global economy | Al Majalla

A Palestinian inspects the ruins of the destroyed Sheikh Zayed Mosque following Israeli air strikes on the northern Gaza Strip, November 4, 2023. More than ten thousand Palestinians were killed.

Global economic decline likely as Gaza war rages on

The Western and European media machine, distorting the Gaza war and demonising Muslims, will only contribute to a decline in investor moods and a dive in the global economy.

Mohamed Sharki 24 November 2023

While the human toll of the war has been insufferable, the economic repercussions are also devastating and may be irreversible.

Sebastien Thibault

The economic impact of Israel's war on Gaza

While the human toll of the war has been insufferable, the economic repercussions are also devastating and may be irreversible.

Karen E. Young 13 November 2023

Diana Estefana Rubio

Global debt offsets economic growth

The global debt burden decreased for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update of the International Monetary Fund’s…

Al Majalla - London 11 October 2023

International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends a news conference following a meeting at the Federal Chancellery in Berlin, Germany November 29, 2022. REUTERS/Michele Tantussi

Global Economy Faces Tougher year in 2023, IMF's Georgieva Warns

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe, and China - all experience weakening activity, the head of the…

02 January 2023

An electric bus is seen on the street in Oslo, Norway, October 12, 2022. REUTERS/Victoria Klesty/File Photo

Countries Set Out 12-mth Plan To Speed Up Industry Emission Cuts

Countries representing more than half of the global economy on Friday specified the steps they will take to help accelerate the low-carbon transition by cutting emissions in sectors including power,…

10 November 2022

- E-invoicing is a reformative step in taxation, opening a new horizon of digitalization, raising the standards of sustainable collection and reducing compliance problems.

Saudi Arabia Fights Tax Evasion with More Digitalization

Tax evasion and avoidance are a couple of vital threats to the global economy. Compliance and collection are two constant challenges for the tax system. Saudi Arabia is no exception. The Kingdom…

Motasem Al Felou 10 December 2021

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Peacemaker or evil genius? Kissinger’s mixed legacy in the Middle East

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Henry Kissinger will be remembered for his controversial legacy in the Middle East

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Iraqis hold a mass rally supporting the Palestinians in the Gaza Strip on Friday, Oct. 13, 2023., in Baghdad

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Gaza war poses political dilemma for Iraq

20 November 2023

The prime minister in Baghdad must deal with the demands of the US, Iran and armed groups at home, while trying to prioritise his own national interests. Here's a three-option plan on how he can.

Ayad Al-Anbar