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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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Since 2003, the French agency has been supporting the Kingdom to improve the social and economic conditions in light of the international and regional challenges
June 25th, 2019 - 10:00 GMT

Jordan to Receive 95 Million Euro Soft Loan from French Agency for Development

Jordan is a valued and trusted partner and the EU is determined to support the Kingdom at this critical time
June 25th, 2019 - 09:30 GMT

EU Grants Jordan 20 Million Euro to Help Position Private-Sector Innovation

The new budget sees a debt-to-GDP ratio of 89% by the end of June 2020
June 25th, 2019 - 09:00 GMT

Egypt Approves Budget Targeting 7.2 Percent Deficit, 6 Percent GDP Growth

Lebanon’s public debt burden, equivalent to about 150% of GDP, is one of the heaviest in the world.
June 25th, 2019 - 08:30 GMT

IMF: Lebanon Should Approve State Budget ASAP

The plant will come online by 2025 and increase Qatar's polyethylene output capacity by 82 percent.
June 25th, 2019 - 08:00 GMT

Qatar Helps Pakistan With $3 Billion Bailout Package

The improved growth will be driven by spending related to Expo 2020
June 25th, 2019 - 07:04 GMT

Dubai’s Economic Growth to Hit 3.7 Percent in 2020

The United States Fashion Industry Association (USFIA) also thinks that there no other viable alternative to Chinese suppliers for now.
June 25th, 2019 - 07:00 GMT

New Levies on Chinese Imports to Cost Americans $18 Billion a Year

ACWA Power and Silk Road Fund’s further collaboration is a mirror image of the robust and strategic ties between Saudi Arabia and China that is strengthened year after year.
June 25th, 2019 - 06:30 GMT

Silk Road Fund Acquires 49 Percent Stake in Saudi Arabia’s ACWA Power

Carrefour Group will retain a 20% stake in the business and two seats out of seven on Carrefour China’s Supervisory Board.
June 24th, 2019 - 01:00 GMT

Carrefour to Sell 80 Percent Stake in China to Suning.com

It said the average salary of expatriates working in both sectors was SR3,872 — SR3,980 for men and SR2,900 for women.
June 24th, 2019 - 12:00 GMT

Private Sector Companies in Saudi Arabia Pay 59% Less for Same Job in Public Sector

Facebook is unfortunately in the middle of a bad political decision-making process that Congress needs to address.
June 24th, 2019 - 11:30 GMT

The Difficulties Cannabis Related Companies Face on Social Media

The deflationary momentum began in Saudi Arabia and the UAE because the introduction of value-added tax (VAT) in 2018 created a high base for comparison.
June 24th, 2019 - 11:00 GMT

Deflation Continues to Rise in GCC as Consumer Prices Record Steepest Fall

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