Egypt to pay $627m in export arrears from August
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
BRICS foreign ministers' meeting in New York ended Thursday without a joint statement, marking a first for the group since its inception. The lack of consensus follows the bloc's expansion last year, highlighting challenges in reaching agreement. The ministers met on the sidelines of the UN General Assembly, intending to finalize a 52-paragraph document addressing topics such as the Middle East conflict, a proposed common currency, and discussions on expanding BRICS membership ahead of the October summit in Kazan, Russia.
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