, the volume of trade exchange between the UAE and the BRICS countries in 2022Publisher: Mubasher
Date: Aug 25, 2023
Description: The article discusses trade between the United Arab Emirates (UAE) and BRICS countries (Brazil, Russia, India, China and South Africa) in 2022. Some key points:- Total non-oil foreign trade between UAE and BRICS reached approximately 555 billion UAE dirhams in 2022, accounting for 25% of UAE's total non-oil trade of 2.23 trillion dirhams.- UAE's total imports from the five BRICS countries were 407 billion dirhams, accounting for 73.3% of UAE's total trade with BRICS members.- China was UAE's largest trading partner among BRICS members, with bilateral trade of 284 billion dirhams, followed by India with 190 billion dirhams.- UAE imported goods worth around 247 billion dirhams from China and over 100 billion dirhams from India.
Article 21
Title: United Arab Emirates joins BRICS Group
Publisher: Bahrain Agency News
Date: Aug 25, 2023
Description: The UAE has been a long-term partner of BRICS and joined the BRICS New Development Bank in 2021. The UAE officially became a member of the BRICS group in August 2023.
Article 22
Title: Sheikh Abdullah bin Zayed says joining Brics shows UAE's commitment to
economic prosperity
Publisher: The national news
Date: Aug 25, 2023
Description: - The UAE has formally joined the Brics bloc, which consists of Brazil, Russia, India, China and South Africa.- Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs, said joining Brics reflects the UAE's commitment to promoting dialogue between developing economies and long-term economic prosperity.- He thanked the founding Brics members for their approval and said the move will help consolidate the UAE's position globally.- Experts see Brics as an alternative to the G7 group of developed nations.- The article provides context about the UAE's invitation to join Brics and comments of support from UAE leadership.
Article 23
Title: UAE Economy Minister on Joining BRICS, US Relations, GDP Growth
Publisher: Bloomberg
Date: Aug 27, 2023
Description: The article discusses an interview with the Economy Minister of the United Arab Emirates, Abdulla bin Touq Al Marri. Some of the key points discussed include:- The UAE was recently invited to join the BRICS group (Brazil, Russia, India, China, South Africa), and the minister sees this as an opportunity for greater multilateral trade and cooperation.- However, he rejects the idea that this is a "pivot" away from Western alliances like the G7, saying relations with the US remain strong.- There is discussion of potential cooperation within BRICS on issues like development banks and alternative trade currencies, but the minister focuses more on facilitating trade than moving away from the US dollar.- The minister has a goal of 7% GDP growth for the UAE economy in 2023. He cites measures like opening up 100% foreign ownership as helping add many new companies recently.- Population growth through programs like "golden visas" is also seen as important to reaching that 7% target. The minister defends granting these visas to diverse categories like artists and athletes as well.
Article 24
Title: UAE Minister of Economy: We will increase financing for the BRICS Bank
Publisher: Lebanon24
Date: Aug 28, 2023
Description: The article discusses the UAE economy minister stating that the UAE plans to increase its funding of the new BRICS Development Bank.
Article 25
Title: Minister of Economy: BRICS membership will not affect the UAE’s relationship with the West
Publisher: Al Arabia
Date: Aug 28, 2023
Description: The article discusses the United Arab Emirates' (UAE) plans to join the BRICS group of emerging economies. Here is a brief summary:- The UAE's economy minister says joining BRICS will provide additional multilateral support for the UAE, and will not harm relations with Western countries.- He notes the UAE aims for 7% annual GDP growth and wants to increase trade exchanges, which are very important for its interests.- The minister confirms the UAE, which received an invitation to join BRICS, seeks to invest funds in the development bank owned by the group.- He adds that joining BRICS does not represent a change in the UAE's existing partnerships with countries worldwide, including the United States and other Western nations.
September 2023
Article 26
Title: The UAE's BRICS membership and the global role of middle powers
Publisher: The Arab weekly
Date: Sep 2, 2023
Description: The article discusses the UAE's recent accession to the BRICS group, comprised of Brazil, Russia, India, China and South Africa. Some key points:- The world is transitioning to a multipolar system, where middle powers like the UAE play an important role in issues like climate change that require global cooperation.- Joining BRICS allows the UAE to strengthen its geopolitical influence, encourage multilateral cooperation, and adapt to this changing landscape.- It opens economic opportunities for the UAE to diversify trade partnerships beyond traditional partners in Europe and North America.- Engaging with BRICS economies like China and India also attracts investment and talent to the UAE.- The UAE's foreign policy aims to balance relations between different global actors, and BRICS membership supports this multi-alignment strategy.
