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.
There is suppressed anger within Hezbollah's support base over delayed compensation, with the party now suggesting that the onus rests with the Lebanese state
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.
After dramatic action from the central bank, an $8bn IMF loan and a $35bn development deal, Cairo aims to bounce back in the new year, but faces both familiar and new problems first
The move toward sharia-compliant sovereign financing is designed to ease liquidity and draw cash back into the formal banking system. If it works, Algeria could become a major player in the industry
While financial obligations outlive regimes, Damascus may be able to show that some of the $7.6bn in loans from Tehran was spent repressing the Syrian people—and that Iran knew about it
Like Saudi Arabia, Gulf states should update their investment laws to help incentivise FDI, which is crucial to developing key sectors in their economies
Netanyahu did not realise his goal of ending Iran's nuclear programme and regime change, and Iran stood alone in its war with Israel, as global and regional allies left it to fend for itself
For decades, Iran's supreme leader—first Khomeini, then Khamenei—pursued a strategy of backing regional militias to fight Israel, but with the 'resistance axis' in tatters, Iran is left to fight alone