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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 small tanker was carrying about 700,000 litres of smuggled fuel
August 5th, 2019 - 01:00 GMT

Iran Seizes Third Foreign Tanker in Less Than a Month

UAE has been leading the regional aviation industry with an impressive volume of passenger and cargo traffic every year.
August 5th, 2019 - 12:00 GMT

$600 Billion Required to Meet Regional Aircraft Demand by 2038

The government is also ramping up investments in wastewater treatment and reuse capacity.
August 5th, 2019 - 11:30 GMT

Oman to Spend $7 Billion on Wastewater Treatment

Phase One of this iconic destination is sold out with Phase Two and Three under way and seeing strong demand from European investor.
August 5th, 2019 - 11:00 GMT

All the Updates You Need to Know About 'Heart of Europe'

The total profits of all companies listed on the Abu Dhabi and Dubai financial markets reached Dh19.45 billion during the first quarter of this year
August 5th, 2019 - 10:30 GMT

Fifty UAE Listed Firms' H1 Revenue Exceed $9 Billion

It seems flying home to India or Pakistan for the holidays has become a little over-budget.
August 5th, 2019 - 10:00 GMT

Tickets from UAE to These Countries Might Cost You over $1000 During Eid Break!

The rupee had settled at 69.60 against the US dollar on Friday.
August 5th, 2019 - 09:00 GMT

Indian Rupee Hits 70.54 Against the US Dollar

Sales of Digital Assistants such as Amazon Alexa and Google Home have grown quite rapidly during the last year.
August 5th, 2019 - 08:30 GMT

Report: Nearly 48% of Consumers Unable to Give up Their Phones for One Day

Nissan controls 15 percent and has no voting rights in Renault
August 5th, 2019 - 08:00 GMT

Nissan, Renault Mull Restructuring for Fiat Merger

Travellers from China showed a robust 220 per cent year-on-year growth in package demand compared to the same period last year
August 5th, 2019 - 07:30 GMT

2.9 Million Chinese Tourists Expected to Visit the GCC by 2022

Combination of AI techniques - machine learning and deep neural networks - were used to analyse pricing models
August 5th, 2019 - 07:00 GMT

How AI Contributes to the Travel Industry

The Central Bank expected the inflation rate to reach 13.9 percent by the end o 2019 and to continue declining next year to reach 8.2 percent and 5.4 percent by 2021
August 5th, 2019 - 06:30 GMT

Report: Turkey's Inflation to Rise to 15.2 Percent

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