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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 report underlined that the economic reform program made investments and net exports the main drives for GDP growth instead of consumption.
July 17th, 2019 - 01:00 GMT

World Bank's Stand on Egypt’s Economic Reforms

Unlike usually, Instagram has not yet addressed this outage
July 17th, 2019 - 12:00 GMT

Instagram Users Outrage Due to Another Outage

Only 3.4 percent of the households managed to save part of their income
July 17th, 2019 - 11:30 GMT

Morocco Household Confidence Index Witnesses Another Fall in Q2 2019

The corruption-plagued country's public debt is 150% of the GDP, among the largest in the world.
July 17th, 2019 - 11:00 GMT

Lebanese Parliament Discuss Budget Amid Limited Protests

Some of these projects have been relaunched and other projects, mainly technical and engineering projects, will start activity soon
July 17th, 2019 - 10:30 GMT

Iran to Earn $5 Billion in Revenues From Electricity, Gas Exports to Iraq

TurkStat said turnover in industry surged 20.9% during the same period.
July 17th, 2019 - 10:00 GMT

Turkish Economy’s Total Turnover Rises 14.4 Percent in May

Oman’s expatriate workforce has also fallen, from 1,854,880 people in May 2018 to 1,787,447 this year.
July 17th, 2019 - 09:00 GMT

65,000 Expats Flee Oman in a Year Due to Omanisation

The sector will aim to implement solar power projects with a focus on building local capabilities in line with the Nama Group’s sustainability strategy.
July 17th, 2019 - 08:00 GMT

Oman Issues RfQs for Two Independent Solar Power Projects

The oil tanker is not owned or operated by the UAE and has not sent a distress call.
July 17th, 2019 - 07:30 GMT

US Points Finger at Iran for Seizing Oil Tanker in Strait of Hormuz

This edition includes the option of creating an e-account for investors seeking investment opportunities, which provides several benefits to users
July 17th, 2019 - 07:00 GMT

Egypt Launches Cross-Sector Investment Map

With the recently announced freehold law, investing in Abu Dhabi real estate has become more attractive.
July 17th, 2019 - 06:30 GMT

It's the Right to Time to Invest in Abu Dhabi's Real Estate

Lagarde on Tuesday announced that she formally submitted her resignation from the IMF position with effect from September 12, 2019
July 17th, 2019 - 05:26 GMT

Lagarde Resigns as IMF Chief

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