Debt is colossal but there are promising indicators, not least in inflation, legal reforms, the sale of government assets, and monetary stability. Will these green shoots be allowed to grow and bloom?
There are positives within the latest review of Cairo's progress toward a further $1.3bn financial lifeline, but they come amid deepening economic problems at home, where the cost of living is rising
The Egyptian Pound is weak, and the country is losing income from Houthi missiles, causing ships to avoid the Suez Canal. The timing is bad, as Cairo asks the IMF for $750mn in loans.
Looming elections and populist politics seem to be behind the impasse over talks to agree reforms to unlock much-needed funds. Tunisia's credibility is being hurt by divisions within the government.
The IMF's stark failure to warn of a looming crisis in Lebanon reveals why it has long been controversial, alongside the characteristic shortcomings as the lender of last resort
Egypt, the world's second-largest IMF borrower, has managed to reach several agreements, yet failed to achieve reform goals in the process. Now, Egyptians are bearing the brunt.
Marrakech is hosting the annual meetings of the Bretton Woods institutions in October. This is after being unable to convene in Morocco in 2021 due to the COVID-19 pandemic.
The International Monetary Fund is not expected to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting that concerns about an oil price spike had…
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe, and China - all experience weakening activity, the head of the…
Egypt on Thursday lifted a key restriction on imports and approved a list of economic activities the government would leave to the private sector, in an effort to meet two key conditions attached to…
A military expert writes about new weaponry on the battlefield that could tip the balance of power away from the Houthis, while also highlighting the challenges
Al Majalla reveals the structure of Syria's nuclear programme 19 years after Israel bombed the Al-Kibar reactor, detailing the involvement of other states and the assassinations that followed
A critical mineral found on Japan's seabed has caught US attention, and the two are teaming up to see whether it can yield future benefits and reduce their dependence on China
Thousands of Muslim volunteers flocked to Afghanistan in 1979 to fight the Soviets in response to a rallying cry, aided by the largest covert operation in CIA history
The renowned American actress tells Al Majalla about her gnawing drive for justice at the Venice Film Festival, where her new film 'Echo Chamber' premiered