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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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Government should look into it in order to attract more investment in manufacturing sector. (Shutterstock)
March 17th, 2019 - 08:00 GMT

Investors Demand Taxes on Trucks to Be Reviewed in UAE

Lebanon launched a crackdown on corruption, leading to the arrest of dozens of people in ministries and official departments. (Shutterstock)
March 17th, 2019 - 07:50 GMT

Lebanon to Combat Corruption With New 'Anti-Corruption Commission'

Over the last four years there has been a diverse shift in the demographic mix of Saudi Arabia’s labor market. (Shutterstock)
March 17th, 2019 - 07:08 GMT

The Role of Saudi Women in Real Estate Sector

Qatar witnessed a further increase in employment in February. (Shutterstock)
March 16th, 2019 - 08:11 GMT

More Jobs in Qatar Despite Blockade

Turkey continues to be holiday hub for Russia. (Shutterstock)
March 16th, 2019 - 07:58 GMT

Russian Tourists Boost Turkey's Tourism

The reasons for cancellation of the $3.2bn oil facility by the UAE could not be immediately ascertained. (Shutterstock)
March 15th, 2019 - 07:12 GMT

Pakistan Fails to Secure $3.2 Billion UAE Oil Facility

Libya’s total oil production currently stands at around 1.17m bpd, according to Bloomberg. (Shutterstock)
March 15th, 2019 - 06:43 GMT

Libya’s High Oil Production Puts Pressure on OPEC Deal

The Emirate is in the top spot globally in terms of high-end technology transfers. (Shutterstock)
March 15th, 2019 - 06:39 GMT

More Than $21 Billion Invested in AI and Robotics in Dubai

GCC countries must invest in research and innovation to ensure a steady supply of high-quality chemicals. (Shutterstock)
March 14th, 2019 - 12:52 GMT

Research and Innovation Key to Oil Sector’s Sustainability' for GCC Countries

GCC countries this year will face weaker oil output compared to 2018 levels. (Shutterstock)
March 14th, 2019 - 11:32 GMT

Moody's: Weaker Oil Output to Put Pressure on GCC Deficits, Weaken External Positions

The COFE App founded in the summer of 2017 has already attracted venture capital investment from around the Arab world. (Shutterstock)
March 14th, 2019 - 11:12 GMT

Kuwait-Based App to Change Global Coffee Consumption Habits

Apple Is Losing Iranian Market Due to US Sanctions. (Shutterstock)
March 14th, 2019 - 09:47 GMT

Apple Is Losing Iranian Market Due to US Sanctions

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