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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 recent Capacity Middle East 2019 event in Dubai highlighted the developments in subsea segment. (Shutterstock)
March 23rd, 2019 - 08:00 GMT

How 5G Positions UAE as Global Connectivity Hub

Saudi Arabia and UAE embrace blockchain despite a crash in coin prices. (Shutterstock)
March 23rd, 2019 - 07:00 GMT

Will the GCC Lead the Digital Currency World?

Many fear, with good reason, that fossil-fuel interests will exploit solar geoengineering to oppose emissions cuts.  (Shutterstock)
March 23rd, 2019 - 06:00 GMT

Geoengineering, a Double-Edged Sword

Tech Park. (Twitter)
March 23rd, 2019 - 05:03 GMT

UAE Launches Tech Start-Up Hub From Recycled Shipping Containers

The project aims to create a “human space that will bring back the human life to Riyadh. (Shutterstock)
March 22nd, 2019 - 07:00 GMT

Saudi Arabia to Create Largest Public Park in the World

The strategic food security facilities and warehouses at Hamad Port have capacity to stockpile processed and stored food for 3 million people for two years. (Shutterstock)
March 22nd, 2019 - 06:30 GMT

Qatar Increases Efforts to Achieve Food Security

Finnovex ME 2019 brought together over 300 delegates from eight countries including the UAE, Saudi Arabia, Bahrain, Jordan, Kuwait, Lebanon, Oman and Egypt. (Shutterstock)
March 22nd, 2019 - 06:00 GMT

FinTech Expected to Improve Financial Health of People in GCC

Gulf Air operates five weekly nonstop flights between Bahrain and Athens and provides excellent two-way connectivity between the two countries and beyond. (Shutterstock)
March 21st, 2019 - 12:14 GMT

Gulf Air Named 'Fastest Growing Airline' in Middle East

The UAE allocated Dh10.3 billion for education in 2019 budget. (Shutterstock)
March 21st, 2019 - 11:52 GMT

The Effect of Oversupply of Schools on UAE's Educational Sector

Egypt sought to raise more than EGP100 billion in the budget of 2016-2017. (Shutterstock)
March 21st, 2019 - 11:05 GMT

Egypt Aims to Reach 6.1 Percent GDP, 7.2 Percent Budget Deficit

Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google's rivals from placing their search adverts on these websites. (Shutterstock)
March 21st, 2019 - 10:59 GMT

EU Fines Google for Third Time in 2 Years

Tourists from Germany ranked at the top of the arrivals list with 13 percent. (Shutterstock)
March 21st, 2019 - 10:14 GMT

Travel and Tourism Contribute to Egypt’s GDP by 11.9 Percent

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