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Economic blow to European economies as Hormuz disruption threatens energy supplies
March 19th, 2026 - 10:42 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Economic blow to European economies as Hormuz disruption threatens energy supplies

ALBAWABA- A new study has warned that a near-total disruption of shipping through the Strait of Hormuz could deal a severe economic blow to European economies, as escalating Iran–Israel tensions threaten global energy flows. The research, conducted by the Supply Chain Information Institute alongside the Centre for Complexity Science and Delft University of Technology, finds that the impact would be concentrated in a small number of EU countries and would ...
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Large crowds of shoppers were seen thronging into gold shops in Dubai.
October 24th, 2019 - 11:00 GMT

Surge in Gold Shopping in UAE Ahead of Indian Occasions

The Kingdom’s “Vision 2030” plan for long-term development encompasses a variety of legal and structural reforms, the World Bank report said.
October 24th, 2019 - 10:24 GMT

World Bank: Saudi Arabia Most Improved Economy with a Total of Eight Reforms

Quantum computers might also one day lead to the development of better artificial intelligence systems to guide financial portfolios, crop yields or transportation routes.
October 24th, 2019 - 09:23 GMT

Google Claims Breakthrough in Quantum Computing

Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on "An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors" in the Rayburn House Office Building in Washington, DC on October 23, 2019.
October 24th, 2019 - 09:22 GMT

Zuckerberg Defends Facebook's Libra Before US Congress

Nike's Parker hands over CEO role to former eBay chief.
October 24th, 2019 - 09:21 GMT

eBay Former CEO Becomes Nike's CEO

The 737 Max was grounded around the world after two commercial crashes within a six-month period, revealing an issue with the plane's flight control system.
October 24th, 2019 - 09:12 GMT

Boeing 737 Max Might Return to Service in Q4 2019

The emirate amongst the top ten ‘must-visit’ cities for global visitors in the coming year.
October 24th, 2019 - 09:03 GMT

Dubai Among Cities in 'Best in Travel 2020' List

The figure posted an increase of 2.1% in October, from 55.8 in September, the Turkish Statistical Authority (TurkStat) said.
October 24th, 2019 - 07:58 GMT

Turkey: Consumer Confidence up 2.1 Percent in October

Ghosn's legal team claim the opposition to further integration of the car firms drew in even government officials from the Ministry of Economy, Trade and Industry (METI).
October 24th, 2019 - 07:24 GMT

Ghosn Urges Court to Dismiss All Cases Against Him Over Prosecutor Misconduct

The two-storeyed building had been designed and executed with a number of spaces that could be used as rooms or offices of different sizes.
October 24th, 2019 - 07:02 GMT

Dubai Unveils World's Largest 3D Printed Two-Storey Building

A major Japanese company in the entertainment industry, is planning on “launching its own office in Saudi Arabia
October 24th, 2019 - 07:00 GMT

Japan Mulls Investing in Saudi Entertainment, Tourism Sectors

Saudi Arabia has raised $3.3 billion in its first bond sale in that currency and $7.5 billion in conventional bonds in January.
October 24th, 2019 - 06:45 GMT

Saudi Debt Issuance Drops 17 Percent in October

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