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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 lira had firmed as far as 5.4515 to the dollar
August 14th, 2019 - 05:34 GMT

Turkish Lira Lower As Investors Remain Cautious of Emerging Markets

Capital expenditure was $14.5 billion, compared to $16.5 billion for the same period in 2018
August 12th, 2019 - 03:30 GMT

Saudi Aramco Net Income Reaches $46.9 Billion for the First Half 2019

Apple is also offering a 50 per cent bonus for bugs reported in pre-release builds.  Apple Sales in China Improve
August 12th, 2019 - 03:00 GMT

Apple Will Award $1 Million for Bugs Discovered In macOS and iOS

Oil prices have been caught up in the retreat, falling to below $57/bbl earlier this week.
August 12th, 2019 - 02:30 GMT

Brent Prices Ease Back From $67 per Barrel Over Geopolitics

India, given its size, population and emerging economy, is one of the biggest markets in the world for petrol and diesel.
August 11th, 2019 - 08:00 GMT

GCC Companies Look at India’s Fuel Retail Industry

Listed companies continue to announce their financial results for Q2 of 2019
August 11th, 2019 - 06:00 GMT

Saudi Stock Remained Strong Despite Sharp Declines in Oil Prices

Qatar has currently a total of about 132 hotels of 3 to 5-star categories with around 26,700 rooms.
August 8th, 2019 - 12:30 GMT

Newer Hotels Place Qatar’s Hospitality as One of the Best in the Middle East

The Iranian official further described Expo 2020 Dubai as a great opportunity for Iranian companies to showcase their products.
August 8th, 2019 - 12:00 GMT

Iran, UAE Trade Relations Are Improving

Samsung declined to disclose its sales target for the new Note series, but said it expected to achieve higher sales volume than the predecessor Note 9 models.
August 8th, 2019 - 11:30 GMT

Samsung’s Galaxy Note Smartphone Takes On Huawei in Selfie Beauty Pageant

Away from the Mena region, Asia is forecast to see 130 new crude and natural gas projects starting operations over the next eight years
August 8th, 2019 - 11:30 GMT

Oil, Gas and Petrochemical Projects Value More Than $859 Billion in Mena

A weaker dollar has other benefits. For instance, it could also bolster corporate earnings.
August 8th, 2019 - 11:00 GMT

This Is Why a Weak Dollar Could Help the US

In July 2018, Egypt's headline inflation rate was 13.5%.
August 8th, 2019 - 10:30 GMT

Egypt’s Consumer Price Inflation Slows to 8.7 Percent in July

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