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57749

US-Iran war shakes Gulf markets

Certain sectors have been hit hard by the impact of Iran's missiles and drones, but regional economies have also shown a degree of resilience.

Amer Ziab Al-Tamimi 13 March 2026
Central Bank of Kuwait
 Shutterstock

Kuwait's budget deficit shrinks without public spending cuts

Cost-cutting measures, along with improved non-oil revenues, reduced the deficit by 32.4%. Al Majalla gives a detailed breakdown.

Amer Ziab Al-Tamimi 22 September 2025
Emir of Kuwait Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah at the 45th meeting of the Gulf Cooperation Council in Kuwait City on December 1, 2024.
 AFP

Kuwait reforms bear fruit after decades of political deadlock

Al Majalla outlines the country's most significant institutional and political transformations and their implications for the future

Khalaf Al-Duwai 17 August 2025
The Kuwait City skyline
 Reuters

Kuwait’s administrative reboot: quiet reforms, real results

By focusing on the nuts and bolts of administration, such as licensing, regulation and digital access, it is laying the foundations for a more dynamic and inclusive economy

Neil Quilliam 12 August 2025
Kuwaiti military helicopters perform during an airshow to mark the country's 63rd Independence Day celebrations in Kuwait City on February 26, 2024. YASSER AL-ZAYYAT / AFP

At 64, Kuwait still faces many of the same challenges

As Kuwait marks its National Day, it continues to grapple with the lingering effects of past crises while confronting new economic, political, and security challenges

Amer Ziab Al-Tamimi 25 February 2025
Outrage over interest charges and astronomical land prices have reverberated around Kuwait Shutterstock

Taming Kuwait’s personal real estate debt

Politically motivated cries of outrage over interest charges have reverberated around the country, but official data reveal a sober picture in a country that needs lending to diversify its economy.

Amer Ziab Al-Tamimi 29 July 2024
Lina Jaradat

Depleting funds highlight Kuwait's oil dependency dilemma

Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.

Amer Ziab Al-Tamimi 08 July 2024
A handout picture provided by Energy giant Saudi Aramco, Saudi Arabia's state-owned oil and gas company, shows its rigs in HSBH field north of Dhahran in the eastern province of Saudi Arabia on March 20, 2018. AFP

National oil companies: Why some thrive and others struggle

Al Majalla looks at the different experiences of oil companies in the Arab world and explains why some succeeded and others struggled

Amer Ziab Al-Tamimi 11 February 2024
The late Emir during his attendance at the twentieth session of the Arab Inter-Parliamentary Union Conference in Kuwait City in 2014 AFP

Nawaf Al-Ahmad Al-Sabah, 86, dies: The 'Prince of Humility and Amnesty'

A 40-day official mourning period was declared and the Crown Prince, Sheikh Meshal, ascended to the position of the Emir of Kuwait

Al Majalla - London 16 December 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
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Axel Rangel Garcia
Politics

Why a cornered Iran is also a problem for China

02 May 2026

Even when appeals to open the Hormuz Strait come from a close ally like Beijing, they fall on deaf ears in Tehran. But hope is not yet lost.

Xiaotong Yang
Sara Padovan
Business & Economy

Global airfares soar amid ongoing US-Iran turmoil

04 May 2026

Airspace closures, rising fuel costs, shifting flight maps and delayed aircraft deliveries have repriced flights around the world, with some travel routes hit worse than others

Abdel-Rahman Ayas
A man holds a flag featuring the late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini, the late Supreme Leader of Iran Ali Khamenei and the new leader, Mojtaba Khamenei, at a rally in Tehran on 29 April 2026. Majid Asgaripour / Reuters
Politics

Real Iran splits and the myth of division

04 May 2026

The argument is over the price and presentation, not the basic instinct to preserve the system

Alex Vatanka
A Lebanese guard stands in front of  Magen Abraham, the last Jewish synagogue in Lebanon at Wadi Abou Jmil, Beirut's former Jewish neighbourhood, in the war-devastated city centre. JOSEPH BARRAK / AFP
Culture & Social Affairs

New book recalls Beirut’s once-vibrant Jewish quarter

01 May 2026

Veteran Lebanese journalist Nada Abdelsamad transports readers back to the time when Beirut's Jewish quarter, known at the time as Wadi al-Yahud, was thriving

Abdul Rahman Mazhar Halloush
Turkish fighter jets fly over a warship in Kyrenia, in the self-declared Turkish Republic of Northern Cyprus. AFP
Politics

How the Iran war changed Türkiye’s security calculus

05 May 2026

Ankara's national security priority is no longer Kurds or Gülenists, but Israel. Likewise, in Tel Aviv, Türkiye is increasingly seen as a future Israeli adversary. Both are preparing accordingly

Rustum Mahmud

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OPINIONS

Pedro Sánchez: the Spanish PM putting Palestine front and centre

Stefanie Butendieck Hijerra
Stefanie Butendieck Hijerra

The US-Iran war has forced a global trade rethink

Abdulfattah Khattab
Abdulfattah Khattab

Four men and a world in flux

Ibrahim Hamidi
Ibrahim Hamidi

Tracking apps offer unfiltered view into the US-Iran conflict

Marco Mossad
Marco Mossad
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