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.
The world remains distracted by other conflicts and crisis, but with this large African country on the brink of famine and no end in sight to the fighting, there are warnings that Sudan could splinter
The al-Assad government's embrace of the neoliberal market involves privatisation and subsidy cuts, which are causing widespread suffering and only benefitting the elite
Many regional and international stakeholders believe that the cost of rescuing Egypt's economy pales in comparison to the steep price everyone might pay if it were to descend into chaos
An end to the conflict is an absolute priority and a basic demand, but even if it were to come now, and the most optimistic recovery scenario played out, Gaza faces a bleak economic future
News of a $40bn fund in collaboration with Silicon Valley and Wall Street will places Riyadh among the leading riders in the race for dominance in an AI-driven future.
High inflation and low productivity are but two of the concerns being voiced by Iranian media outlets about the state of the country's economy, as it enters a new year.
The Kingdom has seen visitor numbers grow but its ambitions are much bigger and broader. Plans to open its doors and sites come with a massive $800bn investment set to boost the sector.
The West African state has a big new gas field about to go live and a handy Atlantic location for exports. Add a well-stocked mineral larder, and you have an attractive mix.
While there are plenty of instances of zombie banks around the world, Lebanon stands out as the most extreme example of deliberate negligence and procrastination in banking reform
Lebanon's cash economy and money laundering have come under increased scrutiny. The banking sector is under intense pressure to comply or face serious consequences.
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.