A giant $30bn four-reactor nuclear plant on Egypt's Mediterranean coast could ease some of the country's energy costs, but it would be paid for largely by a Russian loan
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…
“From time to time, my wife surprises me with a shopping list a few minutes before I leave the office. It’s hassling to drop by the supermarket in the rush hour. I resort to grocery and supermarket…
The Saudi banking sector is facing new competitors. The competition is coming from fintech (financial technology) and financing firms that are taking a slice of the banking business. The accelerating…
In retrospect, the most significant outcome of COP26—the UN Conference on Climate Change that convened in Glasgow on October 31, after a year-long postponement—may not have been the formal agreement…
Last year, as the first COVID-19 vaccines began to roll out, I predicted in Foreign Affairs that the global economy would come roaring back and eventually usher in a new golden age of globalization…
Retail jobs are among the most common in the U.S. economy. During the pandemic, these workers have been face-to-face with the shopping masses likely to be carrying and spreading COVID-19. So when…
A US envoy wants the institutions of western Libya to accommodate the son of an eastern warlord as Libyan president. Is this another doomed effort to unite the feuding factions, or could it work?
As the FIFA World Cup 2026 shows, identity, belonging, and tension combine to make football fandom unlike any other sport. So, what is going on in fans' brains?
Beijing's duty-free access for African exports promises mutual economic gains, but more importantly, it deepens its strategic influence across the continent