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
In an interview with Al Majalla, the prominent French jurist discusses Israeli and Western duplicity, their violation of international law, and why Israel bears the cost of Gaza's reconstruction
Tehran's elite have few friends, but regional states fear the consequences of a disorderly transition. If Iran's 92 million people turn on one another, it could cause millions to flee abroad.
Going forward, the international community needs to reduce dependence on the US without upsetting the world's largest military and economic power. It will be a shaky tightrope to walk.
Scrapping foreign ownership caps and qualifying criteria will bring in more capital, with markets reacting positively to the latest reforms that build towards a more open country