Egypt's pound slid 13.5% to a record low against the dollar on Thursday as authorities announced a $3 billion International Monetary Fund deal with a commitment to a "durably flexible exchange rate…
Africa's central banks are walking a tightrope trying to curb inflation that is mostly out of their control and causing "horrifying" food insecurity, the International Monetary Fund's Africa head…
Dozens of protesters demonstrated outside the annual meetings of the International Monetary Fund and the World Bank in Washington D.C. on Thursday, expressing opposition to funding of fossil fuels…
Global recession can be avoided if governments' fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the…
Tunisia's powerful UGTT labor union has no deal with the government on reforming subsidies and publicly owned companies and will lead street protests over any "painful" changes, it said on Monday,…
Crisis-hit Lebanon hopes to adopt key reforms demanded by the International Monetary Fund for a long-delayed but urgently needed bailout before the end of next month if there is “political will”,…
There was visible warmth when the US and Syrian presidents met in the Oval Office last month, with some even speculating a Trump visit to Damascus. But there is much to do before that happens.
Following the unprecedented attacks on Qatar, Gulf leaders have pledged to forge a unified defence front, marking a historic shift from cautious neutrality to collective security
What began as a locally rooted trade in coca leaves and opium evolved into a transnational system of cartels that challenged governments, corrupted institutions, and destabilised countries
When Israel killed a Hezbollah military chief in late November, one GBU-39 bomb failed to detonate, leaving Washington worried that its adversaries could reverse engineer it
With her collection 'Con' having won Spain's 2025 National Poetry Prize, the Galician writer spoke to Al Majalla about the process of creation as she works on her first novel.