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النسخة العربية
  • Politics
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  • budget deficit

A worker counts money at a petrol station in Cairo on 26 July 2024, as Egypt’s government announced yesterday a new increase in fuel prices. AHMED HASAN / AFP

How the Egyptian economy weathered regional turmoil

Saved from default in 2024, Egypt's macroeconomic policies and central bank flexibility have helped steady the ship amid the fallout of Israel's war on Gaza and the US war on Iran

Sharif Mohammad 22 October 2026
Al Majalla

Saudi Arabia's 2026 budget carefully boosts spending

Balanced fiscal management, targeted deficit reduction, and strategic growth initiatives underpin this year's budget, with a strong emphasis on citizen partnership

Omar Harkous 05 December 2025
Central Bank of Kuwait
 Shutterstock

Kuwait's budget deficit shrinks without public spending cuts

Cost-cutting measures, along with improved non-oil revenues, reduced the deficit by 32.4%. Al Majalla gives a detailed breakdown.

Amer Ziab Al-Tamimi 22 September 2025
Stock markets are reacting to an uptick in US inflation, suggesting that President Donald Trump's tariffs are beginning to feed into the American economy. Angela Weiss/AFP

Trump still betting on tariffs to shrink America’s trade deficit

In his latest missive, the US President has threatened 100% duties on Russia and its trading partners, which includes some big American allies. It's 'stick-or-twist' time for the White House.

Mohamed Sharki 17 July 2025
A billboard in the middle of a public street shows the size of the US debt, December 30, Washington, D.C., 2024. AFP

Why US ‘white swan’ debt can't be wished away by cuts

With an average monthly fiscal deficit of $150bn, there are no good options for Donald Trump, who boasts of defaulting on debt in corporate life. Will he do the same with America's $36tn I-O-U pile?

Toufic Chanbour 29 March 2025
Former Tunisian Minister of Finance, Siham Al-Boughdiri Namsia, presents the state’s general budget for 2022, Tunisia, December 28, 2021.
 AFP

Tunisia's 'IMF shadow' disappears with Nemsia's sacking

The unexplained dismissal of the finance minister leaves more questions than answers as the highly indebted country seeks to avoid a 2025 default

Kawthar Zantour 26 February 2025
Eduardo Ramon

Moving from crisis to hope: Egypt’s economy in 2025

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

Marcelle Nasr 04 January 2025
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
Morocco's 2025 Budget has impressed some, not others. Shutterstock

Only bold on paper? Morocco’s $73bn budget for 2025

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

Mohamed Sharki 03 December 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
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Gregori Saavedra
Politics

Syria takes on Iran’s proxies

12, Nov 2026

Our cover story this week explores the opportunities and risks accompanying Syria's shift from being a corridor of Iranian influence to a state intent on containing it

Baghdad, London - Al Majalla
Al Majalla
Business & Economy

Jensen Huang is out. His successor has the toughest job in tech

13, Nov 2026

A company built around one man must now learn to run without him

The Economist
Eduardo Ramon
Politics

Why the midterms complicate Trump's search for an Iran deal

14, Nov 2026

Democratic control of Congress will increase scrutiny of the war and its economic costs, but could also make the concessions needed for a lasting agreement with Tehran more difficult to deliver

Neil Quilliam and Alice Gower
Ibrahim Arafath
Science & Technology

AI in medicine: can a selfie tell how long we might live?

15, Nov 2026

Artificial intelligence can analyse facial features for clues to biological ageing and cancer survival, but further validation is needed before clinical use

Alaa Emara
Nash
Politics

The Democrats’ old guard faces a progressive revolt 

15, Nov 2026

Following an historic landslide, a new progressive wave is calling for establishment figures to step aside and make way for new blood who better represent the future direction of the party

Tarek Rashed

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OPINIONS

Kurdistan: allies come and go, neighbours remain

Ibrahim Hamidi
Ibrahim Hamidi

The Democrats’ old guard faces a progressive revolt 

Tarek Rashed
Tarek Rashed

AI in medicine: can a selfie tell how long we might live?

Alaa Emara

Libya’s economy: so much potential, so many problems

Rifaat Balkhair
Rifaat Balkhair
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