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Central Bank of Egypt's headquarters is seen in downtown Cairo, Egypt, June 7, 2017. REUTERS/Mohamed Abd El Ghany

Egypt's Currency Slides as IMF Deal Triggers New FX Regime

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…

27 October 2022
A street trader arranges fresh vegetables and fruit on a street in Pietermaritzburg, South Africa May 21, 2017. REUTERS/Rogan Ward

Global Inflation Causing 'Horrifying' Food Insecurity, Says IMF Africa Head

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…

14 October 2022
Representative Image Image Credit: ANI

Protesters Outside IMF, World Bank Meeting Venues Demand Urgent Climate Action

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…

13 October 2022
The International Monetary Fund Managing Director, Kristalina Georgieva, speaks at a conference in Riyadh, Saudi Arabia, October 3, 2022. REUTERS/Ahmed Yosri

Global Recession Can Be Avoided With Right Fiscal Policies -IMF's Georgieva

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…

03 October 2022
A customer stands in front of empty shelves for some coffee products inside a supermarket in Tunis, Tunisia September 3, 2022. REUTERS/Jihed Abidellaoui/File Photo

Tunisian Labour Union Warns of Strikes As IMF Talks Loom

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,…

03 October 2022
Lebanese caretaker Minister of Economy and Trade Amin Salam speaks during a press conference after his meeting with a delegation from the International Monetary Fund, in Beirut, Lebanon, Tuesday, Sept. 20, 2022. Salam said crisis-hit Lebanon hopes to adopt key reforms demanded by the International Monetary Fund for a bailout including banking restructuring and banking secrecy laws before the end of next month if there is "political will." (AP Photo/Bilal Hussein)

Lebanon Aims To Adopt Long-Delayed IMF Reforms in October

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”,…

AP 20 September 2022
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Saudi Crown Prince Mohammed bin Salman and US President Donald Trump at the White House, Washington, on 18 November 2025.
 SPA
Politics

Saudi Arabia scores ally upgrade in Washington

19 November 2025

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.

Abdullah F. Alrebh
Al Majalla
Business & Economy

From oil to AI: a century of Saudi-US partnership

17 November 2025

The Saudi-US alliance is entering a new phase—one characterised by maturity, equilibrium, and a shared vision attuned to a world increasingly shaped by technology

Omar Harkous
Al Majalla's Editor-in-Chief Ibrahim Hamidi interviews Syrian Foreign Minister Asaad al-Shaibani on 13 November 2025. Axel Rangel Garcia
Politics

Asaad al-Shaibani on how Syria untangled its Russian knot

18 November 2025

In Part 1 of a two-part interview with Al Majalla, Syria's foreign minister explains how the Assad regime fell and how President Ahmed al-Sharaa went from a wanted man to a world leader

Ibrahim Hamidi
Opinion

A new Ukraine peace plan surfaces out of the blue

20 November 2025

Kyiv looks to be under renewed pressure amid reports that Russia and the US have been secretly drafting a 28-point peace plan to put an end to the conflict

Con Coughlin
A still from the film Neon
Culture & Social Affairs

'It Was Just An Accident' takes on the morality of revenge

19 November 2025

Acclaimed Iranian director Jafar Panahi tells the story of a group of ordinary people, all tortured by the same man, grappling with whether or not to take justice into their own hands

Maram Abou Hawach

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OPINIONS

'It Was Just An Accident' takes on the morality of revenge

Maram Abou Hawach
Maram Abou Hawach

Asaad al-Shaibani on how Syria untangled its Russian knot

Ibrahim Hamidi
Ibrahim Hamidi

US-Saudi Investment Forum takes economic ties to greater heights

Abdullah F. Alrebh
Abdullah F. Alrebh

A new Ukraine peace plan surfaces out of the blue

Con Coughlin
Con Coughlin
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