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”,…
Al Majalla examines the repercussions of Hamas's attack on Israel, which set into motion a series of significant changes and power shifts in the Middle East
A rapid chain of events led to the president fleeing for his life following deadly clashes with citizens. But what happened is not uncommon for Africa. Al Majalla explains why.
Iraqi sculptor's epic wall-mounted installations evoke the destruction of Aleppo and Mosul, displayed in Beirut in the shadow of ongoing genocide in Gaza.