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The IMF has urged Middle Eastern and North African countries to speed up the pace of economic reform as coronavirus and low oil prices take their toll.

Saudi hosts G20 talks on virus recovery, debt relief

The New Arab Staff & Agencies

Saudi hosts G20 talks on virus recovery, debt relief

G20 finance ministers and central bankers held talks aimed at spurring global recovery from a coronavirus-triggered recession.

Lebanon reels after government formation efforts collapse

The New Arab Staff & Agencies

Lebanon reels after government formation efforts collapse

Lebanon is facing a grim and uncertain future after efforts to form a new government under former prime-minister designate Mustafa Adib ...

<em>IMF</em> to monitor Sudan economic reform programme

The New Arab Staff

IMF to monitor Sudan economic reform programme

Sudan reached out to the IMF staff to monitor its reform to establish a "strong track record" of policy and reform implementation – a ...

Sam Hamad

Sisi bulldozes homes with renewed disdain for Egypt's poor

Comment: A year after the 'Palacegate' protests that saw so many incarcerated, Egypt's streets are a grim mix of apathy, fear and resentment towards the regime, writes Sam Hamad.

The New Arab Staff & Agencies

Lebanon's PM-designate vows reforms, new IMF talks

In a televised speech, Mustapha Adib said there is 'a need to form a government in record time and to begin implementing reforms immediately'.

The New Arab Staff

France presents Lebanon with reforms 'roadmap' to unlock aid

Emmanuel Macron demands a central bank audit, a new government, and early elections in Lebanon in order for it to access the foreign aid it has ...

The New Arab Staff & Agencies

Sudan PM says government has no Israel normalisation mandate

Only a Sudanese government elected after the transitional period ends in 2022 could decide whether to normalise ties with Israel, Prime Minister ...

Algeria chafes against EU trade deal as deadline looms

The New Arab Staff & Agencies

Algeria chafes against EU trade deal as deadline looms

As a deadline for a trade deal between Algeria and the European Union looms, concerns have been raised over its impact on the country's economic ...

The New Arab Staff & Agencies

Algeria turns to Islamic finance to prop up economy

Algeria has launched Islamic finance product s to attract more money, but bankers warn it isn't enough to fix the country's economy.

Rabaa wasn't just a coup, but a totalitarian beginning

Sam Hamad

Rabaa wasn't just a coup, but a totalitarian beginning

Comment: Seven years after the massacre, it's clear that the violence at Rabaa marked the dawn of a new era ruled by fear and state control, ...

World pledges direct aid to Lebanon's people, bypassing government

The New Arab Staff & Agencies

World pledges direct aid to Lebanon's people, bypassing government

World leaders pledged more than 250 million euros for disaster-struck Lebanon, conference host France said, with the emergency aid to be ...

Macron urges speedy global response to Lebanon disaster

The New Arab Staff & Agencies

Macron urges speedy global response to Lebanon disaster

Emmanuel Macron hosted Donald Trump and other world leaders for the virtual conference to drum up aid for Lebanon.

Algeria economy rocked by one-two punch

The New Arab Staff & Agencies

Algeria economy rocked by one-two punch

Coronavirus and tumbling oil revenues have affected Algeria's economy.

The New Arab Staff & Agencies

US says sending $15 million in aid to Lebanon

The United States said it would be sending an immediate $15 million worth of humanitarian assistance to Lebanon.

The New Arab Staff & Agencies

IMF urges Lebanon to break reform 'impasse' after blast

Talks with the IMF this year have so far failed to yield promises of reform from Lebanon's government.

Austin Bodetti

Islam and eco-theology: The future of environmentalism

Eco-theology has the potential to reshape environmental protection in the Middle East.

The New Arab Staff & Agencies

Often on brink, Lebanon headed toward collapse

Lebanon is hurtling toward a tipping point at an alarming speed, driven by financial ruin, collapsing institutions, hyperinflation and rapidly ...

To fix Arab societies, just listen to Arab citizens

Rami G. Khouri

To fix Arab societies, just listen to Arab citizens

Comment: International actors like the UN who want to help should listen more earnestly to what Arab men, women, and desperate youth have been ...

The New Arab Staff

Saudi Arabia posts $29 billion losses for second quarter

The kingdom has recorded big losses for the second quarter of 2020.

Lebanon's alliance with the US has run its course

Michal Kranz

Lebanon's alliance with the US has run its course

Comment: Unless the US takes serious steps to repair the relationship, there will be few incentives left for the Lebanese to keep the alliance ...

Lebanese party leader blames Hezbollah, allies for crisis

The New Arab Staff & Agencies

Lebanese party leader blames Hezbollah, allies for crisis

Samir Geagea warned the alliance between of Hezbollah and Aoun's party had "brought Lebanon to where it is".

Oligarchs crashed the economy, Lebanese are paying the price

Nizar Hassan

Oligarchs crashed the economy, Lebanese are paying the price

Comment: Lebanon's oligarchs have avoided taking necessary action, sabotaged IMF negotiations, and are now seeking an impossible ...

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