Article 27
Title: The UAE is a member of the BRICS Development Bank
Publisher: Al Bayan
Date: Sep 3, 2023
Description: The UAE, Uruguay and Bangladesh joined the New Development Bank as members in its first expansion. The bank was established in 2015 by the BRICS group of emerging economies (Brazil, Russia, India, China and South Africa). It has approved around $30 billion for 80 projects across sectors like transport, water and sanitation, clean energy and digital and social infrastructure.
Article 28
Title: UAE to witness ‘growing enthusiasm’ for investment opportunities after BRICS invite
Publisher: Al Arabiya news
Date: Sep 6, 2023
Description: The article discusses how the United Arab Emirates' (UAE) potential inclusion in the BRICS bloc of emerging economies is expected to open new business and investment opportunities for the country. It summarizes comments from the head of a business setup company in the UAE, who says UAE membership in BRICS would have a "profound impact" and lead to growing interest in investment by BRICS countries in sectors like e-commerce, imports/exports and real estate. The article also mentions how BRICS membership could help the UAE diversify its economy away from oil and attract more varied businesses to the Middle East. In addition, it discusses speculation that UAE membership may not change the country's policy of pegging its currency to the US dollar.
Article 29
Title: UAE: multipolar partnerships and cross-border trade
Publisher: Al Khaleej
Date: Sep 11, 2023
Description: The UAE has established itself as a major global trade and logistics hub through strategic investments in infrastructure like ports, airports, and rail networks. This includes the emirates' participation in initiatives like the Belt and Road Initiative, BRICS, and the new I2U2 partnership. The country's central geographic location and business-friendly environment have made it an important transit point for trade between Asia, Africa, Europe and beyond. Major trade partners include China, India, other G20 and GCC countries. Ongoing infrastructure projects will further strengthen the UAE's strategic importance as a trade and logistics corridor connecting East and West.
Article 30
Title: UAE Entry into BRICS Increases its Diplomatic and Economic Options
Publisher: Stimson
Date: Sep 13, 2023
Description: The UAE was invited to join BRICS along with 5 other countries. Membership in BRICS provides economic opportunities but also challenges for balancing relationships. The UAE seeks to strengthen economic ties with China and India while maintaining security ties to the US. BRICS aims to challenge Western dominance but lacks enforcement mechanisms. In summary, the article discusses the UAE's reasons for joining BRICS and the opportunities and challenges it brings.
Article 31
Title: “BRICS”... general goals and principles
Publisher: Al Etihad
Date: Sep 22, 2023
Description: The article discusses the goals and principles of the BRICS group, which the United Arab Emirates recently joined. The group aims to promote cooperation between members on issues like the economy, finance, trade, transportation and communications. The principles include sovereign equality between members, non-interference in internal affairs, respect for sovereignty and borders, and commitment to peaceful solutions to disputes.
Article 32
Title: UAE Joins BRICS: A Game-Changing Move For Global Economic Dynamics
Publisher: Khaleej Times
Date: Sep 28, 2023
Description: The UAE's inclusion in BRICS is seen as beneficial for both the UAE and BRICS countries. It will strengthen economic ties between them and open up new opportunities for trade, investment, and cooperation. The UAE can contribute its expertise in sectors like technology, renewable energy, and finance. Collectively BRICS countries have a large GDP and population, so the UAE will gain access to new markets. Experts believe the UAE's membership will diversify and expand BRICS economies and benefit sectors in the UAE like trade, investment, and technology.
Article 33Title: UAE-Brazil ties strengthen with EDGE's acquisition of Brazilian weapons firm
Publisher: Al Monitor
Date: Sep 29, 2023
Description: The United Arab Emirates' state-owned defense company EDGE Group recently acquired a 50% stake in SIATT, a Brazilian weapons systems company. This deal strengthens economic and military ties between the UAE and Brazil. The acquisition is part of growing cooperation between the UAE and Brazil, as the UAE seeks membership in the BRICS group of emerging economies, which includes Brazil.
October 2023
Article 34Title: BRICS: UAE Announces Robust Digital Finance Plan
Publisher: Watcher
Date: Oct 23, 2023
Description: The United Arab Emirates (UAE) has announced plans to significantly expand its digital finance sector at an event during GITEX Technology Week 2023.The UAE Ministry of Finance unveiled numerous new digital initiatives, including projects involving artificial intelligence, metaverse solutions for government, and an "inclusive financial future".Some of the key points of the UAE's new "robust digital finance plan" include developing advanced financial technologies and solutions to support various sectors, especially the digital economy.The article suggests the UAE's plans could provide a positive example for the BRICS countries as they also work to develop their own digital finance sectors and possibly a BRICS digital currency in the future.
