Why Islamists in the Arab world speak the language of free markets
The Middle East’s most religious politicians are often its most capitalist as well
A POLITICIAN promised to open his poor country for foreign investment and wean it off aid, while Tony Blair nodded sagely. Standard fare for Davos—except that two months earlier the politician, Asaad al-Shaibani (pictured), was a member of a jihadist group blacklisted by the UN. It was hard to imagine he would end up as Syria’s foreign minister, extolling the virtues of the free market on a mountain in Switzerland.
Explore more
This article appeared in the Middle East & Africa section of the print edition under the headline “Of Mecca and Mammon”
From the February 8th 2025 edition
Discover stories from this section and more in the list of contents
Explore the edition
Israel’s army adopts a high-stakes new strategy: more terrain
It remains present inside Syria, Lebanon, Gaza and the West Bank
The sea is swallowing an African island
In Sierra Leone, adjusting to a warmer climate is getting harder
In a dictator’s palace, Syrians debate a new constitution
Ahmed al-Sharaa will soon have to reveal how sincere he is about the new, inclusive Syria
Could political upheaval hit Jordan next?
Resurgent Islamists and chaos in the West Bank may threaten Jordan’s king
Israel and Hamas have something in common
They both want to avoid a ceasefire collapse, for a few more weeks
How to make cash in Africa’s coup belt
Mining multinationals are learning to do business with juntas