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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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Unlike a general perception that rents will go up ahead of Expo 2020, residents will be paying less rents due to a supply-and-demand correction
September 29th, 2019 - 06:30 GMT

Residential Rents in Dubai to Stay Lower Despite Expo 2020

The value-added agriculture saw a hike of 14 percent in 2015 and a decline of 12.8 percent in 2016.
September 29th, 2019 - 06:00 GMT

Morocco's Economic Center Expects 4.6 Percent Growth in 2020

The central bank cut rates after inflation figures fell to their lowest in more than six years.
September 28th, 2019 - 03:00 GMT

Egypt’s Central Bank Cuts Interest Rates for the Second Time

Iraq held its position as the top oil supplier to India followed by Saudi Arabia.
September 28th, 2019 - 09:00 GMT

India’s Oil Imports From Iraq Jump to a High Record in August

Fatih Birol, Executive Director of the International Energy Agency
September 28th, 2019 - 07:57 GMT

IEA May Cut Its Growth Estimates for Global Oil Demand for 2019 and 2020

The 737 Max 8 and Max 9 have been grounded worldwide since March and Boeing has since said it's close to a fix, which would also need approval of the Federal Aviation Administration.
September 26th, 2019 - 09:19 GMT

Boeing Creates New Safety Committee to Monitor Plane Design

The new facility is expected to become one of the world's busiest.
September 26th, 2019 - 09:19 GMT

New $11 Billion Star-Shaped Airport Opened in Beijing

The 713,000 figure marked the second-largest sales month of the year.
September 26th, 2019 - 09:18 GMT

US: New House Sales Soar to 713,000 in August

eBay's board of directors appointed Chief Financial Officer and Senior Vice President Scott Schenkel as interim CEO.
September 26th, 2019 - 09:17 GMT

eBay CEO Resigns Due to Conflicts With Board

China is South Korea's largest trading partner.
September 26th, 2019 - 09:16 GMT

South Korea Inaugurates China Trade Offices

The panel will hold a hearing on the bill Friday. Huawei did not immediately comment.
September 26th, 2019 - 09:11 GMT

US House Panel Proposes $1 Billion Fund to Replace Huawei

The Altria Group, which owns Juul, announced the move and the removal of Kevin Burns as CEO.
September 26th, 2019 - 09:10 GMT

No More Juul E-Cigarettes, Vaping Products in US Markets

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