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.
Despite its ideal geography, the Arab Maghreb Union missed out on tens of billions due to political spats. Al Majalla looks at its highs and lows on its 35th anniversary.
A bigger IMF loan agreement and more support from the EU is expected as Cairo gets help from its allies to offset the impact of the Gaza war, amid hope among experts for fewer conditions
Across MENA, the proliferation of militias combines corruption, smuggling, looting, intimidation, and parasitism to swell their coffers at the expense of state treasuries.
Wherever you look, there are problems in the world's major trade arteries, with the worst ripple effects yet to be felt. Despite this, more disarray may follow.
The Egyptian Pound is weak, and the country is losing income from Houthi missiles, causing ships to avoid the Suez Canal. The timing is bad, as Cairo asks the IMF for $750mn in loans.
There is growing unemployment after Israel revoked work permits and withheld tax revenue from the PA. Meanwhile, it continues its brutal war on Gaza, heightening emotions at a tense time.
As the world moves away from oil, the region must move its national economies into a new era. But for most states, their starting position is far from ideal. Where and how should they change?
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.