After dramatic action from the central bank, an $8bn IMF loan and a $35bn development deal, Cairo aims to bounce back in the new year, but faces both familiar and new problems first
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
Lots to shout about, say the government. Not enough for the ordinary Moroccan, say the opposition. Let's wait and see what happens on the world markets, say the economists
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
Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.
Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy.
The World Bank has recently warned that economies of the Middle East and North Africa (MENA) region are suffering a sudden accumulation of public debt owing to challenges caused by the coronavirus …
In a world where events unfold at lightning speed and political and social landscapes shift rapidly, Al Majalla has remained a steadfast beacon of reliable and credible journalism. For over four…
JOMANA RASHED AL-RASHID, Chief Executive Officer at SRMG
From titanium and lithium to natural gas, Ukraine has an abundance of supplies needed by a range of industries, which Russia wants to control, while the US sees an opportunity
In the final of a three-part series, Syria's late former Vice President Abdul Halim Khaddam reveals that Bashar al-Assad's brother Maher misled Rafic Hariri before his assassination.
Smell has always been the poor cousin of the senses, overawed and diminished by the others. Hearing loss or blindness get all our attention, anosmia less so. What do the philosophers think?