There is suppressed anger within Hezbollah's support base over delayed compensation, with the party now suggesting that the onus rests with the Lebanese state
1.5 billion tourists over five continents raked $11tn into the global economy in 2024, surpassing pre-COVID levels. Meanwhile, North Africa broke records as a new hot-spot destination.
After dramatic action from the central bank, an $8bn IMF loan and a $35bn development deal, Cairo aims to bounce back in the new year, but faces both familiar and new problems first
The move toward sharia-compliant sovereign financing is designed to ease liquidity and draw cash back into the formal banking system. If it works, Algeria could become a major player in the industry
While financial obligations outlive regimes, Damascus may be able to show that some of the $7.6bn in loans from Tehran was spent repressing the Syrian people—and that Iran knew about it
Like Saudi Arabia, Gulf states should update their investment laws to help incentivise FDI, which is crucial to developing key sectors in their economies
The decision to dismantle the Peace Brigades may herald a new stage in the Iraqi state's trajectory, or it could just be a shrewd recalibration to disorient friend and foe alike
An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.
A new American legal ruling turns the screw on the Caribbean island nation by increasing the risks companies face by continuing to make money there. This is all part of the plan.