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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 IMF team have reached a staff-level agreement on economic policies that could be supported by a 39-month Extended Fund Arrangement (EFF) for about US$6 billion
May 13th, 2019 - 09:31 GMT

IMF Rescues Pakistan With $6 Billion Bailout Package

QC organised 170 activities including conferences, seminars and meetings in 2018.
May 13th, 2019 - 09:10 GMT

Qatar Claims to Be a Key Investment Destination

Authorities have conducted a study that will help improve the end-of-service benefits system in the country.
May 13th, 2019 - 09:02 GMT

UAE Mulls Setting Up Retirement Funds for Expats

There were 2,043 expats working in clerical occupations in Oman in March 2019, with a decrease of 7.9 per cent compared to the previous year.
May 13th, 2019 - 08:23 GMT

Omanisation Targets Senior, Managerial Positions

The report attributed increased supply in the retail real estate market to higher vacancy rates.
May 13th, 2019 - 08:15 GMT

Report: Demand for High-End Properties in Qatar Soars Due to Plummeting Prices

The UAE foreign ministry had reported that four commercial vessels were targeted near its territorial waters.
May 13th, 2019 - 08:06 GMT

Two Saudi Oil Tankers Were Targets of ‘Sabotage Attack’ off UAE Coast

The Saudi response to Iran sanctions could lead to higher oil production.
May 13th, 2019 - 07:38 GMT

Report: Fiscal Surplus in Saudi Arabia Unlikely to Last Despite Non-Oil Economic Growth

India saw the third highest outflow of wealthy individuals last year.
May 13th, 2019 - 07:10 GMT

Nearly 5,000 Millionaires Left India, and Here's Why

Brent crude price will hold above $70 a barrel in second quarter.
May 13th, 2019 - 06:12 GMT

What Will the Barrel's Price Be in This Fluctuating Oil Market?

Bahrain’s IT market is expected to grow by eight per cent annually to BD70 million by 2021
May 12th, 2019 - 09:00 GMT

Bahrain’s IT Market to Reach $70 Million

Lebanon's economy is struggling with soaring debt, rising unemployment and slow growth.
May 12th, 2019 - 10:14 GMT

Austerity Talks Fuel the Lebanese Streets

Musk had called Unsworth a "paedo" in a July 15 post on Twitter after Unsworth.
May 12th, 2019 - 09:43 GMT

Musk Going to Trial in Defamation Case

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