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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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Several employees have already received notification of their dismissal, while more employees will be notified soon, these people said.
July 15th, 2019 - 06:29 GMT

Huawei Plans Substantial Layoffs in US

US companies can currently sell goods in order to maintain existing networks and provide software updates to existing Huawei handsets.
July 15th, 2019 - 06:29 GMT

US May Allow Firms to Restart Huawei Sales in Two Weeks

Tinder highest-grossing non-game app in H1, generating $497M; Netflix second
July 14th, 2019 - 07:30 GMT

Revenue from Apple App Store and Google Play Grow 15 Percent to hit $39 Billion

50 million euros of which will be provided by the EIB and 30 million euros by the AFD
July 14th, 2019 - 01:00 GMT

Lebanon: $90 Million in Funding to Be Available for SMEs

Those industries that have been shut down due to financial problems should be reactivated
July 14th, 2019 - 12:30 GMT

Iran, Iraq Enjoys High Potentials to Help Each Other to Boom Industries

The government and the Parliament will decide about the implementation of the four principles
July 14th, 2019 - 11:30 GMT

Iran to Prepare Budget Bill Biannually to Provide a Clearer Future

Amazon CEO Jeff Bezo
July 14th, 2019 - 11:00 GMT

Amazon to Invest $700 Million to Train 100,000 Workers

Trump: cryptocurrency, whose electronic nature makes it nearly untraceable, could facilitate illegal activity.
July 14th, 2019 - 10:25 GMT

Trump: Cryptocurrency Is ‘Not Money’

Fiscal resources declined 57 percent because new Gulf donations were not allocated.
July 14th, 2019 - 09:02 GMT

Morocco’s Budget’s Deficit Reaches 6.9 Percent in June

Brent crude’s price jumped to $66.72 and WTI’s to $60.21 per barrel.
July 14th, 2019 - 09:00 GMT

OPEC: Oil Prices Increasing Despite Bearish Outlook

UAE delegation is in Madrid, Spain, to discuss bilateral relations with senior government officials.
July 14th, 2019 - 08:00 GMT

UAE, Spain Sign MoU to Enhance Cooperation in the Infrastructure Sector

Target to achieve $5 trillion is not far and eminently achievable.
July 14th, 2019 - 07:00 GMT

India to Reach a GDP Target of $5 Trillion Earlier than Expected

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