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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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Aabar invests globally in diverse sectors such as real estate, aerospace, energy and financial services.  (Arab Economic News)
March 22nd, 2016 - 05:02 GMT

Abu Dhabi's Aabar Investments lands $4B loan deal

(L-R) Deborah Snyder, Diane Lane, Gal Gadot, Amy Adams, Ben Affleck, Zack Snyder, Henry Cavill, Jesse Eisenberg, Holly Hunter, Tao Okamoto, and Charles Roven attend the "Batman V Superman: Dawn Of Justice" New York. (AFP/Dimitrios Kambouris)
March 21st, 2016 - 02:14 GMT

Turkish Airlines sponsors 'Batman vs Superman' world premiere in NYC

The Ministry of Commerce and Industry suspects up to 60 percent of mobile phone shops are cover-up businesses for expatriates. (AFP/File)
March 21st, 2016 - 12:00 GMT

Go Saudi or go to jail: Warning for violators of new Saudization law

The companies will analyse fields in the Ghasha and Hail areas through seismic, drilling and engineering studies, with the aim of potential field development. (File photo)
March 21st, 2016 - 11:00 GMT

Austria's OMV, Occidental and ADNOC to conduct offshore exploration in Abu Dhabi fields

Exhibitors at the Automech Formula 2014. (Automech Formula)
March 21st, 2016 - 10:00 GMT

Egypt's auto industry players gather at the Automech Formula exhibition

Mövenpick Hotels & Resorts plans to increase its KSA footprint from 10 to 15 properties by 2018. (On Hotels)
March 21st, 2016 - 09:00 GMT

Movenpick to open hotel-apartment development in Jeddah

Workers use a front-loader to move piles of garbage from Jdeideh, a Beirut suburb, to the country's largest landfill of Naameh, just south of the Lebanese capital, on March 20, 2016.  (AFP/Anwar Amro)
March 21st, 2016 - 08:00 GMT

Back to square one? Lebanon trash back at Naameh landfill

The SFD projects will be implemented by the armed forces in North and South Sinai. (AFP/File)
March 21st, 2016 - 07:00 GMT

Egypt inks $1.5B deal with Saudi fund for Sinai development

Russian Emergency Ministry rescuers examine the wreckage of a crashed airplane at the Rostov-on-Don airport on March 20, 2016. (AFP/Vasily Maximov)
March 21st, 2016 - 06:00 GMT

Flydubai crash may hamper expansion plans in Russia

Iran has signed an agreement to export 10 billion cubic metres of gas per year to Oman in a deal that involves building a pipeline at a cost of about $1 billion. (File photo)
March 21st, 2016 - 04:57 GMT

Iran in talks to process liquified natural gas in Oman

Turkey ranks fourth on the top exporters to Palestine.  (TripAdvisor)
March 20th, 2016 - 01:30 GMT

Turkey-Palestine free trade agreement increases exports nine-fold to $82.2M in 2015

Egypt’s net international reserves have been stagnating at around $16.5 billion. (File photo)
March 20th, 2016 - 12:30 GMT

Egypt's pound devaluation: 'Positive results should outweigh near-term negative effects'

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