November 2023
Article 35
Title: BRICS: CBDC Alternative to Swift Headed by China, UAE
Publisher: Watcher
Date: Nov 7, 2023
Description: The BRICS countries (Brazil, Russia, India, China and South Africa) may create a CBDC payment system as an alternative to SWIFT, led by China and the UAE. The mBridge project involving 23 central banks aims to streamline international payments. This could reduce dependence on the US dollar for global finance.
Article 36
Title: Mohammed bin Zayed: The situation in Gaza requires an immediate ceasefire
Publisher: Sky news
Date: Nov 21, 2023
Description: The article discusses comments made by Mohammed bin Zayed, the president of the United Arab Emirates, regarding the situation in Gaza. According to the article:- Bin Zayed renewed calls for protecting civilians in Gaza and ensuring safe and sustained access for humanitarian aid without obstacles, as well as an immediate ceasefire.- He said this during a special meeting of the BRICS group regarding the Gaza situation, via video conference.- He stressed that the only way to resolve this crisis is to revive the peace process to achieve a just and comprehensive peace based on the "two-state solution", and the establishment of an independent and sovereign Palestinian state on the 1967 borders, with East Jerusalem as its capital.- Bin Zayed emphasized the need for the international community to do its utmost to end this crisis, alleviate the suffering of those affected, and work to establish a permanent environment of peace in the Middle East.- He reiterated via Twitter that a just and comprehensive peace is the only way to settle the conflict, and that the international community has a major responsibility to pave the way for this peace.
Article 37
Title: Sheikh Mohammed bin Zayed in front of BRICS: A just and comprehensive peace is the only way to settle the conflictPublisher: Al Ghad
Date: Nov 21, 2023
Description: The article reports on statements made by Sheikh Mohammed bin Zayed Al Nahyan, the President of the United Arab Emirates, at a BRICS meeting regarding the situation in Gaza. Sheikh Mohammed called for international cooperation to protect civilians in Gaza and ensure sustainable and secure access for delivering humanitarian aid to residents, as well as an immediate ceasefire. He stressed that a just and comprehensive peace is the only way to resolve the conflict, and the international community has a major responsibility to create a horizon for this peace.
Article 38
Title: The UAE hosts the meetings of the New Development Bank of the BRICS countries
Publisher: Al Etihad
Date: Nov 28, 2023
Description: The United Arab Emirates hosted meetings of the Board of Directors of the New Development Bank for BRICS countries in Dubai from November 27-28, 2023. This was the first meeting of the NDB Board to be held in the UAE and the region. The meetings aimed to strengthen partnerships between the NDB, the UAE's financial sector and private sector to support sustainable projects and benefit from innovative financing tools. They were held ahead of the UAE officially joining the BRICS group in January 2024.
December 2023
Article 39
Title: BRICS countries collaborate to mobilise climate finance at COP28 in UAE
Publisher: Business Standard
Date: Dec 3, 2023
Description: The BRICS nations (Brazil, Russia, India, China and South Africa) are collaborating to accelerate sustainable finance and implement joint climate projects within the group. They aim to harmonize their ESG (environmental, social and governance) financial infrastructure to boost investor confidence and reduce barriers to capital flows.At the ongoing COP28 climate summit in the UAE, Russia is hosting sessions on December 6th and 12th to discuss developing energy cooperation for a just energy transition within BRICS, and opportunities to harmonize responsible finance standards between the member countries.The UAE recently joined BRICS, strengthening the group's commitment to multilateral action and constructive dialogue on global issues from the perspective of developing economies.
Article 40
Title: BRICS will help new members Ethiopia and UAE to cement ties
Publisher: Freight News
Date: Dec 5, 2023
Description: The key points are that Ethiopia and the UAE will join BRICS in 2024 and plan to strengthen economic and political ties through their membership.
Article 41
Title: Putin is on a rare visit to the Middle East that includes the UAE and Saudi Arabia.. What are the messages to the West?Publisher: France24
Date: Dec 6, 2023Description: The Russian President Vladimir Putin is currently on a rare visit to the Middle East that includes the United Arab Emirates and Saudi Arabia. The visit aims to strengthen economic and political cooperation between Russia and these countries. The page discusses Putin's meetings with the leaders of UAE and Saudi Arabia, where they discussed issues like the situation in Ukraine, the Israel-Palestine conflict, and joint energy projects.
