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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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Boeing 737 Max.
July 8th, 2019 - 11:55 GMT

Saudi Airline Cancels £4.7 Billion Order for Boeing 737 Max Jets

British Airways has 28 days to appeal. 
July 8th, 2019 - 10:16 GMT

British Airways Faces $229 Million Fine Over Customer Data Breach

Palestinian and Jordanian finance ministers discussing cooperation in the Jordanian capital, Amman.
July 8th, 2019 - 10:04 GMT

Jordan, Palestine to Link Customs Electronically on Their Joint Crossings

Zaatari Refugee Camp - Jordan.
July 8th, 2019 - 10:03 GMT

138,000 Syrian Refugees Obtain Work Permits in Jordan

Strive Masiyiwa.
July 8th, 2019 - 09:18 GMT

Company Controlled by ‘Zimbabwe’s Richest Man’ Faces Bankruptcy

It was found that the expatriate in question had contravened the regulations which forbid non-Saudis occupying such posts.
July 8th, 2019 - 08:30 GMT

30 Saudis Rehired After They Were Wrongly Dismissed by an Expat

The lender announced the job losses on Sunday as part of a restructuring plan that will ultimately cost $8.31 billion.
July 8th, 2019 - 08:29 GMT

Deutsche Bank Starts 18,000 Global Job Cuts by Eliminating Teams in Asia-Pacific

Saeed Mohammed Al Tayer with a high-level delegation from the Brunei Ministry of Energy, Manpower, and Industry, MEMI.
July 8th, 2019 - 08:14 GMT

Dubai Explores Cooperation Opportunities With Brunei

In terms of geographic locations where sales activity was the most dynamic, Al Reem Island topped the list with transactions worth more than Dh4.371 billion.
July 8th, 2019 - 07:30 GMT

Abu Dhabi's H1 Real Estate Transactions Generate $8.4 Billion

Kuwait Airport.
July 8th, 2019 - 07:00 GMT

Kuwait Testing Facial Recognition Technology in Its Airport

Eligible applicants can recover an unlimited amount of taxes incurred if the said amount is transferred to their card.
July 8th, 2019 - 06:13 GMT

UAE Sets Daily Cash Limit per Tourist for VAT Refunds at $1,905

GCC's relatively young population is also seen as major future contributor in the transformation and diversification of economies.
July 7th, 2019 - 03:34 GMT

Liquid Assets, Low Debt Levels to Keep GCC Resilient to Global Economic Slowdown

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