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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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A $3B fine will mean a $34.5 penalty per affected user and $1.26 per its 2.38 billion monthly active users - pocket change for FB.
April 28th, 2019 - 11:17 GMT

What Does a $3 Billion Fine Mean to Facebook?

US President Donald Trump.
April 28th, 2019 - 09:49 GMT

Trump: Japan to Invest $40 Billion in US Car Factories

The Spectrum of the Seas crossed the canal from north to south during its maiden voyage.
April 28th, 2019 - 09:40 GMT

World's Largest Passenger Ship Pays $964,000 to Cross Egypt's Suez Canal

The breakdown of data showed that 3.3 million tonnes of imported Brazilian products worth $240.37 million went to Oman.
April 28th, 2019 - 09:34 GMT

Brazil’s Exports to Arab Region Exceed $3 Billion in Q1 2019

Tickets will go on sale for the general public in April 2020.
April 28th, 2019 - 09:26 GMT

Interested in Attending Expo 2020 Dubai? Here's All the Info You Need

UAE and Saudi Arabia collectively accounted for 79 per cent of the announced transactions during first quarter 2019.
April 28th, 2019 - 08:09 GMT

Report: Saudi Arabia Leads GCC Merger & Acquisition Transactions

Oman scooped four regional awards at 2019 MEED Projects Awards.
April 28th, 2019 - 07:59 GMT

Oman Awarded in the Region for Its High Quality Projects

The end of the exemptions sparked fears of supply shortages, pushing oil prices to near six-month highs.
April 28th, 2019 - 07:17 GMT

Putin: Russia Won't Immediately Raise Oil Output After Iran Waivers End

During Sheikh Mohammed's visit to Beijing, major deals were signed and investments including the launch of 60 million square feet station at the new Silk Road in Dubai for Expo 2020.
April 28th, 2019 - 07:08 GMT

UAE-China Bilateral Trade to Soar to $70 Billion

Mubadala Investment Company will support the fund with the endeavour to leverage Mubadala’s networks locally and around the world.
April 28th, 2019 - 06:31 GMT

Abu Dhabi Global Market to Receive $1 Billion Investment Fund

The UAE will highlight the country's achievements and innovation in agriculture at the exhibition, which will run in Yanqing District, Beijing, from April 29 to October 7.
April 28th, 2019 - 06:13 GMT

All You Need to Know About UAE's Participation in Beijing Expo 2019

The UAE is set to play a big role in China's Silk Road initiative due to its world-class infrastructure.
April 28th, 2019 - 06:04 GMT

UAE to Play a Major Role in China's Silk Road Initiative

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