Climate change has become a major concern for many governments, as scientists and civil societies keep raising alarms of its irreversible life-threatening effects every new day. While preparations…
Globalization is an extremely ambiguous term that has been redefined and re-constructed. The champions of globalization define it as the phenomena of increasing integration and interaction among…
Conservatives on Twitter have greeted Elon Musk as a liberator. The mega-billionaire is in the process of purchasing the social-media platform and reorienting it toward what he calls “free speech.”…
The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…
Ever since Bitcoin exploded onto markets, governments around the world have been exploring how to digitize their currencies. A total of 87 countries representing over 90 percent of global GDP are…
In mid-April, the MENA growth forecast of the World Bank anticipated that the economies of Arab oil exporter countries “are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back…
The photo accompanying this text reflects the times when Tunisia, strong in its achievements and its financial reputation, held the vice presidency of the annual meetings of the IMF and the World…
In the early 1980’s, Saudi King Fahad bin Abdul Aziz, who ruled between 1982 and 2005, believed in agriculture as a pillar of self-dependence. He worked hard to achieve wheat self-sufficiency relying…
Egyptians are bearing the brunt of the Russian-Ukrainian war which broke out in February as food and other commodity prices are soaring.
According to the Central Agency for Public Mobilization and…
Since the beginning of the Russian invasion of Ukraine, in February, the Egyptian economy has been weathering a significant amount of pressure, that poses a serious threat to the hard-earned gains of…
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.