Egypt first to host NDB’s seminar outside BRICS founding states

Egypt will host the first-ever international seminar of the New Development Bank (NDB) held outside BRICS founding countries, under the patronage of President Abdel Fattah al-Sisi, a Cabinet statement announced on Thursday.

The seminar aims to introduce the bank’s operations, enhance co-operation with the government and private sector, discuss future opportunities with BRICS members, and maximise benefits for Egypt as a key player in global trade.

The two-day event, organised by the NDB in co-operation with the Egyptian Ministry of International Co-operation on June 11th and 12th, 2024, will take place at the New Administrative Capital (NAC).