Article 42
Title: UAE’s admission to BRICS spurs economic dynamism, greater cooperation with China
Publisher: Investment Monitor
Date: Dec 14, 2023
Description: It discusses how the UAE's recent admission to the BRICS group of emerging economies will deepen cooperation, particularly in areas like investment, energy, infrastructure, technology, and finance. The Abu Dhabi Investment Office representative interviewed for the article highlights key sectors for trade like energy, infrastructure, technology, finance, and renewable energy. They also discuss the role of ADIO's China office in facilitating partnerships between Chinese businesses and opportunities in Abu Dhabi. Overall, the future of UAE-China economic ties is portrayed as positive with potential for collaborations that drive innovation.
January 2024
Article 43
Title: UAE marks a new chapter, officially joins BRICS to boost outreach
Publisher: Khaleeji Times
Date: 2 Jan 2024
Description: The UAE has officially joined the Brics alliance of emerging economies, which also added Saudi Arabia, Egypt, Iran and Ethiopia as new members. <bold>This doubles the size of the bloc to account for 28% of the global economy and 45% of the world's population.</bold> The UAE sees the membership as an opportunity to promote multilateral cooperation and tap into new markets. It aims to diversify its strategic partnerships and investment opportunities through engaging with other emerging economies in the group. The move underscores the UAE's commitment to strengthening multilateral platforms and pursuing stability and development globally.
Article 44
Title: UAE, Saudi Arabia officially join BRICS: All you need to know
Publisher: Arabian Business
Date: 2 Jan 2024
Description: The key points are that the UAE and Saudi Arabia officially joined the BRICS economic group on January 1, 2024. BRICS is a coalition of major emerging economies that also includes Brazil, Russia, India and China. The article seeks to explain the significance of the UAE and Saudi Arabia joining this group.
Article 45
Title: Russia’s Vladimir Putin officially welcomes UAE, Saudi into BRICS
Publisher: Gulf Business
Date: 2 Jan 2024
Description: The BRICS bloc was originally formed in 2001 and consisted of Brazil, Russia, India, China and South Africa. At the 2022 BRICS summit, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE were added as full members, expanding the group to 10 countries. Putin's announcement on January 2nd, 2024 made UAE and Saudi Arabia's membership official.
Article 46
Title: Dubai, Abu Dhabi rank among wealthiest cities in BRICS bloc
Publisher: Arabian Business
Date: 31 Jan 2024
Description: The summary is that Dubai and Abu Dhabi rank among the wealthiest cities in the expanded BRICS bloc based on the number of wealthy individuals in each city.
February 2024
Article 47
Title: This is the plan implemented by the UAE to prevent Algeria from entering BRICS
Publisher: Al Djzair Al Jadida
Date: 4th Feb 2024
Description: The article discusses allegations by Abdelali Hassani, head of the Community of Peace movement, that the United Arab Emirates implemented a plan to prevent Algeria from joining the BRICS organization. According to Hassani, the UAE and Saudi Arabia joined BRICS to support India's project over China's project.Hassani also claimed that the UAE invested $100 billion in India's "Spice Route" project, which exploits Arab and Islamic lands and exits in the Gaza Strip's Ashkelon area. He described the UAE as a "functional state" that works for the American-Zionist project worldwide.
Article 48
Title: The BRICS Chamber of Commerce and Industry opens its new branch in the Emirates
Publisher: MENAFN
Date: 21st February 2024
Description: The BRICS Chamber of Commerce and Industry (BCCI), a non-profit organization recognized by the United Nations, has opened a new branch in the UAE. This comes as the UAE joined BRICS in January 2024, expanding the group to 10 member countries including Brazil, Russia, India, China and South Africa.The new branch opening in Dubai aims to enhance cooperation and trade opportunities between BRICS members and partner countries. Officials from the member countries attended the opening ceremony, seeing it as an important step towards increased economic ties.
Article 49 covering the news about the Sherpa and Sous-Sherpa – only Egypt “Rage El-Etribi” publicly announced who is the representative at BRICS unlike UAE and KSA
Title: Ambassador Raji El-Etreby is President Sisi’s personal representative to the BRICS and G20
Publisher: Youm7
Date: 13th Feb 2024
Description: The Egyptian ambassador Rage El-Etribi has been appointed as the personal representative of President El-Sisi to the BRICS group and the G20. BRICS includes Brazil, Russia, India, China and South Africa. Egypt joined BRICS this year at their invitation.El-Etribi said Egypt's participation in these groups reflects its important regional and international role. President El-Sisi has directed that Egypt's involvement be active and focused on cooperation between Egypt and BRICS countries in priority areas like financing, industry, agriculture and services.Egypt will also promote issues of priority for itself, Africa and developing nations in G20 meetings, such as food and energy security, debt governance and financing for development.
The digest was prepared by the BRICS & SCO Innovative Diplomacy Center. Author: Ayad Fadi Michel Azmi