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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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Saif Ahmed Al Ghurair was born in Deira on the shores of Dubai Creek in 1924.
August 27th, 2019 - 10:00 GMT

Founder of Al Ghurair Group in UAE Dies at Age of 95

The bulk of debt issuance in the second quarter came from Saudi Arabia with US$26.8bn.
August 27th, 2019 - 09:47 GMT

GCC Debt Issuance Soars to $40 Billion in Q2 2019

Netanyahu is fighting for reelection in a potentially tough general election on 17 September with critics from his right-wing power base calling for tougher action against the Islamist Hamas.
August 27th, 2019 - 09:46 GMT

Netanyahu Slashes Gaza Oil Imports by Half

Sudan's new Prime Minister Abdalla Hamdok speaks during a press conference in Khartoum on Wednesday, August 21, 2019.
August 27th, 2019 - 09:44 GMT

Sudan's PM Plans to Transform Country's Economy

According to the 2019 half-year indices, 103 jobseekers were hired on average daily.
August 27th, 2019 - 09:43 GMT

National Campaign Creates Over 11,000 Job Opportunities in Bahrain

Attorneys for Johnson & Johnson have said that estimate is wildly inflated.
August 27th, 2019 - 09:18 GMT

Johnson & Johnson to Pay $572 Million in Opioids Trial

Satellites have recorded more than 41,000 fires in the Amazon region so far this year.
August 27th, 2019 - 09:17 GMT

G7 Leaders Commit $20 Million to Help Amazon Countries

Assets of banks operating in the GCC increased by 9.13 percent year-on-year during the first half of 2019.
August 27th, 2019 - 08:35 GMT

Despite the Blockade, This Qatari Bank Tops GCC Peers With $243 Billion in Assets

Trump hinted during G7 summit that he might have second thoughts about Iran sanctions as he faces the prospect that his policy of maximum pressure might fail permanently.
August 27th, 2019 - 07:47 GMT

Iranian Rial Recover Amid G7 Reports Revealing Updates on US Sanctions

The private sector foreign deposits soared about 23% year-on-year to QR158.92bn, or about 81% of the total deposits, in the country’s commercial banks in July 2019.
August 27th, 2019 - 07:37 GMT

Qatar Banks’ Overseas Private Deposits Soar in July

Indians led the list of the top 10 nationalities among those who auto-renewed licenses in H1.
August 27th, 2019 - 07:21 GMT

47 Percent Increase in the Number of Total Licences Renewed in Dubai

Equity markets in Europe pared losses following Trump's statement about US-China trade talks resumption.
August 27th, 2019 - 07:00 GMT

How Equity Markets Reacted After Trump's Latest Statement at G7 Summit

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