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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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Moody’s said significant tightening in external financing conditions
October 2nd, 2019 - 12:00 GMT

Moody’s Keeps Lebanon’s Rating but Warns of Downgrade

After the attack on the Saudi oil facilities, the Russian oil production was relatively high.
October 2nd, 2019 - 11:30 GMT

Oil Price to Remain Steady on Middle East Tension, Global Downturn

The number of Saudi tourists visiting the country dropped by more than 28 percent in August
October 2nd, 2019 - 10:30 GMT

Turkey Records Sharp Drop in Tourists From Saudi Arabia

The figures rekindled fears for worldwide growth.
October 2nd, 2019 - 10:00 GMT

Global Stocks Take Steep Downward Turn On US Manufacturing Data

The IMF will spare no efforts in helping members, including the Central Bank of Iran
October 2nd, 2019 - 09:30 GMT

Iran’s Central Bank Calls for Fair Share in IMF Decision-Making Process

The U.S. and China, are currently in a difficult situation as regards to trade
October 2nd, 2019 - 09:00 GMT

Merkel Calls US and China to Make Compromise in Trade Talks

Labour productivity must be increased.
October 2nd, 2019 - 08:30 GMT

Jordan’s Public Sector Employees Enjoy Higher Wage Increases

Private health spending in the GCC will pick up the pace to meet rising demand over this period
October 2nd, 2019 - 08:00 GMT

GCC Spending on Healthcare Will Rise to $30.5 Billion by 2021

Imports accounted for Dh14.87 billion of Dubai-US trade in Q1 2019.
October 2nd, 2019 - 07:30 GMT

US Ranks Third Biggest Trading Partner for Dubai

Total number of residential mortgage loans provided to individuals by the end of 2018 amounted to about 50.4 thousand contracts.
October 2nd, 2019 - 07:10 GMT

Mortgage Loans Provided by Saudi Banks Triple in August

Sisi's tweets came after a tense weekend in Egypt in which police mounted a huge show of force in Cairo
October 2nd, 2019 - 06:30 GMT

Egypt Return Nearly 2 Million People to Its Food Subsidy Program

The government will turn to foreign financial institutions of which it is a member to fund strategic development projects
October 2nd, 2019 - 06:00 GMT

Algeria Plans to Seek Foreign Loans, Cut Public Spending by 9.2 Percent

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