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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 new markets to now have access to the Gameplay Management system include: Lebanon, Oman, Jordan, Algeria, Palestine, Bahrain, Libya, Morocco, Tunisia, and Yemen.
July 28th, 2019 - 07:02 GMT

PUBG Mobile Expands Gameplay Management System's Reach to 10 MEA Countries

Over the last two years, the UAE provided more than US$364 million to support Palestinians.
July 28th, 2019 - 06:50 GMT

UAE Donates $50 Million to UNRWA

Granting work permits to men and women sponsored by their families aims to help firms meet their recruitment demand from the resident population itself.
July 28th, 2019 - 06:47 GMT

Employers in UAE Can Now Hire Men on Family Visas

The highest wealth transfer will materialise from 850 ultra-high net worth individuals with over $100 million wealth in the Middle East, which is estimated to be $352 billion.
July 27th, 2019 - 03:00 GMT

16,700 Millionaires to Pass $572 Billion to Middle East's Next Generation

The new data goes in tandem with other indices showing the rise in sales of cement in the local market
July 27th, 2019 - 12:00 GMT

Saudi Arabia's Real Estate Prices Increase at Record Rate

Within its outlook plans for 2020, the directorate expected the domestic demand to undergo a 3.2 percent rise in 2020
July 27th, 2019 - 08:00 GMT

Moroccan Economy Is Expected to Grow to 3.4 Percent in 2020

Boeing recorded operating cash flow of ($0.6) billion and paid $1.2 billion of dividends.
July 27th, 2019 - 06:00 GMT

737 MAX Slashes Boeing Second-Quarter Revenue by $5.6 Billion

A criminal who used FaceApp in China was detected and captured from among 50,000 people in a concert hall thanks to the facial recognition system.
July 25th, 2019 - 10:21 GMT

What You Need to Know About FaceApp's Data Access

An increasing number of them have also come around to the idea that technology to capture carbon out of the atmosphere or eliminate it as a byproduct in industrial processes will be an essential piece of the puzzle.
July 25th, 2019 - 09:43 GMT

10 Startups Trying To Battle Climate Change Using Technology

The company explained the layoffs with “the curtailment of business operations” as the result of Washington’s actions.
July 25th, 2019 - 09:26 GMT

Huawei Lays off 70 Percent of American Research Unit Staff

The toll system will be active from October 15.
July 25th, 2019 - 09:14 GMT

15 Things You Should Know About Abu Dhabi Toll Gates

The Asian workers sitting in the open in protest against not receiving salaries for many months.
July 25th, 2019 - 08:35 GMT

4,000 Expats Protest in Kuwait Over 4 Months Unpaid Salaries

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