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  • Economy

An Iranian 5,000 Rial note. Sky-high inflation is still causing lots of problems, despite growth figures being buoyed by oil. Shutterstock

Tehran's press mourns Iran's economy... with worse to come

High inflation and low productivity are but two of the concerns being voiced by Iranian media outlets about the state of the country's economy, as it enters a new year.

Hanan Azizi 02 April 2024
European Commission President Ursula von der Leyen and Egypt's President Abdel Fattah el-Sisi show signed declarations after their summit with the leaders of Austria, Belgium, Cyprus, Greece, and Italy in Cairo on 17 March, 2024. AFP

Why so generous? Lifting the veil on Europe's aid package to Egypt

With an economy in decline, a growing population and a growing refugee community, Egypt can be the source of the next migration wave into Europe. This package aims to stave off this 'threat'.

Amr Emam 21 March 2024
The French Navy's bagpipe band Pagad Lan Bihu plays at the Pyramids of Giza in 2020. AFP

Egyptians cautiously hopeful following IMF deal

Egypt's Central Bank is betting on economic resilience while also navigating an array of challenges

Marcelle Nasr 08 March 2024
This picture taken on April 15, 2019 shows a sumo wrestler taking part in a "honozumo," a ceremonial sumo exhibition, on the grounds of Yasukuni Shrine in Tokyo. AFP

Japan not in great shape as it reels from economic challenges

Japan, the third-strongest global economic power for over a decade, has been surpassed by Germany. It grapples with inflation, sluggish consumerism and demographic decline.

Abdel-Rahman Ayas 07 March 2024
Diana Estefanía Rubio

Russia's economy reels under war and sanctions

The Russian economy witnessed considerable economic strain following Russia’s invasion of Ukraine and the imposition of sanctions by the United States and its partners.This led to a contraction of…

Al Majalla - London 27 February 2024
Is the Russian bear right to be bullish on its economy? The answer is not straightforward. Laura Salafia

After two years of war, can Russia be bullish on its economy?

Despite sanctions, a brain drain, investor withdrawal, inflation, high interest rates, falling oil prices and reducing reserves, Vladimir Putin thinks Russia's economy is A-grade. Is it?

Nazareth Seferian 22 February 2024
El-Dabaa is Egypt’s first nuclear power plant. Egyptian Nuclear Power Plants Authority

Dabaa nuclear power plant puts Egypt on the global clean energy map

The revival of a long-shelved plan highlights Egypt's ambition for a secure, low-carbon source of power also capable of driving development and growth.

Marcelle Nasr 19 February 2024
Despite its ideal geography, the Arab Maghreb Union missed out on tens of billions due to political spats. Al Majalla looks at its highs and lows on its 35th anniversary. Nash Weerasekera

Sink or swim: Can the AMU overcome rifts to realise its massive potential?

Despite its ideal geography, the Arab Maghreb Union missed out on tens of billions due to political spats. Al Majalla looks at its highs and lows on its 35th anniversary.

Mohamed Sharki 16 February 2024
As the world moves away from oil, the region must move its national economies into a new era. But for most states, their starting position is far from ideal. Where and how should they change? Axel Rangel Garcia

Multiple crises in Arab world make economic recovery difficult

As the world moves away from oil, the region must move its national economies into a new era. But for most states, their starting position is far from ideal. Where and how should they change?

Amer Ziab Al-Tamimi 30 January 2024
Banque Franco-Tunisienne (BFT) Reuters

How the international dispute over Tunisia’s first bank failure ended in drama

A high-profile businessman seeking billions of dollars after a botched deal over the famous BFT bank was awarded a tiny fraction by an international panel, in a case with consequences for the country

Kawthar Zantour 31 December 2023
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In this image, taken from a video provided by the Russian Defence Ministry Press Service on 21 May 2026, a Russian navy seaman takes part in drills of Russia's nuclear forces. Russian Defence Ministry Press Service/AP
Politics

Russia’s timely reminder of its vast nuclear arsenal

03 June 2026

Military exercises in Belarus at an unusual time of year seem designed in part to make Moscow's adversaries think twice

Khattar Abu Diab
Opinion

Has Trump's patience with Netanyahu run out?

04 June 2026

The Israeli leader's intransigence is proving deeply problematic for the White House, so much so that Trump swore at him on a recent phone call

Con Coughlin
Units of Moqtada Sadr's militia parade with his photo down a main street of the Shiite stronghold of Sadr City June 21, 2014, in Eastern Baghdad. Washington Post
Politics

Sadr once again dismantles his armed militia. Why now?

03 June 2026

The decision to dismantle the Peace Brigades may herald a new stage in the Iraqi state's trajectory, or it could just be a shrewd recalibration to disorient friend and foe alike

Khairuldeen Al Makhzoomi
Adrián Astorgano
Business & Economy

Why people flock to the dollar when local currencies collapse

05 June 2026

An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.

Abdel-Rahman Ayas
A Royal Caribbean cruise sails into the Havana harbour on 6 May 2019, after the activation of Chapter III of the Helms-Burton Act, which sought to intensify the US blockade against Cuba. YAMIL LAGE / AFP
Politics

Cuba, lawfare, and Trump’s Venezuela temptation

02 June 2026

A new American legal ruling turns the screw on the Caribbean island nation by increasing the risks companies face by continuing to make money there. This is all part of the plan.

Stefanie Butendieck Hijerra

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OPINIONS

How Israel and Iran came back to the brink

Michael Horowitz
Michael Horowitz

Preventing Syria's descent into violence is a collective responsibility

Alia Mansour
Alia Mansour

Has FIFA oversold the World Cup's economic promise? 

Abdulfattah Khattab
Abdulfattah Khattab

Ethiopia’s psychological campaign for Red Sea access

Amr Emam
Amr Emam
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