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Al Majalla

A US-Israel war on Iran could lock the region into a costly limbo

After less than two weeks, the estimated cost of warfare between these two sworn enemies is easily into the billions of dollars. How are they placed to weather the economic storm?

Mohamed Sharki 22, Jun 2025
Barbara Gibson

Heading towards a ‘war economy,’ Egypt prepares for the worst

The Israel-Iran war threatens the country's energy security, foreign currency reserves, tourism, and investment. There are Plan Bs but none are attractive, and the situation could yet get worse.

Marcelle Nasr 18, Jun 2025
Al Majalla

The priorities for Syria’s central bank after sanctions lifted

After 14 years of conflict, building transparent institutions and systems that meet international standards is a prerequisite for reigniting the economy, says the Governor of the Central Bank of Syria

Abdulkader Husrieh 23, May 2025
BlackRock: a financial giant that controls the world Diana Estefanía Rubio

BlackRock: a financial giant that controls the world

Four financial giants, BlackRock, Vanguard, Charles Schwab, and State Street, have emerged as the silent powers behind many of the world's largest companies. These firms control around $32tn in…

Al Majalla - London 01, Apr 2025
A currency exchange shop in Moscow displays the Russian ruble to dollar exchange rate on November 27, 2024. AFP

Even if sanctions are eased, Russia's economy will be strained

While some indicators are positive, others are troubling. The arrival of Donald Trump in the White House has given the Kremlin a political boost, and lifting sanctions will help, but it is no panacea.

Nazareth Seferian 16, Mar 2025
Students from Oman Tourism College. Shutterstock

Oman's youth investment drive set to pay dividends

Investment in education and training is bringing more Omanis into the workforce as reform and development plans energise small and medium-sized enterprises to create jobs

Amer Ziab Al-Tamimi 29, Jan 2025
Armenian Prime Minister Nikol Pashinyan, Belarusian President Alexander Lukashenko, Russian President Vladimir Putin, Kazakh President Kassym-Jomart Tokayev  at the Eurasian Economic Union summit in Moscow on May 8, 2024. Evgenia Novozhenina / AFP

Will Eurasian Economic Union growth continue into 2025?

The Russia-dominated union has demonstrated impressive growth functioning as an economic bloc but politically not all members see eye to eye

Nazareth Seferian 30, Dec 2024
Adrián Astorgano

Israel’s economic pains deepen as its regional wars widen

With a growing budget deficit, soaring military expenditure, slowing growth, big projects pulled, and inflation on the rise, Israel's economic challenges are numerous

Abdel-Rahman Ayas 14, Dec 2024
US President-elect Donald Trump, while attending the “America First” Institute of Politics gala in Florida, November 14, 2024. Reuters

The biggest losers from Trumponomics

America's president-elect wants to reshape trade, capital and labour flows

The Economist 01, Dec 2024
Al Majalla

Germany’s economic crossroads: From miracle to malaise

Once Europe's economic powerhouse, Germany faces a perfect storm of stalled growth, industrial decline, and structural hurdles. What should it do?

Toufic Chanbour 28, Nov 2024
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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

From kitchen labs to cyberwars: the rise of Israel's Unit 8200

Michael Horowitz
Michael Horowitz

Art critic Azeddine Bourkia on our relationship with images

Imad Eddine Moussa
Imad Eddine Moussa

Why Egypt is well-placed to mediate over the Mediterranean

Amr Emam
Amr Emam

Putin talks Islamists, gold, and nuclear power with Mali’s leader

Sergey Eledinov
Sergey Eledinov
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