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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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Saudi Arabia comes on top of Abu Dhabi's trade partners with a total amount of Dh5.1 billion during July.
October 7th, 2019 - 07:21 GMT

Abu Dhabi Non-Oil Trade Reaches $33 Billion in 7 Months

Volkswagen Turkey Otomotiv Sanayi ve Ticaret A.S. was established last week with capital of 943.5 million Turkish liras ($164.5 million).
October 7th, 2019 - 06:28 GMT

Volkswagen to Build Multi-Brand Production Plant in Turkey

Agricultural items from Europe will also be subject to the tariffs.
October 6th, 2019 - 01:00 GMT

EU to Take Retaliatory Measures in Response to New US Tariffs

Difference between exports and imports, recorded a deficit totalling BD149m during August this year
October 6th, 2019 - 12:30 GMT

Bahrain Exports Rise 2 Percent to BD187 Million

The total number of permits issued has decreased compared with 47,938 permits issued in the same quarter of 2018
October 6th, 2019 - 12:00 GMT

Bahrain: Jobs Rate Declines for Nationals, Expats in Q2 2019

Holders of passports, may enter into, exit from, or transit without a visa requirement
October 6th, 2019 - 11:30 GMT

Oman Exempts These Passport Holders from Applying for Visas to Hungary

The private sector is continuing to create new job opportunities
October 6th, 2019 - 11:00 GMT

UAE Private Sector Creates 40,000 New Jobs in Q2 2019

The transaction marks the largest 30-year tranche by Abu Dhabi
October 6th, 2019 - 10:30 GMT

Abu Dhabi Issues $10 Billion Multi-Tranche International Bond Offering

Israel calls the stipends a "pay for slay" policy and says it encourages violence.
October 6th, 2019 - 10:00 GMT

Palestine to Resume Taking Israeli Collected Tax Revenues

The year-end outlook is grim
October 6th, 2019 - 09:30 GMT

US Manufacturing Begins to Crumble, Factory Output in Red Zone

China was the major importer of Iranian non-oil goods with a share of 24.37% valued at over $5 million.
October 6th, 2019 - 09:00 GMT

China Is Iran’s Major Importer of Non-Oil Goods

While 36% teachers in the EU member states were aged 50 or more, 9% of them were 60 years old.
October 6th, 2019 - 08:30 GMT

Women Constitute 72 Percent of the Total Number of Teachers in EU

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