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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 737 Max has been grounded worldwide since Ethiopian Airlines Flight 302 crashed in March, killing 157 people on board.
September 24th, 2019 - 11:39 GMT

Boeing to Start Dispensing $50 Million to 737 Max Crash Victims' Families

The opening ceremony was held under the patronage of Rasheed Al Maraj, the Governor of the Central Bank of Bahrain at the GPS Headquarters in Seef on Sunday.
September 24th, 2019 - 10:58 GMT

Global Payment Services Inaugurates New HQ in Bahrain

The network will be used in various sectors.
September 24th, 2019 - 10:58 GMT

Huawei to Launch 5G Mobile Networks in 2021 in Tunisia

Lulwa Salem has also fitted the smart abaya with a fitness tracker to monitor the physical activity of the women wearing the traditional clothing.
September 24th, 2019 - 10:43 GMT

Bahraini Designer Invents Smart Abaya

The value of the rial has been dropping, trading at around 602 against the US dollar.
September 24th, 2019 - 10:30 GMT

Yemen Determined to Stabilize Rial Value

The 2049 dollar issue fell 3.1 cents to 106.1 cents in the dollar.
September 24th, 2019 - 09:56 GMT

Egyptian Dollar Bonds Slip Due to Protests

Huawei Technologies Co. Chief Financial Officer, Meng Wanzhou, leaves the British Columbia Superior Court on September 23, 2019 in Vancouver, Canada. Wanzhou was arrested by Canadian authorities last December on fraud charges and faces extradition to the United States.
September 24th, 2019 - 08:39 GMT

Huawei's CFO Tries to Revoke Extradition from Canada

In Early 2017, Facebook announced projects aimed at allowing users to use their minds to type messages or their skin to hear words.
September 24th, 2019 - 08:39 GMT

Facebook Acquires Startup Working on Controlling Machines via 'Thoughts'

The defendant, who is referred to as a public employee in the public prosecution charge sheet, confessed to his crime.
September 24th, 2019 - 08:27 GMT

Indian Worker to Be Deported from Dubai for Stealing 2 Mangoes

Both Aramco plants were hit in drone and missile attacks on Sept. 14 that caused fires and significant damage, halving the country’s oil output.
September 24th, 2019 - 08:17 GMT

Saudi Arabia Restores Over 75 Percent of Oil Production Level Pre-Attack

Turkey's new economic program, announced in September 2018, targets a current-account-deficit-to-GDP ratio this year of 3.3%.
September 24th, 2019 - 07:27 GMT

IMF: Turkey Won't Go into Recession in 2019

Thomas Cook's demise could mean 600,000 to 700,000 fewer visitors annually for Turkey.
September 24th, 2019 - 07:11 GMT

Thomas Cook Collapse to Affect Tourism in These Middle Eastern Countries

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