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.
Washington has finally woken up to the importance of developing this vital region, with Nigeria showing the greatest investment potential — in the trillions.
An $8bn project in the Suez Canal Economic Zone shows Egypt's ambitions to become a global leader in green hydrogen. But with high set-up costs and a huge debt burden, Cairo can't yet go at it alone.
'Telegram 29' shows Algeria's determination to win out in a bitter battle with Morocco to control lucrative trade flows in a vital strategic region at a time of wider turmoil
The countries of the Arab Maghreb Union have ambitious plans for 2024 as they try to return to the kind of robust expansion seen before inflation and global geopolitical turbulence hit.
As the number of global leisure travellers rises to 1.8 billion, places from Venice to Machu Picchu are at risk. From visitor caps to day-tripper taxes, here is how they offset the danger.
For hundreds of years, Morocco has been a key link in the world maritime order between the global north and the global south. It is now turning its attention to the West.
At a time of global turbulence, the Kingdom's reputation for stability and determination to build on the success of its Vision 2030 plans will help it attract global business talent and entrepreneurs
At least 50 affected countries, a 40% decline in Suez Canal revenues, and German car factories pause production. Al Majalla lays out the economic impact of Red Sea disruptions in numbers.
Israeli bombs have blown huge holes not just in the Gaza Strip but in Israel's budget too. Ministers are now hurrying to adjust their balance sheets and projections.
Bretton Woods set up global financial institutions in 1945, but making them fit for the modern world is overdue. Now is the time to start by speeding up and evening out the main means of help.
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.