Estimates of reconstruction costs range up to $500bn, and most Syrians only get a few hours of electricity per day. The country's priorities are numerous and urgent, but amid the gloom, there is hope.
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
As those representing capital fly into Riyadh for the Future Investment Initiative, there are renewed opportunities in a diversifying and more sustainable Saudi economy
In a bid to strike a balance between local requirements and the rights of foreign investors, the amendments put foreign investors on an equal footing with Saudis
News of a $40bn fund in collaboration with Silicon Valley and Wall Street will places Riyadh among the leading riders in the race for dominance in an AI-driven future.
For the 112 economies that reported data, inward FDI positions rose by an average of 7.1% in national currencies. In dollar terms, this global growth figure translates to only 2.3%.rnrn
With diplomatic channels open with the three major power centres—the US, Russia, and China—Saudi Arabia continues to navigate a delicate balance between economic pragmatism and security imperatives
Al Majalla interviewed the SDF commander who shared his thinking prior to the landmark decision, which also guarantees constitutional rights for Syrian Kurds
The US is applying maximum pressure on Ukraine's president to sign over its lithium, titanium, cobalt, nickel, graphite, tantalum, niobium, beryllium, gallium, and neon gas. But in return for what?
After a hugely important deal to integrate Syria's Kurds, there is a growing realisation among myriad factions that national unity is crucial for the country's survival
The district has welcomed Arab immigrants for decades. A crossroads of cultures, smelling and tasting of home, it is also a special place in the lives of Algerian singers Warda and Rachid Taha.