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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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The millers’ decision to hold a strike on Monday as extortion of the Lebanese citizens.
October 16th, 2019 - 06:35 GMT

Bakeries Suspend Strike After Promises to Resolve Dollar Crisis in Lebanon

IMF forecast Egypt’s current account deficit would widen to 2.8% of GDP this fiscal year.
October 16th, 2019 - 06:00 GMT

IMF: Egypt’s Economy to Grow 5.9 Percent In Year to End of June

Applicants hoping to give their careers a flying start can walk in with an up-to-date curriculum vitae (CV) in English, and a recent photograph.
October 15th, 2019 - 11:19 GMT

Emirates Is Looking for Cabin Crew Candidates in Oman

The Facebook-owned messenger app's 'Dark Theme' will convert the app colour scheme to "blue night" colours.
October 15th, 2019 - 11:13 GMT

WhatsApp to Roll out 'Dark Mode' Feature Soon

Tourism revenues in the January-September period of 2018 stood at some $4 billion, the CBJ noted.
October 15th, 2019 - 10:59 GMT

Jordan: Tourism Revenues Soar 9 Percent, Hit $4.4 Billion

The UAE Central Bank cut its key interest rate in August for the second time in 2019, in response to a similar move by the United States Federal Reserve.
October 15th, 2019 - 10:55 GMT

UAE Banks Invest $2.8 Billion in Bonds Over 8 months

Abu Dhabi’s gross yields averaged 7.4 per cent, for apartments at 7.7 per cent and villas with 6.6 per cent.
October 15th, 2019 - 10:34 GMT

Abu Dhabi's Residential Capital Values Fall 12.6 Percent

While trade with Russia reached Dh7.38 billion in 2017, in the first six months of 2019 it reached Dh4.55 billion.
October 15th, 2019 - 10:07 GMT

Dubai-Russia Trade Soars to $2.5 Billion in 2018

The deal is expected to close early next year, subject to regulatory approvals and closing conditions, said the statement from Aramco.
October 15th, 2019 - 09:55 GMT

Saudi Aramco Inks 9 MoUs With Russian Firms

The survey covers buildings which profoundly enhanced the cities in which they are located or greatly influenced the practice of designing tall buildings.
October 15th, 2019 - 09:44 GMT

6 GCC Skyscrapers Among World's 50 Most Influential Skyscrapers

The US said it would impose a 10 per cent tax on European jetliners following a World Trade Organization (WTO) ruling that Airbus benefited from illegal state aid.
October 15th, 2019 - 09:34 GMT

Global Aviation Sector Projected to Take off Next Year

Scimago Institutions Rankings, a science evaluation source to assess worldwide universities and research-focused institutions, released the data of the Middle-Eastern countries' ranking in 2017.
October 15th, 2019 - 07:16 GMT

Iranian Scientists Build Aircraft Glass Using Nanotechnology

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