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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 US will also revoke two waivers that allowed Iran to ship its excess heavy water for storage and swap its enriched uranium for natural uranium
May 4th, 2019 - 07:50 GMT

While Tightening His Grip on Oil, Trump Extends Nuclear Waivers for Iran

Companies will have to fundamentally rethink their cost structure and find ways to keep prices low and extract enough value from their current business to finance new initiatives
May 3rd, 2019 - 10:01 GMT

Report: 5 Main Shifts in Consumer Behavior in the Middle East

Egypt targets to gradually raise economic growth rate to 8 percent
May 3rd, 2019 - 09:29 GMT

Egypt Aims to Provide 900,000 Jobs Annually

World Bank President David Malpass and Egypt's Minister of Investment and International Cooperation Sahar Nasr
May 3rd, 2019 - 09:00 GMT

Egyptian SMEs Receive World Bank $200 Million Support Fund

Bahrain’s Foreign Minister, Sheikh Khalid bin Ahmed Al Khalifa
May 3rd, 2019 - 09:52 GMT

Bahrain Will Not Allow Iran to Close the Strait of Hormuz

The Middle East region saw a recovery in jewellery demand
May 3rd, 2019 - 09:45 GMT

Global Gold Demand Soars 7 Percent Due to Investors, Central Banks Support

73 per cent users in the 18-34 year-old demographic felt an emotional connection with Facebook.
May 3rd, 2019 - 09:25 GMT

These Are the Most Popular Apps in UAE

Cryptos are making its baby steps into the common man’s world.
May 2nd, 2019 - 09:00 GMT

Bahrain: A Crypto-Friendly Land of Opportunities

Apple recorded the strongest iPad growth in six years.
May 2nd, 2019 - 08:48 GMT

Apple Posts 5 Percent Decline in Revenue in Q1 2019

Saudi coast guard rescued an Iranian oil ship near Jeddah Islamic Port in the Red Sea
May 2nd, 2019 - 11:44 GMT

Saudi Arabia Rescues Iranian Oil Ship

The agenda of the Trade Cooperation Committee’s meeting featured a number of topics of common interest that were the focus of discussions and decision-making. 
May 2nd, 2019 - 09:58 GMT

Despite Blockade Against Qatar, GCC Ministers Meet to Discuss Economy, Trade in Oman

The minister had previously said that it would include austerity measures and reductions in spending in a bid to ease the budget deficit.
May 2nd, 2019 - 09:38 GMT

Lebanese Retired Public Workers Protest Salary Cuts

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