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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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Stefano Summo
Politics

Can the Houthis be defeated?

15, Oct 2026

In this week's cover story, Al Majalla examines the military balance of power on the ground, the networks through which the Houthis obtain weapons, and the foreign support they receive

Al Majalla - London
Turkish Navy's UH-60 Black Hawk (naval/S-70B variant) with T129 ATAK participate in a ceremonial parade during the Denizkurdu-I/2026 Exercise in the Eastern Mediterranean, off the coast of Aksaz, in Mugla, on 24 September 2026. ADEM ALTAN / AFP
Politics

Regional crises and tensions: the view from Ankara

20, Oct 2026

From its growing defensive support for Saudi Arabia to its escalating tensions with Israel and Azerbaijan, Türkiye has much to navigate

Omer Onhon
The Egyptian Air Force aerobatics team "Silver Stars" performs during the second international air show and aerospace expo at El Alamein International Airport in El Alamein, Egypt, on 9 September 2026. REUTERS/Amr Abdallah Dalsh
Politics

Cairo pledges to back Riyadh in its fight with the Houthis

19, Oct 2026

Their defence ties date back decades, so it is no surprise Egypt is standing by Saudi Arabia at a critical time for both countries

Amr Emam
Sara Padovan
Politics

Student protests test France's Republican promise

18, Oct 2026

Education reform is at the heart of the demonstrations shaking Paris and beyond, with thousands already arrested, but the government's ability to meet learners' demands is limited

Elie Kossaifi
Helena Perez Garcia
Profiles

Ms. Rachel, Gaza, and the power of education

13, Oct 2026

As YouTube star Accurso's influence grew, she transitioned from educator to child advocate. But it only became 'controversial' when she spoke up for Palestinian kids

Hala Al-Naji

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OPINIONS

Iraq at risk of fragmentation

Al Majalla - London
Al Majalla - London

An emboldened Iran could trigger an IS comeback

James Jeffrey
James Jeffrey

Iraq is not in danger of Balkanisation

Ayad Al-Anbar
Ayad Al-Anbar

Iraq’s Sunnis seek government checks on paramilitary forces 

Shelly Kittleson
Shelly Kittleson
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