Fighting between Iran and Israel impacted North Africa, where surging prices may disrupt budgets and plans. But for North Africa's energy exporters, higher oil prices are a reason to cheer.
1.5 billion tourists over five continents raked $11tn into the global economy in 2024, surpassing pre-COVID levels. Meanwhile, North Africa broke records as a new hot-spot destination.
Featuring the best amenities and with backing from a range of investors, the new resort is competing with cities across Europe and the Arab world for high-spending, luxury-seeking visitors
Tourism and retail usually see major spikes globally, but businesses need to be prepared to capitalise on the surge in consumerism. Al Majalla also examines the unique dynamics of MENA/GCC summers.
As the number of global leisure travellers rises to 1.8 billion, places from Venice to Machu Picchu are at risk. From visitor caps to day-tripper taxes, here is how they offset the danger.
The Kingdom wants to unlock the enormous competitive advantages it has – not least a geographical location linking three continents – to become a dynamic destination for investment
Countries such as Lebanon, Syria, Egypt, Tunisia, and Morocco have been traditional magnets for tourists in the region, but now GCC countries are becoming rising competitors
Military strategists have long warned that war should be waged only if those waging it know what they want to achieve. Herein lies a problem: Washington's war aims in Iran are incoherent.
Tehran isn't likely to easily fold if/when Trump attacks. This means that the longer a military confrontation drags out, the more untenable Washington's position becomes.
The conflict has forced Russia to scale back its global footprint and NATO to boost its defence spending. Meanwhile, China and Middle powers have emerged as key beneficiaries.
Natural resources like solar, wind, and water are set to provide 36% of global electricity production this year. Even for sceptics like Donald Trump, the trends are unmistakable.
Some point to his possible links to Mossad through his associate Ghislaine Maxwell, whose father was a known Israeli spy, and assert that he blackmailed powerful figures to exert influence
Al Majalla - London
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