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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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Foreign debt rose by just four percent
October 3rd, 2019 - 10:30 GMT

Developing Nations Foreign Debt Soars to $7.8 Trillion in 2018

The US will begin applying WTO-approved tariffs on certain EU goods beginning October 18
October 3rd, 2019 - 10:00 GMT

US to Impose Tariffs Worth $7.5 Billion on EU Goods

The percentage of expats in Oman has decreased from 45.8 per cent in 2016 to 45.5 in 2017
October 3rd, 2019 - 09:30 GMT

Expats Number in Oman Crossed 2 Million in September 2019

GDP growth could reach 3.4%, driven by higher gas output and growth in agricultural production.
October 3rd, 2019 - 09:00 GMT

Tunisia Plans to Issue $874.24 Million Bonds of Debt

The National Plan of Criptoactives of Venezuela will last 10 years
October 3rd, 2019 - 08:00 GMT

Venezuela's Petro Enters Global Cryptocurrency Markets

The UAE last year jumped 10 places to 11th in the ranking.
October 3rd, 2019 - 07:30 GMT

GCC Countries Among World Bank's Top 20 in Ease of Doing Business

The circular will certainly reduce the pressure on dollar demand at currency exchange shops
October 3rd, 2019 - 07:10 GMT

Lebanon’s Central Bank Secures Dollars to Cover Imports of Fuel, Wheat and Medicine

Last August, the government imposed a new increase in natural gas prices for the fourth time in less than one year
October 3rd, 2019 - 07:00 GMT

Turkey Increases Electricity Prices for 2nd Time in 3 Months

Qatar's economy declined in the second quarter of this year to $55.1 billion
October 3rd, 2019 - 06:30 GMT

Qatar’s Economy Contracts by 1.4 Percent in Q2 2019

The share of the IMF and commercial banks reached 23.9 percent.
October 3rd, 2019 - 06:15 GMT

Morocco's External Debt Exceeds $35 Billion

Two countries' bilateral trade was nearly $960 million, with Turkey's exports to Jordan totaled $860.9 million in 2018.
October 2nd, 2019 - 01:00 GMT

Turkey, Jordan Sign Agreement for Joint Economic Committee to Boost Bilateral Trade

A more detailed view by asset type reveals that not all asset types enjoyed inflows in H1 2019.
October 2nd, 2019 - 12:30 GMT

GCC Funds Witness Net Inflows of $2.5 Billion in H1 2019

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