Tourism’s Power and Perception Tourism is a rapidly growing industry and a major employer in Egypt, making it vital for the nation’s economy as it is one of the top employers and a significant source of foreign currency. By opening its doors to international visitors, Egypt showcases its rich culture,
The 2025 St. Petersburg International Economic Forum (SPIEF), now in its 28th year, opens at a time of deep geopolitical flux and economic recalibration. With the theme Shared Values as a Foundation for Growth in a Multipolar World, this year’s forum underscores Russia’s evolving global posture, moving decisively away from
In recent years, capital from the Arabian Gulf has become an increasingly significant force in shaping the infrastructure and digital landscapes of emerging markets. While historically known for oil and gas wealth, Gulf states are now repositioning themselves as global investment hubs with a clear focus on technology, infrastructure, and
BRICS+ Series: South Africa’s Waste to Wealth South Africa, like many of its BRICS+ counterparts, is at a crossroads. In 2025 alone, an estimated 3.67 million tons of domestic waste in South Africa were uncollected, according to recent parliamentary briefings, contributing to environmental degradation, illegal dumping, and threats to public
Brazil has taken up the rotating presidency of the BRICS bloc at a time of heightened geopolitical uncertainty. As the grouping gears up for its annual meeting in Rio de Janeiro this July, the host nation is tasked with managing rising global tensions, partly fuelled by the protectionist trade policies
India, a major global oil consumer relying heavily on imports, has historically been susceptible to fluctuations in Western oil prices and geopolitical pressures. This vulnerability, stemming from importing over 85% of its crude oil, exposed the nation to supply disruptions and external political factors. However, collaborative efforts within BRICS are
In a world recalibrating its power structures, the heartbeat of a new economic order is not coming from Washington or Brussels, it’s coming from Riyadh, Dubai, and Doha. The first quarter earnings of GCC banks, a record-breaking $13.2 billion — are not just figures in an accounting ledger. They are
Indonesia’s Manufacturing Global Ambitions The manufacturing sector constitutes a significant portion of Indonesia’s economy, contributing 20% to the GDP and thereby playing a pivotal role in the nation’s economic advancement. The majority of manufacturing operations are concentrated on the island of Java, which is home to 60% of the national
The idea of the world changing has become a habit, year-on-year, that statement provides no new information. Nonetheless, this opinion points out that what is happening [with strong support] is that global relationships are changing–old friends have become foes and new friends have been foes. This particular change rings true
Iran is rapidly emerging as a renewable energy powerhouse, making bold strides in solar energy expansion that signal a transformative shift—not just for the country, but for the broader BRICS+ alliance. In the past Iranian year alone (ending March 2025), Iran added an impressive 600 megawatts (MW) of solar power
