ONLY PROJECT THAT

Last updated: June 16, 2025, 16:56  |  Written by: Changpeng Zhao

Only Project That
Only Project That

BRICS: Why Saudi Arabia and others are vying for

Dave D. on LinkedIn: BRICS: Saudi Arabia Preparing to Invest $16

Exhibit 3: Trade Between BRICS Members Has - Scholars at Harvard

Already

Already, the BRICS nations account for nearly half of the world’s population and nearly a fifth of global trade. Moreover, the proposed addition of Saudi Arabia, the UAE

As the country joins the BRICS economic alliance, Saudi Arabia is preparing to invest a remarkable $16 billion from its foreign reserves. Indeed, the country set aside a

Timing is key to understanding the move, as it can be seen as the result of a combination of China's diplomatic efforts in the Middle Eastern region and Saudi Arabia's aspiration to deepen

In February

Saudi Arabia sits on fence over BRICS with eye on vital ties with US

In February, Saudi Arabia exported goods worth 15.2 billion riyals ($4.05 billion) to China, marking a 20.6% increase from a year earlier, when trade amounted to 12.6

Saudi Arabia’s Entry into BRIC: Implications for Trade

Perspectives of GCC States Towards BRICS

New Middle East members expand Brics reach - AGBI

BRICS: Saudi Arabia Gears Up to Invest $16 Billion from Reserves

Changpeng Zhao can be reached at [email protected].

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