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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
Outrage over interest charges and astronomical land prices have reverberated around Kuwait Shutterstock

Taming Kuwait’s personal real estate debt

Politically motivated cries of outrage over interest charges have reverberated around the country, but official data reveal a sober picture in a country that needs lending to diversify its economy.

Amer Ziab Al-Tamimi 29 July 2024
Cryptocurrency investors still trust it as a leading way to decentralise finance Axel Rangel Garcia

Cryptocurrencies hit by volatility but investors keep the faith

Investors in the digital alternative to traditional money continue to trust Bitcoin and its rivals a leading way to decentralise finance

Abdel-Rahman Ayas 22 July 2024
Economists says the impact of war is expected to grow in the second half of 2024. Shutterstock

Israeli economy still strong (for now) despite huge Gaza war costs

A ballooning budget, a widening deficit, rising inflation, a falling currency, and a ratings agency downgrade have given some cause for concern, yet the fundamentals remain sturdy.

Sharif Mohammad 12 June 2024
Erdoğan's efforts to tame rampant inflation have only scratched the surface of its economic problems, which require deeper and more sustainable reform. So far, that appears unattainable. Ewan White

Does Erdoğan have a magic fix for Turkey's economic slump?

The president's efforts to tame rampant inflation have only scratched the surface of its economic problems, which require deeper and more sustainable reform. So far, that appears unattainable.

Sharif Mohammad 13 May 2024
Sara Gironi Carnevale

Russia’s economy has defied doomsayers–at least so far

There were dire predictions over the impact of sanctions and yet growth has increased, thanks to military spending. But there are deeper doubts over whether it can last and what lies ahead.

Nazareth Seferian 05 May 2024
The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress. Nash Weerasekera

A huge legal battle between Lebanon and its creditors looms

The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress

Salwa Baalbaki 21 April 2024
An end to the conflict is an absolute priority and a basic demand, but even if it were to come now, and the most optimistic recovery scenario played out, Gaza faces a bleak economic future Ewan White

Restoring Gaza to its pre-war state may take 70 years

An end to the conflict is an absolute priority and a basic demand, but even if it were to come now, and the most optimistic recovery scenario played out, Gaza faces a bleak economic future

Khaled Kassar 09 April 2024
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Mark Smith
Politics

Trump’s deal: repercussions in the Gulf, Iran, and Israel

18 June 2026

The MOU reached by the two warring nations forces a rethink of the Middle East's political, security, and economic landscape

Al Majalla - London
Opinion

Hormuz may reopen, but the deal is strewn with mines

21 June 2026

Perhaps Lebanon, not the nuclear file, will become the real test of the agreement's ability to survive

Ibrahim Hamidi
Al Majalla
Politics

New laws will embed Israel in US security agencies

16 June 2026

Legislation to fund the American military and intelligence services will include requirements that Israeli defence firms be involved in sensitive projects and that classified information be shared

Robert Ford
Business & Economy

Hormuz is open, but obstacles to trade still linger

22 June 2026

Even if diplomatic progress continues, the Strait could be closed again. As a result, the geopolitical risk premium attached to Gulf energy exports is unlikely to disappear entirely.

Neil Quilliam
A painting by the Egyptian artist George Bahgory from the series “Love and Football”.
George Bahgoury via Facebook
Culture & Social Affairs

Football and art: fusing a popular sport with culture

22 June 2026

Artists use paintings, sculpture, murals, and digital designs to iconise, idolise, and mythologise football culture in a language understood by all

Mimoza Al-Arrawi

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OPINIONS

The Syrian solution to Hezbollah

Al Majalla - London
Al Majalla - London

How Syria and Lebanon can cooperate to shape their collective futures

Subhi Franjieh
Subhi Franjieh

Why Trump's Syria-Hezbollah gambit could backfire

Michael Horowitz
Michael Horowitz

Why Türkiye is against Syria's army fighting Hezbollah

Omer Onhon
Omer Onhon
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