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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 third phosphate project, which will total about $6.4 billion will make Saudi Arabia the second world’s largest producer of phosphate
July 30th, 2019 - 12:00 GMT

Saudi Arabia to Become 2nd Largest Global Phosphate Producer

The price of Brent crude remained relatively stable during the June-July period
July 30th, 2019 - 10:30 GMT

International Prices of Petroleum Products Soar in July

With the advent and integration of 5G applications marking the new generation of connectivity, the landscape of mobile gaming will forever be changed as real-time and immersive gaming becomes faster and more powerful.
July 30th, 2019 - 10:00 GMT

Qualcomm, Tencent to Partner on 5G, Gaming

Since February 2008, over €2.5 billion have been disbursed through the PEGASE Direct Financial Support programmes.
July 30th, 2019 - 09:30 GMT

EU Contributes €14.9 Million to Palestinian Hospitals

Iran’s petrochemical production capacity is expected to reach 90 million tons per year in 2020.
July 30th, 2019 - 09:00 GMT

Iran-Brazil Trade Immune to US Sanctions

The two sides also discussed the possibility of training and qualifying the administrative and the technical staffs.
July 30th, 2019 - 08:30 GMT

Syria, Russia to Enhance Economic Cooperation, Trade Exchange

The governments of the world's two largest economies have imposed billions of dollars of tariffs on each other's goods, slowing global growth and roiling markets.
July 30th, 2019 - 08:00 GMT

US Companies Get More Clarity on Huawei as US-China Talks Resume

Of total tax revenue collected in the 2018-2019 financial year, 309 billion Egyptian pounds came from VAT
July 30th, 2019 - 07:30 GMT

Egypt to Amend Its Value-Added Tax Law

Among the indicators of recession are the challenges the real estate market is facing.
July 30th, 2019 - 07:00 GMT

Anticipated Recession Threatens Qatar's Economy

With increased Expo 2020 spending, VAT revenues would easily be Dh35 billion-plus this year.
July 30th, 2019 - 06:30 GMT

UAE VAT Revenues to Soar 30 Percent in 2019

The analysis said deep poverty is highest among ethnic minorities.
July 30th, 2019 - 06:00 GMT

Over 14 Million People in Britain Live in Poverty

It said some 10,000 tons of gasoline with octane number of 91 will be available for sale to Afghanistan through IRENEX
July 30th, 2019 - 05:30 GMT

Iran Kicks Off a Program for Gasoline Export With a Shipment to Afghanistan

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