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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
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AFP-Al Majalla
Business & Economy

Saudi investment summit convenes at a pivotal moment for the region

25 October 2025

It will be the largest gathering since the inception of the Future Investment Initiative in 2017, with 600 speakers set to address the four-day event and an impressive lineup of attendees

Maher Chmaytelli
People walk amid the destruction in Gaza City in the northern Gaza Strip on October 11, 2025, a day after a ceasefire took effect. AFP
Politics

Gaza's partition: Palestinian peril dressed up as pragmatism

26 October 2025

Presented as post-war stabilisation, an experiment in controlled fragmentation appears to be underway, with diplomacy, security, and commerce converging to cement a new geopolitical order

Ramzy Ezzeldin Ramzy
Al Majalla
Politics

Japan quietly prepares itself amid China's rise

23 October 2025

While the world discusses Beijing's ascendancy and the rivalry among great powers, Tokyo forges its own path—one dotted with patience, discipline, and strength

Ibrahim Hamidi
Al Majalla
Politics

Is the US going to war with Venezuela?

26 October 2025

A string of recent statements from US President Donald Trump, coupled with American naval deployments this month, makes for a compelling case. But could this just be psychological warfare?

Tarek Rashed
Lina Jaradat
Politics

Why Gen Z is so mad

24 October 2025

Economic displacement driven by AI has alienated an entire generation, and they are not going down quietly

Steve Hewitt

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