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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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Seoul was down 1.9 percent amid an ongoing trade spat with Tokyo, which restricted the export of materials key to South Korean tech firms earlier this month.
July 29th, 2019 - 06:46 GMT

Asia Markets Plummet Amid Looming US-China Trade Talks, Civil Unrest in Hong Kong

These wallets aim to enrich the digital payment environment
July 29th, 2019 - 05:19 GMT

E-Wallets Exceed 21 Million Operations in Saudi Arabia

Most of these violations were in Jebel Jais.
July 28th, 2019 - 10:53 GMT

Over 6,000 Environmental Violations Detected in UAE This Year

WhatsApp has insisted that its payment services in India will comply with the central bank norms.
July 28th, 2019 - 10:15 GMT

WhatsApp to Launch Digital Payments Service in Its Biggest Market

Apple's purchase of Intel's smartphone modem patents and other technology could bolster its attempt to build its own line 5G chips and lessen its dependence on Qualcomm.
July 28th, 2019 - 09:21 GMT

Apple Acquires Intel Smartphone Modem Business for $1 Billion

Artificial Intelligence market is set to grow by a stunning 83 percent.
July 28th, 2019 - 07:41 GMT

Report: MEA AI Market Set to Reach $530 Million by 2022

The GCC and Egypt’s economic growth and public finances improved in 2018 amid higher oil prices, infrastructure development, diversification programmes and fiscal reform.
July 28th, 2019 - 07:41 GMT

GCC Economic Growth to Rely Heavily on Non-Oil Activities

60% of males and 64% of females who are employed are between the ages of 20 and 39.
July 28th, 2019 - 07:33 GMT

Unemployment Rate Increases to 19 Percent in Jordan

The President of United States of America Donald Trump with the french President Emmanuel Macron in press conference at the Elysee Palace after an extended interview.
July 28th, 2019 - 07:33 GMT

Trump Threatens France of Reciprocal Action Over Digital Tax

Apple does not explicitly disclose this in its consumer-facing documentation, however, a small proportion of the recordings are passed on to the contractors around the world.
July 28th, 2019 - 07:32 GMT

Apple Listens to Your Confidential Conversations With Siri

Saudi cinemas were in third place for ticket sales in the Middle East in the second quarter of 2019.
July 28th, 2019 - 07:30 GMT

Saudi Arabia Urges Investors to Open Cinemas in Smaller Cities

Lower interest rates will encourage borrowing and stimulate economic growth in the UAE.
July 28th, 2019 - 07:28 GMT

GCC Interest Rate Cut to Stimulate UAE Growth

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