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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 bank continues to use all available tools to ensure financial stability when necessary. 
August 1st, 2019 - 11:00 GMT

Turkish Central Bank Cuts Year-End Inflation Forecast to 13.9 Percent

WhatsApp and other social media platforms have been blamed for the rise in fake news globally.
August 1st, 2019 - 10:30 GMT

The Role of WhatsApp in Nigerian Democracy

Apple services revenue rose 12.6% to $11.5 billion in the three months to June
August 1st, 2019 - 10:00 GMT

Apple Sales in China Improved, Market Value Close to $1 Trillion

Samsung shipped 76.3 million smartphones worldwide in Q2 2019
August 1st, 2019 - 09:30 GMT

Samsung Maintains First Position in Global Smartphone Marketshare in Q2 2019

Aside from short-term volatility, there’s been a muted response in terms of the movement of crude oil prices.
August 1st, 2019 - 09:00 GMT

What Threatens the Shipping Industry in Strait of Hormuz

The 5G network along with the 4G network will achieve the highest coverage and high speed
August 1st, 2019 - 08:30 GMT

Saudi Arabia Launches 5G Service in Makkah and Holy Sites

The three plants are expected to generate around 70GWh (Gigawatt hour) per year in total
August 1st, 2019 - 08:00 GMT

EBRD Grants $35 Million to Support Largest Private-to-Private Solar Project in Jordan

Oil prices are expected to be range-bound near current levels this year
August 1st, 2019 - 07:30 GMT

Saudi Arabia’s Oil Production to Remain Below 10 Million bpd in the Coming Months

Overall inflation and inflation for items other than food and energy were running below 2% on a 12-month basis
August 1st, 2019 - 06:30 GMT

US Central Bank Cuts Interest Rates for First Time Since 2008 Crisis

it was down by 1% in the first half of the year due to a relatively strong performance in the first quarter of 2018.
August 1st, 2019 - 05:59 GMT

Global Gold Mine Production Hikes 7% in the First Quarter of the Year

The finance, insurance, real estate and business services segment supported the non-oil sector expansion in Q1 2019.
July 31st, 2019 - 01:00 GMT

Saudi Economy Expands at Slower Pace in Q1 Due to Muted Growth in the Oil Sector

Over 18 million foreign visitors entered the country this January-June, ministry data showed.
July 31st, 2019 - 12:30 GMT

Turkey Hosts over 18 Million Tourists in H1 2019

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