Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.
Al Mayadeen's correspondent: More than 70 martyrs in Israeli attacks on Gaza since dawn.
Death toll from latest Israeli strikes on Gaza rises to 30
Al Mayadeen's correspondent: Five killed in the Israeli bombing of a civilian vehicle on Al-Qassam Street in Khan Younis, south of the Gaza Strip
Hamas confirms that it has no connection to the shooting incident in Rafah and affirms its commitment to the ceasefire agreement
Al Mayadeen's correspondent: Two civilians were killed and four others, including a child and an infant, were injured in an Israeli bombing of a house belonging to the Al-Banna family in the al-Sabra neighborhood, south of Gaza City
Al Mayadeen's correspondent: An Israeli airstrike targets the vicinity of Al-Shifa Medical Complex, west of Gaza City
Al-Qassam: We will postpone the handover of the body of the Israeli captive we found, which was scheduled for today, due to the occupation's violations

Joining BRICS will help Algeria's development: President

  • By Al Mayadeen English
  • Source: Agencies
  • 7 May 2023 09:04
  • 3 Shares
2 Min Read

Algerian President Abdelmadjid Tebboune touches on his country's endeavors in the international arena, stressing that Algiers' entry into the BRICS will aid the country’s progress more than international financial institutions have helped in recorded history.

  • x
  • Algerian President Abdelmadjid Tebboune speaks during a press conference at the presidential palace in Algiers, August 25, 2022. (AFP)
    Algerian President Abdelmadjid Tebboune speaks during a press conference at the presidential palace in Algiers, on August 25, 2022. (AFP)

Algerian President Abdelmadjid Tebboune stated that Algeria’s entry into the BRICS will aid the country’s progress more than international financial institutions have helped in recorded history.

Algeria presented its formal application to join the BRICS earlier in November 2022. In December, the Algerian president expressed optimism that his country may join the alliance in 2023.

During a press conference Tebboune said, "The BRICS organization will help us [in development] more than other international financial organizations have helped us to date." 

Related News

US sanctions won't stop shift to multipolar world: Zakharova

Trump expands tariff threats on multiple states as deadline draws near

Elsewhere in his remarks, Tebboune pointed out that the BRICS bank has $100 billion, which is a larger capital than that of the World Bank. 

"BRICS will finance our projects, we will join their organization and unite politically," Tebboune said. 

Back in February, Russian Foreign Minister Sergey Lavrov said Algeria is one of the main prospects for BRICS membership. At the time, Lavrov added that once Algeria joins BRICS it will not be forced to follow instructions if they contradict its national interests, noting that the organization is non-hegemonic.

It is worth noting that BRICS members account for 30% of the global gross output and 40% of the global population. The bloc includes the world's major developing countries: Brazil, Russia, India, China, and South Africa. It was also announced, recently, that a handful of medium-sized economies intend to join the bloc, including Argentina, Algeria, Iran, Indonesia, Turkey, Saudi Arabia, and Egypt.

Read more: BRICS to establish a 'geological platform'

  • BRICS countries
  • BRICS
  • Algeria
  • BRICS bank

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Saudi's PIF refocuses on AI, logistics, and religious tourism
Economy

Saudi Arabia's fund refocuses on AI, logistics, and religious tourism

Detained Bahraini activist al-Khawaja starts new hunger strike.
Politics

Detained Bahraini activist al-Khawaja starts new hunger strike

Israel fortifies Gaza’s "yellow line," prepares to dig in.
Politics

'Israel' fortifies Gaza’s 'yellow line,' prepares to dig in: WSJ

President Donald Trump speaks to reporters aboard Air Force One as he travels from Tokyo, Japan, to South Korea, on October 29, 2025. (AP Photo/Mark Schiefelbein)
Asia

Trump’s weak dollar strategy risks global fallout: Forbes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS