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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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Due to pragmatic policies and measures, the direct tax collection is slated to increase by 78% over the next five years.
July 18th, 2019 - 08:46 GMT

India to Become a $5 Trillion Economy by 2025

Projected completion for the remaining quarters of 2019 has been adjusted to 9,000 units, 70% of which is planned for Lusail and The Pearl.
July 18th, 2019 - 08:45 GMT

Qatar’s Real Estate Sales Exceed QR9 Billion in First Five Months of 2019

Razzaz reviewed the available opportunities and the attractive investment environment in the Kingdom, in addition to the possibility for Turkish businesspeople to benefit from incentives provided by the national economy.
July 18th, 2019 - 08:42 GMT

Jordan, Turkey Keen on Boosting Commercial Exchange, Investments

Antonio Guterres, the United Nations Secretary General, speaks during a press conference at the World Food Program Wharehouse, on July 12, 2019 in Beira, as part of Guterres' visit to assess recovery efforts from two cyclones earlier this year in Mozambique.
July 18th, 2019 - 08:40 GMT

UN Secretary General Under Fire Due to Sex Scandal of Western Sahara Mission Official

 Michael Stumo, father of Flight ET302 victim Samya Stumo, and Paul Njoroge, representing the families of Ethiopian Airlines Flight 302, testify before a hearing in Washington, DC, US on July 17, 2019.
July 18th, 2019 - 08:39 GMT

Boeing to Pay $50 Million to 737 Max Crash Victims' Families

 A screen the reads "If Consumers Use Libra, Who Would They Be Dealing With?" is displayed with questions on potential user actors as David Marcus, CEO of Facebook's Calibra digital wallet service, foreground, appears before a House Financial Services Committee hearing on Facebook's proposed cryptocurrency on Capitol Hill in Washington, Wednesday, July 17, 2019.
July 18th, 2019 - 08:38 GMT

Will Facebook's Libra See the Light in 2020?

Mobile threat researchers at anti-virus company Avast detected the apps on Google Play Store that were all likely designed by a Russian developer.
July 18th, 2019 - 08:22 GMT

Google Removes 7 Stalker Apps From Its Play Store

Air India.
July 18th, 2019 - 08:16 GMT

40kg Baggage Allowance for Passengers Traveling From India to UAE

Loan restructuring allows a company facing cash flow problems to renegotiate delinquent debts with lenders, enabling it to continue operations and avoid potential bankruptcy.
July 18th, 2019 - 07:46 GMT

The Reasons Behind Turkey's Failure to Restructure Bad Debt

The growth in online hiring in the ‘IT and Telecom/ISP’ industry continues as Saudi Arabia rapidly transforms almost every sector with cutting-edge technology.
July 18th, 2019 - 07:32 GMT

Online Job Postings Soar 13 Percent in Saudi Arabia

Saudi Aramco's stake in the joint venture has been trimmed to 20%, while Jacobs Engineering remains at 40%.
July 18th, 2019 - 07:28 GMT

Saudi PIF Acquires 40 Percent Stake in Aramco-Jacobs Venture

The decision will increase the economic value of the entertainment sector by 9 percent and the consumer spending to more than $37.5 billion annually.
July 18th, 2019 - 07:11 GMT

Saudi Arabia Allows Businesses to Open Around the Clock

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