INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Pakistan applies for BRICS membership in 2024: envoy to Russia

Top leaders at the BRICS Business Forum in Johannesburg in August. (AFP)
  • When asked whether the country has filed its BRICS membership bid, the diplomat replied that Pakistan has done it
  • He confirmed that Islamabad plans to join the group under Russia’s presidency in 2024

Moscow, Russia – Pakistan has filed an application to join the BRICS group of nations in 2024 and is counting on Russia’s assistance during the membership process, the country’s newly appointed Ambassador to Russia Muhammad Khalid Jamali has told Russian news agency TASS in an interview.

When asked whether the country has filed its BRICS membership bid, the diplomat replied that Pakistan has already done it. He confirmed that Islamabad plans to join the group under Russia’s presidency, in 2024.

“Pakistan would like to be part of this important organization and we are in process of contacting member countries for extending support to Pakistan’s membership in general and Russian Federation in particular,” the ambassador added.

Russian Deputy Foreign Minister Sergey Ryabkov said in early October that BRICS plans to agree on a list of candidates for partner-state status ahead of the upcoming summit in Kazan in 2024. According to the official, during the Russian BRICS chairmanship, special attention will be paid to expanding the “circle of BRICS friends,” including in Latin America.