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  • budget
The Saudi capital, Riyadh, on November 15, 2024. Reuters

Saudi Arabia’s 2025 budget balances spending with stability

Another deficit is likely, but it will be in line with EU standards, say Saudi ministers keen to keep investing in the Kingdom's economic diversification away from oil and towards Vision 2030

Maher Chmaytelli 11 December 2024
Algerian President Abdelmadjid Tebboune riding a military vehicle during the parade on the 70th anniversary of the Algerian Revolution on November 1 in Algeria. AP

Algeria’s ‘optimistic’ budget is the largest since independence

With subsidies still being paid, the budget deficit has ballooned from $45bn in 2024 to an expected $62bn next year. This largesse worries some, but apparently not the government

Rabia Abdul Salam 16 November 2024
Al Majalla

Syria’s 2025 budget is bigger but light on subsidies and detail

Damascus has artificially lowered prices for years, but Syrians today cannot afford basics like fuel without them, meaning its budget has become a delicate balancing act

Joseph Daher 14 November 2024
An employee piles up stacks of Syrian lira banknotes at the Commercial Bank of Syria in Damascus, on November 10, 2022. LOUAI BESHARA/AFP via Getty Images

Syria’s draft national budget for 2024 reflects the depth of its economic crisis

A big rise in spending in nominal terms says much more about the collapse of the pound than government spending power, as it continues to drop subsidies, including on fuel, deepening poverty rates

Joseph Daher 06 November 2023
  • Popular
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Barbara Gibson
Politics

China’s Victory Day Parade: symbolic or seismic?

05 September 2025

Beijing would like the week to mark a historic turning point in which a unipolar world finally gave way to multipolarity. To others, it was just tub-thumping bravura. In reality, it was a bit of both.

Shirley Ze Yu
Business & Economy

Syria’s post-Assad energy quandary

01 September 2025

The country now sits at an energy crossroads: will its recovery be anchored in oil and gas, or will it seize the chance to lean into renewables and build something more resilient?

Jesse Marks
Pep Boatella
Politics

Disarming Hezbollah: will Lebanon seize or squander its opportunity?

02 September 2025

After Israel dealt Iran and its regional axis a string of crippling blows last year, Lebanon now finds itself better-positioned to reclaim its eroded state sovereignty. Will it grab the chance?

Frederic C. Hof
Al-Ma'arri in his residence as depicted in a 1965 book Wikipedia Commons
Culture & Social Affairs

Al-Ma’arri’s satirical poetry reimagined for today's readers

02 September 2025

Recent books from Yemen, Egypt, and Syria take a new look at the 10th-century philosopher's famed letter 'The Epistle of Forgiveness', which is said to have inspired Dante's 'Divine Comedy'

Ali Almuqri
Local residents walk past a house destroyed by an earthquake that killed nearly 1,000 people and devastated villages in eastern Afghanistan, on September 1, 2025. AFP
Politics

For Afghan quake victims, sympathy came faster than help

04 September 2025

An earthquake in Afghanistan earlier this week levelled entire villages and left people trapped under rubble for days, but in the shadow of the Hindu Kush, saviours were thin on the ground

Kaswar Klasra

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OPINIONS

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Houssam Itani
Houssam Itani

Social media influencers are now passing as journalists

Alia Mansour
Alia Mansour

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Sergey Eledinov

Hugs and hand-holding: Modi sends signals to Trump in Tianjin

Shakir Husain
Shakir Husain
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