Egypt joined the BRICS New Development Bank (NDB) as an official member.
Egypt completed all the necessary procedures to become an eligible member on February 20, 2023.
About NDB :
* BRICS' New Development bank was established in July 2014, after an intergovernmental agreement was signed by the partner nations at the sixth BRICS summit in Fortaleza.
* NDB bank includes India, Brazil, Russia, China, and South Africa as member countries..
Source : India Times
