An Emirati expert nominates the dirham as the primary currency for trade exchange between the BRICS countries
An article on “Sputnik” in which Dr. Ibrahim Karsany discusses the use of the UAE dirham in international trade and the role of the UAE in the “OPEC+” and “BRICS+” organizations. Dr. Karsany also discusses the increase in trade in local currencies after the Ukrainian crisis and the expansion of the “BRICS+” organization, anticipating an increasing role for the UAE dirham in international trade.
- by Dr.Ibrahim Karsany ,
- Thursday, 14th December, 2023
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Dr.Ibrahim Karsany
Economic consultant
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Areas of Expertise
- Public Policy
- Development issues
- Economic Planning
- Competitiveness
Education
Ph.D. in Economics.
bio
Dr. Ibrahim Karsany graduated from Khartoum University with a Bs.C. (Hon) in economics, followed by a Ph.D. in development economics from Leeds University, England. He has accumulated a rich research experience in different fields of study ranging from development studies, economic planning, and problems of under-development to total quality management and competitiveness of nations.
Dr. Karsany’s work experience extends over four decades and ranges from university teaching, at both undergraduate and graduate levels, to working in international organizations such as the United Nations Development Programme (UNDP) and in Governments, e.g, as Advisor to the Ministry of Economy, Oman, Muscat and as Economic Development Advisor, Department of Economic Development, Dubai, as well as in the Private Sector (DPPRC, Bhuth).
He has been a Visiting Professor and Scholar at reputable academic institutions; notable amongst them are Bergen University, Norway, The Scandinavian Institute for African Studies, Uppsala, Sweden, and The Hungarian Academy of Science, Budapest. He also published a number of studies in learned specialized international journals and served on the Editorial Boards of Academic Journals in Sudan and abroad; e.g, The Review of African Political Economy (ROAPE), published in England. He has also presented papers as well as participated in a considerable number of international conferences, seminars and workshops and has published more than sixty pieces in daily printed as well as electronic papers covering a wide range of socio-economic as well as political topics and issues.