Ambition is key to recovery, but so is realism about the road ahead. Lingering sanctions, legal ambiguity, poor transparency, and weak institutions continue to deter serious investment.
The land between the Euphrates and Tigris yields oil, water, and wheat, to name but three, yet it has had no infrastructure investment for decades. As a result, it is unproductive. That could change.
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.
Maysa Sabrin joins illustrious figures such as Russia's Elvira Nabiullina, Europe's Christine Lagarde, and America's Janet Yellen, proving women heading central banks is no longer a rarity
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
War caused its GDP to fall by 86%, leaving 69% of Syrians impoverished. Regime change brings hope for an economy once one of the Middle East's strongest. This is its story and a look ahead.
Syria's deep economic reliance on Lebanon, shaped by years of conflict and international sanctions, has made regime-held areas particularly vulnerable to Lebanon's economic and political instability
The al-Assad government's embrace of the neoliberal market involves privatisation and subsidy cuts, which are causing widespread suffering and only benefitting the elite
The World Food Programme will have to pull its general assistance for the country in January, at a time when it is needed in the war-torn country more than ever
The Palestinian novelist who won the Arabic Booker Prize in 2023 from behind Israeli prison walls speaks to Al Majalla about his extraordinary life and literary journey
With nuclear know-how from Russia, weapons from America, infrastructure from China, and money from the Gulf, Egypt is making the most out of a world with many powers.
As European banks retreat, debt balloons, and price volatility spooks central banks, Morocco's national currency is increasingly being used in continental trading.
Anatolia's foundational role in early Christianity is why it is at heart of the Catholic Church's efforts to build closer ties with the Greek Orthodox Church in Istanbul