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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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There are rumours that some M&As in insurance industry are in the pipeline.
April 14th, 2019 - 06:57 GMT

Insurance Sector Projected to Witness Majors Mergers in GCC Soon

Dubai and Abu Dhabi are ranked second and ninth in terms of highest average rental returns.
April 14th, 2019 - 06:47 GMT

UAE Properties Offer One of Best Returns Worldwide

Workforce in Bahrain are likely the happiest when it comes to paid leaves.
April 13th, 2019 - 09:29 GMT

Bahrain Provides Most Number of Leave Days Globally for Expats

Fintech has been recognised as a primary tool for achieving long-term development goals for the financial sector.
April 13th, 2019 - 09:09 GMT

Qatar Recognizes Fintech as Key Tool for Achieving Development Goals

The Securities and Exchange Commission also charged Naqvi and Abraaj’s asset management arm with misappropriating money from its heathcare fund.
April 13th, 2019 - 08:41 GMT

UAE Abraaj Executive Arrested on US Fraud Charges

The number of Saudis seeking work reached 970,229 during the fourth quarter of 2018
April 11th, 2019 - 12:04 GMT

Almost 14,000 Saudis Secure Jobs in March Due to Saudization Efforts

Growth is also being undercut in less direct ways.
April 11th, 2019 - 11:54 GMT

Will the Western Economies Fall Into the 'Japanification' Trap?

It is increasingly expensive to pay for elements of a middle class lifestyle such as private healthcare, education and owning a home, while middle earners are experiencing ‘dismal income growth or stagnation’.
April 11th, 2019 - 11:08 GMT

The Middle Class Lifestyle: 'A Boat in Rocky Waters'

Protests were held by hundreds of Moroccan teachers in front of the education ministry in Rabat on Wednesday.
April 11th, 2019 - 11:01 GMT

Morocco: Hundreds of Teachers Protest for Job Security in Sixth Week of Strike

U.S. Secretary of Treasury Steve Mnuchin
April 11th, 2019 - 10:22 GMT

US Affirms Progress on Trade Deal With China

Ghosn said he was the victim of a "conspiracy" by "backstabbing" executives at Nissan who had engineered his arrest to prevent a merger between the Japanese automaker and its alliance partner Renault.
April 11th, 2019 - 09:45 GMT

Ghosn Claims to Be a Victim of 'Conspiracy', 'Backstabbing'

China now has the world’s largest carbon-trading exchange.
April 11th, 2019 - 09:35 GMT

Will Egypt Follow China's Steps in Green Investing?

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