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Al Majalla

When the international debt mountain threatens to collapse

With public and private liabilities worldwide estimated at a staggering $353tn and with many gearing up to borrow more, all agree that there is a problem, but few agree on how to solve it

Mohamed Sharki 14 September 2026
The crisis of expensive Eid sacrifices requires different public spending priorities to support agricultural and livestock production as a matter of national security. Lina Jaradat

How inflation and politics drove up Eid sacrifices costs in Egypt

Rising prices, dollar pressures, and Red Sea disruption are making Eid al-Adha increasingly unaffordable, exposing Egypt's dependence on imports and deepening concerns over food security

Marcelle Nasr 27 May 2026
Eduardo Ramon

What the new US Fed chair could do differently

Jerome Powell's successor, Kevin Warsh, takes the reins at a critical fiscal moment, as inflationary pressures caused by the US war on Iran begin to take effect worldwide.

Toufic Chanbour 14 May 2026
Julian D. Paulsen

Tight squeeze: economic effects of Iran war linger despite truce

A two-week truce has sparked a cautious market rebound, but deep anxiety persists over renewed escalation and its impact on global growth and inflation

Abdulfattah Khattab 14 April 2026
Lina Jaradat

Choke point: how the Iran war is stifling global energy markets

A US-Israeli attack on Iran has turned into a regional war, sending Brent crude prices over $100 a barrel, and throwing shipping, inflation, and monetary policy into turmoil

Abdulfattah Khattab 14 March 2026
Al Majalla

Egypt’s economy: 2025 tests and 2026 bets

Debt is colossal but there are promising indicators, not least in inflation, legal reforms, the sale of government assets, and monetary stability. Will these green shoots be allowed to grow and bloom?

Marcelle Nasr 10 January 2026
A customer receives the new $5 ZiG, short for Zimbabwe Gold, coins as change from a cashier in a leading supermarket in Harare on April 30, 2024. Jekesai NJIKIZANA / AFP

Perception and price inflation: two sides of the same coin

Psychology shapes economic behaviour, with effects as wide-ranging as a run on a bank to a long-term investment. Today, the value of money rests as much on public belief as on policy.

Abdel-Rahman Ayas 06 October 2025
Emergency workers check the damage caused to a building from an Iranian missile strike in Beersheba in southern Israel on June 24, 2025. John Wessels / AFP

Counting the cost of the Israel-Iran war

The recent Israel-Iran war is not just a regional flashpoint; it is a mirror reflecting the fragility and interdependence of the modern global economy

Abdel-Rahman Ayas 25 June 2025
Former Tunisian Minister of Finance, Siham Al-Boughdiri Namsia, presents the state’s general budget for 2022, Tunisia, December 28, 2021.
 AFP

Tunisia's 'IMF shadow' disappears with Nemsia's sacking

The unexplained dismissal of the finance minister leaves more questions than answers as the highly indebted country seeks to avoid a 2025 default

Kawthar Zantour 26 February 2025
Parents who can afford it are increasingly forking out money for private lessons for their children to compensate for Egypt's deteriorating education system. Eduardo Ramon

Quality education falls out of reach for many Egyptians

With record increases in tuition fees at all levels, good schooling is becoming something only the rich can afford as the effects of the country's economic liberalisation reverberate

Marcelle Nasr 23 September 2024
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Pete Reynolds
Politics

Israel’s election may not end its political crisis

26, Oct 2026

With a complex election setup and the deep polarisation that has plagued Israel in recent years, expect prolonged political deadlock

Michael Horowitz
Russian President Vladimir Putin greets Rwanda's Prime Minister Justin Nsengiyumva during a welcoming ceremony for participants of the Russia-Africa Summit in Moscow, Russia, on 28 October 2026. Igor Ivanko/REUTERS
Business & Economy

Russia-Africa summit: ambitions and challenges

29, Oct 2026

Amid competition for influence and resources, Russia knows that Africa is a market with potential. For African states, Russian companies are still of interest, but the value equation needs to change

Rana Freifer
Al Majalla
Politics

Lula defies Latin America’s pro-Trump wave

28, Oct 2026

Brazil's left-wing president won a historic fourth term in office

Catherine Osborn
Anne-Claire Legendre, the newly appointed president of the Institut du monde arabe, poses for a portrait at the institute’s headquarters in Paris, on 18 February, 2026 AFP
Culture & Social Affairs

Anne-Claire Legendre’s vision for the Institut du monde arabe

29, Oct 2026

As the institute approaches its 40th anniversary, its president outlines a new vision for cultural collaboration between the Arab world and Europe

Elie Kossaifi
President Masoud Pezeshkian (R) greeting Afghanistan's Foreign Minister Amir Khan Muttaqi (R), in Tehran on 18 May 2025. Iranian Presidency / AFP
Politics

Afghanistan: Iran's strategic depth card in Central Asia

28, Oct 2026

Once nurtured by Pakistan, the Taliban now works closely with Iran, much to the delight of Russia and China

Kamal Alam

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OPINIONS

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The port of Assab and the risk of an Ethiopia-Eritrea war

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To end polio, we must reach the children still being missed

Ziad Memish and Jamal Ahmed
Ziad Memish and Jamal Ahmed
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