world bank | Al Majalla

The IMF and Morocco: A 65-year-old story

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.

Mohamed Sharki 09 October 2023

The venue choice is a nod to Morocco's impressive economic development and influential role as an Arab, African and Mediterranean country of growing strategic importance.

Axel Rangel Garcia

IMF and World Bank meet in Marrakech shines spotlight on regional progress and challenges

The venue choice is seen as a nod to Morocco's impressive economic development and influential role as an Arab, African and Mediterranean country of growing strategic importance.

Al Majalla - London 09 October 2023

IMF and World Bank policies are outdated and need to be reformed. They have only caused more misery and credit addiction in borrowing countries. Al Majalla explains.

Alex William

IMF and World Bank need reform to confront today's challenges

IMF and World Bank policies are outdated and need to be reformed. They have only caused more misery and credit addiction in borrowing countries. Al Majalla explains.

Khaled Kassar 09 October 2023

Are We Truly Globalized?

Globalization is an extremely ambiguous term that has been redefined and re-constructed. The champions of globalization define it as the phenomena of increasing integration and interaction among…

Saif Al Abri 13 May 2022

This file photo taken on September 24, 2020, shows the Brega oil port in Masra Brega, some 270Km west of Libya's eastern city of Benghazi. (Photo by AFP)

Libya Struggles with Self-Made Oil Crisis

In mid-April, the MENA growth forecast of the World Bank anticipated that the economies of Arab oil exporter countries “are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back…

Dalia Ziada 30 April 2022

On Tunisia’s Financial Sovereignty

The photo accompanying this text reflects the times when Tunisia, strong in its achievements and its financial reputation, held the vice presidency of the annual meetings of the IMF and the World…

Taoufik Baccar 29 April 2022

Are the Bretton Woods Institutions Apolitical or a Mere Tool of Imperialism?

The World Bank and the International Monetary Fund (IMF) are intergovernmental institutions founded in 1944 which greatly influence world development and financial order. They are also known as the…

Saif Al Abri 19 December 2021

A person scans a QR code at a bitcoin ATM on June 16, 2021 in Chiltuipan, El Salvador. Playa El Zonte has been named as the Bitcoin capital, around 500 families promote the use of the cryptocurrency to help the economy of a place with poverty issues. (Getty)

Bitcoin from Terrorism to El Salvador

World Bank has rejected El Salvador’s decision to adopt Bitcoin as legal tender, noting that it would have dire economic consequences. It refused to provide any kind of assistance for the country’s…

Hala Ahmed Nasr 21 June 2021

A picture taken on December 16, 2020 shows newly constructed towers in Riyadh, the Saudi Arabian capital and main financial hub. (Getty)

MENA Countries Must Diversify Income to Address Deficit

The World Bank has recently warned that economies of the Middle East and North Africa (MENA) region are suffering a sudden accumulation of public debt owing to challenges caused by the coronavirus …

Hatem Khedr 10 April 2021

In Memoriam: Global Economist and Spiritual Guide Jennie Ilene Litvack

Rosh Hashanah is a special festival that celebrates Jewish New Year. It literally means 'head of the year' and it is a celebration of the creation of the world and marks making a fresh start. The…

Majalla 06 September 2021

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When Israel considers its next move after Iran's retaliatory attack, it is not simply calculating the cost and benefits of a response but will also be creating a new equation for future exchanges.

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Al-Assad projects business-as-usual image as regional turmoil escalates

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From the Israeli attack on the Iranian consulate in Damascus to Iran's retaliation on Israel, the Syrian leader has been acting strangely normal. Al Majalla gives a breakdown of the past two weeks.

Manaf Saad

Opinion

Iran's direct attack on Israel resets regional power balance

17 April 2024

The unprecedented Iranian retaliation was an attempt to reestablish its deterrence and remind the region of its capabilities, which were seemingly eroded over the years.

Houssam Itani

A Sudanese family who fled conflict in Darfur sits next to their possessions while waiting to be registered at the crossing from Sudan to Chad on 26 July 2023.

Reuters

Business & Economy

Civil war drags on in Sudan, dragging the economy down with it

17 April 2024

The world remains distracted by other conflicts and crisis, but with this large African country on the brink of famine and no end in sight to the fighting, there are warnings that Sudan could splinter

Sharif Mohammad

Opinion

From strategic patience to sincere promise: Where will Iran's strike take the region?

18 April 2024

Its direct military action on Israel showed how the strategic calculus in a turbulent region has changed. Will the US try to use Iran's strike on Israel to hit back at Tehran and weaken it regionally?

Majed Kayali

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