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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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In the GCC region, the non-oil sector in the GCC is expected to be the primary engine of growth in 2019.
April 18th, 2019 - 06:43 GMT

UAE's Real Estate Sector to Remain Weak Despite GDP Growth

During the event
April 17th, 2019 - 11:28 GMT

DED Hosts Workshop for Retailers and Suppliers to Ensure Preparedness for Ramadan

The first airline in the world to operate a single-use plastic free flight on an ultra-long haul sector
April 17th, 2019 - 10:48 GMT

Etihad Airways to Operate Single-Use Plastic Free Flight on Earth Day as Part of Its Commitment to Sustainability

The core development team at ILCOIN will focus on smart contract development of its SHA-256 blockchain.
April 17th, 2019 - 08:35 GMT

Tech Startup Becomes First to Implement Smart Contracts

Binance Coin is currently the seventh-biggest cryptocurrency by market cap.
April 17th, 2019 - 07:39 GMT

Visa, Coinbase to Launch Cryptocurrency Card

Kuwait’s population rose 2.7 percent y/y in 2018 (end-year) to reach 4.6 million.
April 17th, 2019 - 07:33 GMT

Report: Kuwait’s Population Growth Declines Due to Kuwaitization Efforts

No passengers were onboard the Luftwaffe’s Global 5000 jet.
April 17th, 2019 - 07:28 GMT

Disruption at Berlin's Airport Due to Plane Crash

Jordan is keen on enhancing cooperation with the UAE.
April 17th, 2019 - 07:19 GMT

Jordan Works Closely With UAE to Enhance Government's Performance, Public Services

The contribution from the oil sector to growth will again weaken in 2019.
April 17th, 2019 - 07:13 GMT

Saudi Arabia's Economy to Continue to Grow Despite Minimal Growth in Oil Sector

The Asian markets received the bulk of the Omani crude oil exports during March 2019.
April 17th, 2019 - 07:01 GMT

Oman Crude Production Exceeds 30 Million Barrel in March

The current real estate scene in Dubai is optimistic for prospective buyers.
April 17th, 2019 - 06:53 GMT

Real Estate Investors Return to Dubai as Prices Continue to Fall

The total GDP increased from 34.1 per cent in 2017 to 40.4 per cent in 2018.
April 17th, 2019 - 06:44 GMT

Abu Dhabi's GDP Exceeds $253 Billion in 2018

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