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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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Pep Boatella
Politics

Al-Jawf: the key to defeating the Houthis

05, Nov 2026

The battle for this strategically important and resource-rich province tests the Yemeni army's ability to tilt the military balance in its favour

Al Majalla - London
Saudi Arabia's Defence Minister Prince Khalid bin Salman Al-Saud, Pakistan's army chief General Syed Asim Munir, and Turkey's intelligence chief Ibrahim Kalin in Tehran on 26 October 2026. IRANIAN PRESIDENCY / AFP
Politics

Pakistan’s balancing act in a fragmenting world

07, Nov 2026

Staying friends with the Turks, Chinese, Russians, Americans, Europeans, Iranians and Saudis simultaneously is a big ask for Islamabad's diplomats, but somehow they are managing it

Kaswar Klasra
Politics

Can the Democrats prevent a new round of war with Iran?

05, Nov 2026

Despite the war's unpopularity, Trump seems determined to press on until he can claim a decisive victory, whether by diplomacy, force, or a combination of the two

Aqeel Abbas
Eduardo Ramon
Profiles

Abdul El-Sayed: the progressive Michigander who beat the pro-Israel lobby

07, Aug 2026

The Egyptian-American epidemiologist became the first Muslim senator in US history, despite $70mn spent to defeat him in the Democratic primary

Tarek Rashed
French author Philippe Djianada looks out from a window at the Drouant restaurant in Paris, following his win of the French Goncourt literary prize for his novel "The Unknown Woman of Quai de Javel," on 3 November 2026. REUTERS/Christian Hartmann
Culture & Social Affairs

A novel about a murder in Paris wins the 2026 Goncourt

06, Nov 2026

French novelist Philippe Jaenada's novel 'The Unknown Woman of Quai de Javel' wins big, while the Prix Renaudot goes to François-Henri Désérable for his novel about an unlikely wine expert

Najeeb Mubarak

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OPINIONS

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

Kamal Alam
Kamal Alam

Pakistan’s balancing act in a fragmenting world

Kaswar Klasra
Kaswar Klasra

Americans care about foreign policy. Now Democrats must listen to them.

Howard W. French
Howard W. French

New Black Sea attacks raise threat of global food crisis

Abdel-Rahman Ayas
Abdel-Rahman Ayas
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