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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 minister said that arguments regarding the dollar exchange rate were invalid.
October 13th, 2019 - 11:00 GMT

Lebanon to Witness Another Strike, This Time It Comes Fresh From Bakeries

Kingdom’s support to the telecommunications sector has contributed to the development and growth of this sector
October 13th, 2019 - 10:00 GMT

Saudi Arabia to Launch 5G Corporate Services in Early 2020

It could take up to five weeks to commit the agreement to paper
October 13th, 2019 - 09:30 GMT

US, China Agree to “Phase One” of Trade Pact

Iran can experience its first positive economic growth in next year
October 13th, 2019 - 09:00 GMT

World Bank: Iran to Move Out of Recession in 2020

There is a new focus on people to people connect between the two countries
October 13th, 2019 - 08:30 GMT

China, India Agree to Set Up New Mechanism for Trade, Investment

The future of Qatari-Malaysian cooperation is promising in light of the economic potential of both countries
October 13th, 2019 - 08:00 GMT

Malaysia Attracts Qatari Investments in Vital Economic Fields

Libra's supporters say it could open online purchasing to millions of people who do not have access to bank accounts
October 13th, 2019 - 07:30 GMT

Mastercard, Visa and eBay Bow Out of Facebook’s Libra Plans

Russia really wants to be a great partner of the UAE
October 13th, 2019 - 07:00 GMT

Russia Eyes UAE Government, Investors for Its $200 Billion Projects

With the central bank’s easing cycle in full throttle, the price letup is ensuring that Egypt’s pound stays a favorite carry tradeWith the central bank’s easing cycle in full throttle, the price letup is ensuring that Egypt’s pound stays a favorite carry trade
October 13th, 2019 - 06:30 GMT

Egypt Interest Rates Among World’s Highest After Inflation Plummets to Lowest in 7 Years

The ship's two main storage tanks are said to be damaged
October 13th, 2019 - 06:00 GMT

Explosion in Iranian Tanker off the Saudi Coast

The results of the survey show that Internet applications represent most internet activities such as social media applications.
October 12th, 2019 - 03:00 GMT

Survey: Around 99 Percent of Bahrain’s Population Is Connected to the Internet

The Ministry of Finance continues to assess its legislative system and is committed to strengthening the nation's tax laws
October 12th, 2019 - 01:00 GMT

UAE to Expand the Scope of Excise Tax Starting December 1, 2019

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