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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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3D printed office in Dubai.
July 7th, 2019 - 12:01 GMT

Construction 3D Printing Market Set for Over 16 Percent Growth by 2025

$62 million worth of nano products were exported to these countries last year.
July 7th, 2019 - 11:10 GMT

Iran’s Nano Exports to Hit $1 Billion by 2025

The Central Bank of Iran has just announced a ban on activities around cryptocurrencies while such measure has not still turned into a law.
July 7th, 2019 - 10:56 GMT

Iran's ICT Minister Calls for Regularization of Crypto- Mining

Iran set up and registered a counterpart to INSTEX called Special Trade and Financing Instrument between Iran and Europe (STFI) to pave the way for bilateral trade. 
July 7th, 2019 - 09:02 GMT

INSTEX Halted Due to EU Procrastination in Bank's Introduction to Iran

That is the equivalent of all Japanese exports grinding to a halt for two years.
July 7th, 2019 - 08:40 GMT

US-China Trade War Could Cost the World Nearly $1.5 Trillion in Lost Trade

Saudi Arabia's Energy Minister Khaled al-Falih arrives at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) for meeting on July 01, 2019 in Vienna, Austria.
July 7th, 2019 - 08:28 GMT

Saudi Increased Oil Supply Failed to Offset Iran, Venezuela Losses in June

The sharp outflows of foreign funding sparked by the June 2017 outbreak of the GCC crisis have gradually reversed over 2018.
July 7th, 2019 - 08:08 GMT

Qatari Banks’ Outlook Stable Despite Blockade

The top 10 per cent of workers in the world receive 48.9 per cent of total global pay and the bottom 50 per cent earn just 6.4 per cent.
July 7th, 2019 - 07:44 GMT

Over 35 Percent of Jordan’s Labour Income Goes to 10 Percent of Workers

The sources said 13,000 illegal expatriates, including 11,047 men and 1,953 women, were currently being held in various detention centers in the country.
July 7th, 2019 - 07:16 GMT

Saudi Arabia Deports Over 800,000 Expats Since November 2017

Johnson will drive down the pound even further should he win the leadership contest.
July 7th, 2019 - 06:37 GMT

What Will Happen to the Pound After Brexit? And What's Its Impact on UAE?

The UAE's economic growth reached a two-year high of 2.8 per cent in the fourth quarter of 2018.
July 7th, 2019 - 06:22 GMT

Oil Cuts to Slowdown UAE's Economic Growth in 2019, Expo2020 to Revive It Next Year

 Amazon CEO Jeff Bezos and wife MacKenzie Bezos at Vanity Fair Oscar Party in Beverly Hills, California, US on March, 4, 2018.
July 7th, 2019 - 06:11 GMT

Bezos Finalises Divorce, MacKenzie Gets $38 Billion

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