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النسخة العربية
  • Politics
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  • Tag
  • Syrian economy

An employee piles up stacks of Syrian lira banknotes at the Commercial Bank of Syria in Damascus, on November 10, 2022. LOUAI BESHARA/AFP via Getty Images

Syria’s draft national budget for 2024 reflects the depth of its economic crisis

A big rise in spending in nominal terms says much more about the collapse of the pound than government spending power, as it continues to drop subsidies, including on fuel, deepening poverty rates

Joseph Daher 06 November 2023
Kuwait Towers, Kuwait. Shutterstock

Why privatisation is vital for the Arab world

Economic reform is key to the future of a region which needs to diversify away from dependency on oil, or a reliance on international funding. There has been both resistance and progress so far.

Amer Ziab Al-Tamimi 30 October 2023
A new report highlights the huge economic costs of the quake which ate up a third of Syria's national 2022 GDP.  Also, 6,392 were killed and 170,000 were displaced. Mari Fouz

February's catastrophic earthquake cost Syria $5.85bn in economic losses

A new report highlights how the damage caused by the quake ate up a third of Syria's national 2022 GDP. Also, 6,392 people were killed and 170,000 displaced in the catastrophe.

Rabie Nasser 05 September 2023
A Syrian man pays with Turkish lira at a gas station in the town of Sarmada in Syria's northwestern Idlib province, on June 15, 2020. (Getty)

How Turkey Gains from Economic Takeover of Syrian Regions

Turkey has been forcing people for almost a year now to trade using its local currency in different Syrian regions that lie on its southern border and are under its army’s control. Likewise, these…

Jiwan Soz 11 June 2021
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Ahmed al-Sharaa, President of the Syrian Arab Republic, and General David H. Petraeus (US Army, Ret.) speak onstage during the 2025 Concordia Annual Summit at Sheraton New York Times Square on September 22, 2025. Riccardo Savi / AFP
Politics

Sharaa gets warm UN welcome. But can he break the ice in Congress?

30 September 2025

Facing a legitimacy crisis both at home and abroad, the new Syrian administration may find that the road to full acceptance and sanctions relief will be a long one

Caroline Rose
Opinion

Why more celebrities are speaking out on Gaza

30 September 2025

Fans increasingly expect their idols to speak up on issues that matter to them and are not afraid to boycott to get their point across, meaning celebrities can no longer hide behind neutrality

Samer Abou Hawwach
A woman walks past a mural depicting late former Venezuelan President Hugo Chavez and Venezuelan President Nicolas Maduro in Caracas, Venezuela July 27, 2024. Maxwell Briceno / Reuters
Politics

From friends to foes: the unravelling of US-Venezuela ties

19 September 2025

From close military cooperation to coup attempts and now literal gunboat diplomacy under Trump, Al Majalla tracks the evolution of the relationship between Caracas and Washington over the decades

Stefanie Butendieck Hijerra
Ewan White
Business & Economy

Crypto crossroad: the Middle East faces a digital dilemma

29 September 2025

There are vastly different approaches to digital assets across the region, with some still reticent to embrace a $4tn industry

Sharif Mohammad
Supplied
Culture & Social Affairs

Artist Elias Izoli returns with an exploration of balance

29 September 2025

The Syrian painter's new exhibition shows how tragedies around the world have shaped him and his work

Mimoza Al-Arrawi

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OPINIONS

Palestinian artist breathes life and meaning into Jaffa’s shoreline shards

Houssam Marouf
Houssam Marouf

Can municipal polls help break Libya's political deadlock?

Ben Fishman and Sabina Henneberg

How Nasrallah's belief in his own myths led to his missteps

Houssam Itani
Houssam Itani

Why more states are walking away from the ICC

Sergey Eledinov
Sergey Eledinov
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