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        <h1>BRICS Development Bank Expands Global Reach by Welcoming Algeria as Strategic New Member</h1> A multilateral development bank established by BRICS nations has admitted Algeria as its newest member. The New Development Bank welcomed Algeria, recognizing its strategic economic potential and geographic significance. The bank, which has approved over 120 investment projects totaling USD 40 billion, aims to support sustainable development through infrastructure and collaborative financing. Algeria's membership expands the bank's global financial engagement and collaborative platform.

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