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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 country’s politically sensitive trade surplus with the United States contracted by 16.5% from a year earlier but stood at $25.9 billion.
October 15th, 2019 - 07:09 GMT

China's Trade With US Plummets by Double Digits

The concept of a circular carbon economy offers a new way of approaching climate goals that values all options and encourages all efforts to mitigate greenhouse gas emissions.
October 15th, 2019 - 06:38 GMT

Aramco: Net Zero Greenhouse Gas Emission Is Our Target

Google has banned Play Store apps with 'deceptive or harmful' personal loans where the annual percentage rate was 36 per cent or higher, such as many payday loans.
October 15th, 2019 - 06:22 GMT

Google Bans Harmful Apps From Play Store

The iPhone SE 2 will not get the 3D Touch feature, which the company has already removed from the iPhone 11.
October 15th, 2019 - 06:05 GMT

Cheaper Apple iPhone Expected to Launch in 2020

Job vacancies were available in more than 75 factories and plants in various industrial sectors and across the Lebanese regions.
October 14th, 2019 - 01:00 GMT

Lebanon: 3,850 Job Vacancies in the Industrial Sector

The currency has fallen nearly 12% so far this year
October 14th, 2019 - 12:30 GMT

Turkish Lira Slips After Trump’s Sanctions Threat

In September, the volume of mortgage transactions reached 106 with a total value of more than QR502 million.
October 14th, 2019 - 11:30 GMT

Real Estate Transactions in Qatar Top QR1.46 Billion in September

The discovery comes as the United States has been applying a campaign of "maximum pressure" on Iran.
October 14th, 2019 - 11:22 GMT

Iran Discovers Natural Gas Field Worth $40 Billion

Russia is a promising destination for Emirati investments
October 14th, 2019 - 11:00 GMT

UAE,Russia Non-Oil Trade Exceeds $14 Billion Over the Past Five Years

With the end of the financial year approaching, companies in Oman will be required to hold their first annual general meetings (“AGMs”) in line with the New CCL.
October 14th, 2019 - 10:38 GMT

Steps and Requirements for Holding Annual General Meetings Under the New Omani Commercial Companies Law

Once completed, the city will contribute the annual income of up to SR22 billion to GDP.
October 14th, 2019 - 10:30 GMT

Aramco Aims to Reach 90 Percent Saudization by 2020

Russia has attempted to reduce its exposure to the US through a “de-dollarization” policy to offset the impact of US sanctions.
October 14th, 2019 - 10:00 GMT

Russia Is Looking for Ways to Substitute Dollars for Euros, Roubles

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