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  • inflation
An aerial photograph of a part of Cairo showing the historic Amr ibn al-Aas Mosque in the city of Fustat (right), the Coptic Cairo area and the Nile Island, and Giza appears. April 28, 2023 AFP

Why buying real estate to safeguard savings is hurting Egypt's economy

As inflation soars and the currency plunges, property looks like a sound investment to Egyptians seeking to secure their savings. But this opens the economy up to more danger. Al Majalla explains.

Marcelle Nasr 03 September 2023
As the country battles inflation and the devaluation of the lira, can Erdogan pull off a miracle and get the economy back on track, as promised? Luca D'Urbino

Turkey in the throes of strong economic headwinds

As the country battles inflation and the devaluation of the lira, can Erdogan pull off a miracle and get the economy back on track, as promised?

Khaled Kassar 30 May 2023
Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar. Jamie Wignall

Egypt’s deal with the IMF comes with dramatic consequences for the economy

Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar.

Marcelle Nasr 14 February 2023
A pump jack of Wintershall DEA is pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer

Oil Rises On China Demand Hopes, U.S. Inflation in Focus

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top…

12 January 2023
India's Chemicals and Fertilizers Minister Mansukh Mandaviya, who is also Union Minister of Health and Family Welfare, gestures during his interview with Reuters at his office in New Delhi, India, July 15, 2022. REUTERS/Anushree Fadnavis

India Urges Global Companies to Help Build Fertiliser Storage

India, a leading importer of fertilisers, is seeking investment from global companies as the nation works to build storage for the crop nutrients, fertiliser minister Mansukh Mandaviya said on…

07 December 2022
A customer shops organic products at the Bio foods in a Lidl supermarket in Gattieres near Nice, France, December 2, 2022. REUTERS/Eric Gaillard/File Photo

Factbox: How Governments Are Trying To Ease Inflation Pain

Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities, and necessities. Here's how governments are…

05 December 2022
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won

Dollar Steadies After Recent Falls, Gains on Pound and Yen

The pound and Japanese yen edged off multi-month highs against the dollar on Monday as traders, investors and analysts started to speculate whether the greenback's recent bout of weakness was coming…

05 December 2022
A woman in a protective mask is seen at Andreas Grocery store after it received a delivery of fresh fruit and vegetables, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 20, 2020. REUTERS/Dylan Martinez

UK Public Sector Pay Won't Keep Up With Inflation: Transport Minister

British public-sector pay will not be able to keep up with soaring inflation, transport minister Mark Harper said on Sunday, as the country faces a wave of industrial disputes. Industrial action…

27 November 2022
Election workers make a final preparation at a polling station during Malaysia's 15th general election, in Bera, Pahang, Malaysia November 19, 2022. REUTERS/Lai Seng Sin

Malaysia Votes in General Election, Anwar Seen Leading Tight Race

Malaysians were voting on Saturday in a general election that may fail to end the recent phase of political instability in the Southeast Asian nation as polls have predicted no clear winner. The…

19 November 2022
People stroll at Mahmutpasa street, a middle-class shopping area, in Istanbul, Turkey May 6, 2022. REUTERS/Murad Sezer

Turkey's Inflation Hits 24-Year High of 85.5% After Rate Cuts

Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging…

03 November 2022
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The Saudi crown prince's interview on Fox News was packed with messages intended for his citizens, neighbouring nations, and major global powers. Reuters
Politics

The seven messages of Mohammed bin Salman

22 September 2023

The Saudi crown prince's interview on Fox News was packed with messages intended for his citizens, neighbouring nations, and major global powers.

Hesham Alghannam
The conflict over Karabakh had been the longest-running in the post-Soviet space. Al Majalla explains the origins of the conflict and how it has evolved over the decades. Majalla/Agencies
Politics

Nagorno-Karabakh's perpetual conflict shows Soviet Union still crumbling

25 September 2023

Al Majalla explains the origins and evolution of the longest-running conflict in the post-Soviet space

Anna Borshchevskaya
France’s Suez Moment has been a drawn-out one. Its influence has waxed and waned since the 1960s, but it has been on an overall downward trajectory throughout. Al Majalla explains. Majalla/Agencies
Politics

France’s African empire may have had its ‘Suez Moment’

24 September 2023

France's 'Suez Moment' has been a drawn-out one. Its influence has waxed and waned since the 1960s, but it has been on an overall downward trajectory throughout. Al Majalla explains.

Ramzy Ezzeldin Ramzy
Mazloum Abdi (Kobani), commander-in-chief of the Syrian Democratic Forces (SDF), speaks with AFP during an interview in the countryside outside the northwestern Syrian city of Hasakah. AFP
Politics

Mazloum Abdi: Syria, Iran, and Turkey 'incited' Arab tribes to attack the SDF

24 September 2023

The SDF commander rejects demands to disband his forces and tells Al Majalla in an exclusive interview that US-Russian tension east of the Euphrates is 'under control'

Ibrahim Hamidi
A woman spreads bulgur to dry in the sun after grinding it in the Lebanese southern town of Marjayoun, on July 15, 2020. AFP / JOSEPH EID
Culture & Social Affairs

Harvesting the homeland: How the Syrian bulgur season used to bring joy to villagers

24 September 2023

Syrian novelist Khaled Khalifa recalls the joy that bulgur season used to bring to his village in Syria. Now the simple pleasure is disappearing from households as a harrowing consequence of war.

Khaled Khalifa

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OPINIONS

The sun has set on Gulf handouts to MENA countries

Kawthar Zantour
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How has Merkel's warm welcome of Syrian refugees panned out?

Mohamed abi Samra
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EU countries tighten border controls amid migrant surge

Fares Garabet
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Italy-Germany spat exposes Europe's deep divisions on migration

Con Coughlin
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