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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 June 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 June 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 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
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Former military chief Gadi Eisenkot, leader of the Yashar party, waves an Israeli flag following the exit polls at his party headquarters, on the evening of Israel's national election, in Tel Aviv, Israel, on 28 October 2026. REUTERS/Shir Torem
Politics

Is Israel ready for its first non-Ashkenazi prime minister?

07, Nov 2026

Gadi Eisenkot, who may form a government, hails from a Moroccan-Jewish family. Israel's 15 prime ministers have all had European or Russian heritage. Is it time for a change?

Kamal Alam
Sara Padovan
Politics

The muted impact of electoral change on foreign policy

09, Nov 2026

Despite domestic shifts, new leaders often face structural constraints and have limited parameters to operate

Christopher Phillips
Pep Boatella
Science & Technology

Climate change is redrawing national borders

10, Nov 2026

Whether it is rivers, glaciers, or sea-level submergence, the implications of rising temperatures are becoming an increasingly urgent issue for states

Alaa Emara
Mohsen Rezaei attends a farewell ceremony on 3 July 2026 for Iran's late Supreme Leader Ayatollah Ali Khamenei, who was killed on 28 February in a US-Israel strike in Tehran. REUTERS/Mohammed Salem
Profiles

Mohsen Rezaei: the unlikely peacemaker

09, Nov 2026

The former IRGC general was recently appointed as secretary of the Supreme National Security Council. For the US, the danger is mistaking his prominence for a willingness to deliver concessions

Alex Vatanka
Culture & Social Affairs

Five Arab novels that paint an AI-dominated future

10, Nov 2026

From machines that develop human emotions to societies governed by artificial intelligence, Arab novelists explore the promises and perils of a radically transformed future

Ibrahim Adel

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OPINIONS

US-Iran conflict: from nuclear diplomacy to all-out war

Al Majalla - London
Al Majalla - London

Misleading Middle East reporting is on the rise

Saud Al-Masaud
Saud Al-Masaud

Climate change is redrawing national borders

Alaa Emara

Five Arab novels that paint an AI-dominated future

Ibrahim Adel
Ibrahim Adel
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