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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 April 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 March 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 January 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 December 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 December 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 December 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 November 2024
Pakistan's president Asif Ali Zardari receives Saudi investment minister Khalid Al-Falih SPA

Saudi Arabia's $2.2bn investment deepens economic ties with Pakistan

Top-level political backing for the Kingdom's latest support for its ally adds to hope that more is to come after a top-level signing ceremony this month

Kaswar Klasra 16 October 2024
A man inspects the rubble of a house destroyed in Israeli bombardment in the southern Lebanese village of Kfar Kila. Hassan FNEICH / AFP

War has hurt Israel's economy but devastated Lebanon's

Both countries have suffered massive economic blows. But Lebanon's economy was already on its knees before the war, making recovery and reconstruction all the more difficult.

Salwa Baalbaki 27 September 2024
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Axel Rangel Garcia
Politics

Why a cornered Iran is also a problem for China

02 May 2026

Even when appeals to open the Hormuz Strait come from a close ally like Beijing, they fall on deaf ears in Tehran. But hope is not yet lost.

Xiaotong Yang
Sara Padovan
Business & Economy

Global airfares soar amid ongoing US-Iran turmoil

04 May 2026

Airspace closures, rising fuel costs, shifting flight maps and delayed aircraft deliveries have repriced flights around the world, with some travel routes hit worse than others

Abdel-Rahman Ayas
A man holds a flag featuring the late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini, the late Supreme Leader of Iran Ali Khamenei and the new leader, Mojtaba Khamenei, at a rally in Tehran on 29 April 2026. Majid Asgaripour / Reuters
Politics

Real Iran splits and the myth of division

04 May 2026

The argument is over the price and presentation, not the basic instinct to preserve the system

Alex Vatanka
A Lebanese guard stands in front of  Magen Abraham, the last Jewish synagogue in Lebanon at Wadi Abou Jmil, Beirut's former Jewish neighbourhood, in the war-devastated city centre. JOSEPH BARRAK / AFP
Culture & Social Affairs

New book recalls Beirut’s once-vibrant Jewish quarter

01 May 2026

Veteran Lebanese journalist Nada Abdelsamad transports readers back to the time when Beirut's Jewish quarter, known at the time as Wadi al-Yahud, was thriving

Abdul Rahman Mazhar Halloush
Turkish fighter jets fly over a warship in Kyrenia, in the self-declared Turkish Republic of Northern Cyprus. AFP
Politics

How the Iran war changed Türkiye’s security calculus

05 May 2026

Ankara's national security priority is no longer Kurds or Gülenists, but Israel. Likewise, in Tel Aviv, Türkiye is increasingly seen as a future Israeli adversary. Both are preparing accordingly

Rustum Mahmud

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OPINIONS

Pakistan proves its utility as a US-Iran mediator

Con Coughlin
Con Coughlin

Gulf states take on Iran’s sleeper cells

Al Majalla - London
Al Majalla - London

Iran’s bid to export disorder across the Gulf

Omar Harkous
Omar Harkous

How Europe helps keep Hezbollah in business

Lina Khatib
Lina Khatib
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