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The building of the Swiss National Bank (SNB) is pictured in Bern, Switzerland June 16, 2022. REUTERS/Arnd Wiegmann

Swiss National Bank Exits Negative Rates Era with 0.75% Hike

Switzerland exited the era of negative interest rates on Thursday when its central bank joined others around the world in tightening monetary policy more aggressively to combat resurgent inflation. …

22, Sep 2022
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration

Euro, Stocks and Pound Fight Back After Latest Energy Shock

European stock markets, the euro, and the pound all clawed higher on Tuesday as previously surging gas prices slipped back 10%, although government bond market costs continued to rise and Japan's yen…

06, Sep 2022
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Alt 1

Dollar Hits 20-Year High as Markets Hunker Down for Higher Rates for Longer

The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…

29, Aug 2022
A man fills fuel at a service station during a significant increase in the price of energy in Madrid, Spain, March 8, 2022. REUTERS/Juan Medina

Euro Zone Slide Towards Recession Pins Euro to 20-Year Low

Contraction in the eurozone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe…

23, Aug 2022
A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. REUTERS/Cagla Gurdogan

Turkish lira Weakens Further After Erdogan Vows More Rate Cuts

Turkey's lira dipped 0.4% against the dollar on Tuesday as concerns over rampant inflation were stoked by President Tayyip Erdogan's pledge to continue cutting interest rates. In a Monday evening…

07, Jun 2022
Saif Al Abri

Does the Dollar Dominance Matter for the US?

The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…

Saif Al Abri 30, Apr 2022
  • Popular
  • Editor's Pick
Nash
Politics

Iran’s waning influence

27 June 2025

Our July issue features in-depth articles and expert analyses exploring the future of Iran's influence and the long-term reverberations for the region

Al Majalla - London
Lina Jaradat
Culture & Social Affairs

Gaza’s ‘death trap’ aid centres: a real-life Hunger Games

02 July 2025

Israel's commandeering of aid distribution in Gaza forces starving Palestinians to run the gauntlet at centres with biometric monitoring systems, armed security, and life-or-death hazards

Hala Al-Naji
People gather to celebrate after Lebanese parliament elects army chief Joseph Aoun as the new president, on January 9, 2025, in Al-Aaishiyah, Lebanon. Ramiz Dallah/Getty
Politics

Lebanon’s second chance at statehood

02 July 2025

The crippling of Hezbollah's dominance and the Assad regime's fall in Syria have created a narrow but historic opening for the Lebanese people

Paul Salem
Lina Jaradat
Business & Economy

Oman is quietly redefining its development model

29 June 2025

It is no longer the Gulf's quiet outlier but a country quietly setting a new standard for sustainable economic development in the region

Neil Quilliam
Lina Jaradat
Politics

How the Middle East can capitalise on Iran’s regional setback

02 July 2025

The US security umbrella will focus on Iran's direct threats, but regional states should deal with Tehran's residual proxy groups in the region

James Jeffrey

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OPINIONS

Trade held hostage in the Red Sea

Al Majalla - London

For Turks and Kurds, a decades-long fight may be nearing an end

Omer Onhon
Omer Onhon

US envoy Tom Barrack and the ghost of Lawrence of Arabia

Ibrahim Hamidi
Ibrahim Hamidi

Made in MENA: localising clean energy value chains

Jessica Obeid
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