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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 delegation of digital economy from the U.S. is expected to pay a visit to Turkey in May.
April 21st, 2019 - 08:40 GMT

Turkey, US Increase Efforts to Boost Trade

Saudi Aramco made its first strategic investment in South Korea nearly 30 years ago when it bought a 34.99% stake in South Korean refining firm S-Oil in August 1991.
April 21st, 2019 - 08:30 GMT

Saudi Aramco Makes Second Major Investment in South Korea

The company is focused on creating mobile apps, games and other digital platforms for the Middle East and North Africa (Mena) region.
April 21st, 2019 - 08:15 GMT

Chinese Tech Firm Launches Regional HQ in Bahrain, Aims to Invest $50 Million

GDP growth read 6.4% y/y in Q1, the same pace as in Q4 but beating consensus forecasts of 6.3%.
April 21st, 2019 - 08:00 GMT

Report: China’s Economy Responds to Healthy Policy Stimulus

Huawei last year surpassed Apple to become the world’s second-largest smartphone manufacturer behind Samsung.
April 21st, 2019 - 07:19 GMT

CIA Accuses Huawei of Receiving Funding From Chinese State Security

Arrivals from France increased 24.7 percent, while the Dutch market developed around 13.5 percent.
April 21st, 2019 - 07:04 GMT

Tunisian Tourism Sector Revives With 17.4 Percent Increase in Arrivals

There are 31 communities across the emirate of Dubai where Dh5 million worth of investment can get a 5-year visas.
April 21st, 2019 - 06:26 GMT

Here's How You Can Secure Long-Term UAE Visa

Left with no cash to continue flying, the once-mighty Jet Airways on Wednesday suspended operations temporarily.
April 20th, 2019 - 07:56 GMT

Lenders Keen on Utilizing 15 Jet Airways Planes After Its Crisis

Millionaires flock to Dubai due to a range of exceptional business incentives.
April 20th, 2019 - 07:43 GMT

This Is Why Millionaires Choose Dubai

A number of legal risks are involved in the use of social media in the UAE
April 20th, 2019 - 07:32 GMT

Avoid UAE Courts by Knowing the Do’s and Don’ts of Social Media

Switzerland has always had proper banking ties with Iran.
April 18th, 2019 - 10:28 GMT

Iran, Switzerland to Reinforce Joint Banking Ties

Often new cryptocurrency exchanges are located in obscure places where regulation is not mature.
April 18th, 2019 - 10:19 GMT

Here's What to Expect When You List Your Token on a Rogue Cryptocurrency Exchange

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