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”,…
Trump elevates Saudi Arabia to 'major non-NATO ally' status, but bigger issues of normalisation with Israel and a binding security treaty need more time. Nonetheless, this is a huge step forward.
The Palestinian novelist who won the Arabic Booker Prize in 2023 from behind Israeli prison walls speaks to Al Majalla about his extraordinary life and literary journey
Policymakers' main worry ahead of Rachel Reeves' announcements this week centred on the reaction of the bond markets. So far, they have received a cautious welcome.
Prominent conservative journalists and politicians have broken ranks to call out Israeli crimes against Arab Christians. The effects continue to ripple through Donald Trump's support base.