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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 updated Twitter website brings more of What's Happening along with easy access to other features.
July 16th, 2019 - 11:26 GMT

Twitter Users Unhappy About New Desktop Look

Authorities across the world are struggling to deal with domestic waste following moves by China and other Asian nations to stop accepting exported waste from Europe and North America.
July 16th, 2019 - 09:09 GMT

Saudi Arabia Aims to Recycle 81 Percent of Riyadh's Waste

The situation is set to improve during the second half, which may only constitute a hiatus before a new wave of non-OPEC production to the tune of 2.1 million bpd hits the markets.
July 16th, 2019 - 09:09 GMT

Oil Markets Brace for Non-OPEC Supply Increase

This collaboration was originally intended to improve the quality of lives in Egypt by boosting the economy and decreasing unemployment.
July 16th, 2019 - 09:04 GMT

'Ministry of Happiness' in Egypt: Rumor or Fact?

Total exports rose only 0.1 percent on-year during the first six months.
July 16th, 2019 - 09:01 GMT

China GDP Growth Slows to 6.2 Percent in Q2, Weakest Pace in 30 Years

Oman’s dependence on imported goods has decreased, according to data from the National Centre for Statistics and Information.
July 16th, 2019 - 08:11 GMT

Oman's Imports Plummet by 9.1 Percent

The project will slash annual CO2 emissions by 3,243 metric tonnes.
July 16th, 2019 - 08:11 GMT

Dubai Installs Region's Largest Airport Solar Energy System

Work under the contract will be performed at the company's plant in Mesa, Ariz., with an estimated completion date of Dec. 31, 2024.
July 16th, 2019 - 08:08 GMT

Boeing Awarded $96.9 Million Contract to Provide UAE With Apache Helicopters, Training Support

Some banks are using robots to make their banking services easier to access.
July 16th, 2019 - 07:58 GMT

People Using Digital Banking in UAE Soar to 90 Percent

In March, Pakistan had partially opened its airspace but kept it closed for Indian flights.
July 16th, 2019 - 07:37 GMT

Indian Airlines Resume Flights Operations Over Pakistan Airspace

The largest of these was Careem'’ landmark exit to Uber.
July 16th, 2019 - 07:18 GMT

MENA Startup Funding Surges 66 Percent in H1 2019

Interior design is important in all spaces, especially those where people learn, teach and heal.
July 16th, 2019 - 06:52 GMT

'Workspace' to Focus on Wellness and Sustainability

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