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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 UAE was removed because it rushed through reforms, the EU said, giving it a clean-sheet on its tax practices.
October 12th, 2019 - 11:00 GMT

EU Announce the Removal of UAE From TAX-Haven List

A deeper cut in oil supplies is among options for OPEC
October 12th, 2019 - 09:00 GMT

IEA: Global Oil Markets Recover Quickly From Attacks on Saudi Oil Facilities

Of the UNHCR’s total need for $371.8 million in funding for 2019, $163 million has been donated thus far.
October 10th, 2019 - 11:13 GMT

UNHCR's Operations in Jordan Are 44 Percent Funded

The tiny box would be designed to make it easier for users to connect their Xbox controller to TVs and offer minimal processing power itself.
October 10th, 2019 - 10:54 GMT

Apple Starts Selling Its Rival's Xbox Controller

Sixty-four other nations have outstanding balances that total $1.3 billion.
October 10th, 2019 - 09:58 GMT

UN in Cash Crisis Due to $1.3 Billion in Unpaid Dues

United Airlines said it will not start using 737 Max again until Dec. 19 while Southwest Airlines will not have it on its schedule again until Jan. 5.
October 10th, 2019 - 09:54 GMT

American Airlines Removes 737 Max From Schedule Through Mid-January 2020

The HKlive.map app was removed from Apple's app store globally but continued to work for users who had previously downloaded it in Hong Kong.
October 10th, 2019 - 09:45 GMT

Apple Removes Police-Tracking App Used in Hong Kong Protests

Tourist overnight stays reached 24 million in the first 9 months of 2019, up 12%.
October 10th, 2019 - 09:43 GMT

Tourism Revenues Soars 43.3 Percent in Tunisia

The new proposal will bring positive changes in the labour market and benefit Qatari citizens and residents alike.
October 10th, 2019 - 09:42 GMT

Major Reforms for Expatriates Announced in Qatar

The USD selling price jumped to 71.5 pounds and the purchase to 70.5 compared to 69 pounds to sell and 68 pounds to buy during the past week.
October 10th, 2019 - 09:40 GMT

Sudanese Pound Hits New Low After US Refusal of Delisting It From Terror List

The auto maker's strategy for its range of electric cars is to keep them visually similar to their conventionally powered counterparts.
October 10th, 2019 - 08:54 GMT

BMW to Introduce Electric Hatchback by 2021

Russia and Turkey increased their value of trade to $25.5 billion at the end of 2018.
October 10th, 2019 - 07:56 GMT

Russia, Turkey to Settle Payments Using Local Currencies

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