Some of the US’s top Middle Eastern allies — including the world’s biggest oil exporter — are moving closer into the orbit of China and Russia, further complicating geopolitics upended by Russia’s invasion of Ukraine.
Saudi Arabia, the United Arab Emirates and Egypt are set to join the BRICS grouping of major emerging markets, after being invited Thursday during a summit in South Africa. They’re likely to become members at the start of next year, along with Iran, Argentina and Ethiopia.
The move is part of a push by leaders of the BRICS nations — Brazil, Russia, India, China and South Africa — to increase the group’s influence and counter US power over the global economy and trade, including through the role of the US dollar.
It also signals the determination of Saudi Arabia, the UAE and Egypt to bolster their status as midsized powers while avoiding taking sides in a world increasingly split between Washington and Beijing.
The UAE said the invitation reflects its “keenness to champion the value of multilateralism.”
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