In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises
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…
A rapidly growing economy usually brings rounds of cheers. Business is booming, innovation reaches new heights, and buyers can't get enough. But when that growth accelerates too fast, inflation isn't…
Wars or military confrontations always come with dramatic, impactful changes. The economy is the most fragile or the weakest link that can be shaken with the first sign of instability. Unprecedented…
In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises
After the euphoria of liberation has worn off, Syrians are now confronted with the daunting task of rebuilding a country ripped apart by a decade-long war. It will be a long road, but there is hope.
Uncle Zezo, Uncle Mickey, and Dr Alloush perform in displacement shelters and hospitals, striving to restore fragments of a joy last felt in 2023. Al Majalla meets them.