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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
If Lebanon is greylisted by the FATF, its reputation will be further damaged and it's economy further weakened. Axel Rangel Garcia

Will Riad Salameh's arrest keep Lebanon off the FATF greylist?

The dragging of the country's former central bank governor through the courts on embezzlement charges may be linked to the monitoring by a key finance body charged with combating money laundering.

Salwa Baalbaki 12 September 2024
Sara Padovan

Why global business heats up in the summer

Tourism and retail usually see major spikes globally, but businesses need to be prepared to capitalise on the surge in consumerism. Al Majalla also examines the unique dynamics of MENA/GCC summers.

Abdel-Rahman Ayas 06 September 2024
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A wounded girl lies on a hospital bed after an Israeli strike in the Syrian village of Beit Jin on 28 November 2025 killed 10 people, the deadliest Israeli attack since al-Assad's ouster in December 2024. LOUAI BESHARA / AFP
Politics

Israeli actions in southern Syria give Iran an opening

04 December 2025

Israeli raids and bombs have served as a powerful recruiting tool for those wishing to resist Israel

Subhi Franjieh
Al Majalla
Business & Economy

Saudi Arabia's 2026 budget carefully boosts spending

04 December 2025

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

Omar Harkous
Jay Torres
Politics

The evolution of Latin America’s drug cartels

04 December 2025

What began as a locally rooted trade in coca leaves and opium evolved into a transnational system of cartels that challenged governments, corrupted institutions, and destabilised countries

Stefanie Butendieck Hijerra
Opinion

Ukraine peace talks: one step forward, two steps back

04 December 2025

The prospects of a breakthrough remain bleak as Putin blames Europe for sabotaging a 28-point peace plan agreed on with the US

Con Coughlin
A visitor stands next to a photograph of German-American philosopher Hannah Arendt at the German Historical Museum in Berlin on 6 May 2020. John MACDOUGALL / AFP
Culture & Social Affairs

50 years on, Hannah Arendt's works resonate more than ever

01 December 2025

The renowned German-American philosopher's analyses showed how governments deploy deceit for political gain and blur the lines between truth and lies

Abdel Salam Ben Abdelali

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OPINIONS

Spanish poet Miriam Reyes on escaping the prison of the page

Mohammed Al-Bittari
Mohammed Al-Bittari

Musk lifts the lid on X social media manipulators

Marco Mossad
Marco Mossad

China's approach to 'the new Syria' is one of cautious optimism

Xiaotong Yang
Xiaotong Yang

The GCC moves from ‘safe neutrality’ to ‘indivisible security’

Omar Harkous
Omar Harkous
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