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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, Dec 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, Nov 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, Nov 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, Nov 2023
  • Popular
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Eduardo Ramon
Politics

How Israel pulled off its unprecedented strike on Iran

18 June 2025

Years of painstaking intelligence work went into the operation that activated vast networks of operatives and involved multiple layers of subterfuge

Michael Horowitz
A demonstrator holds a picture of Iran's Supreme Leader, Ayatollah Ali Khamenei, while gathering with others during a rally in solidarity with the government against Israel's attacks on Iran on June 14, 2025. ATTA KENARE / AFP
Politics

Iran is further from regime change than Israel thinks

17 June 2025

Israel sees an opportunity to eliminate a strategic regional rival, but the future course of events primarily hinges on what Trump decides to do next

Houssam Itani
Michelle Thompson.
Business & Economy

What would happen if Iran closed the Strait of Hormuz?

18 June 2025

The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.

Amer Ziab Al-Tamimi
Axel Rangel García
Politics

Can diplomacy stop the Israel-Iran war before it's too late?

17 June 2025

De-escalation is in the overwhelming interest of most countries in the region and the world, and we could see many extend a hand to help bring the conflict to an end

Arash Azizi
Eduardo Ramon
Politics

Will Iran-Israel strikes derail Trump's Mideast vision?

14 June 2025

Trump and Netanyahu disagree on whether to use military force to stop Iran's nuclear programme, and Israel's punishing attack on Iran places the region on a worrisome trajectory

Robert Ford

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OPINIONS

Attacks on Iran make a nuclear bomb more likely

Eric Brewer
Eric Brewer

Oil, stock markets so far stable amid Israel-Iran war

Sharif Mohammad

Beyond Fordow

Bilal Saab
Bilal Saab

Fact or fear? how Netanyahu ‘securitises’ Iran’s existential threat

Ahmed Maher
Ahmed Maher
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