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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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Out of the 173 private schools in Dubai, 65 offer the UK curriculum. (File photo)
March 13th, 2016 - 10:00 GMT

Dubai private schools witness explosive growth

The aircraft flew from Milan to JFK and will continue to operate to 37 destinations in the Emirates network. (Facebook/Screenshot)
March 13th, 2016 - 09:00 GMT

Emirates' AC Milan A380 takes flight

The global event is hosted by the UAE every two years. (Facebook)
March 13th, 2016 - 08:00 GMT

World's largest homeland security event to be held in Abu Dhabi

Nakheel is providing its expertise to facilitate Al Akaria's expansion in Saudi Arabia. (Hotelier Middle East)
March 13th, 2016 - 07:18 GMT

Nakheel seals deal with Al Akaria for Riyadh housing complex developments

The government’s agreement comes as thousands of protesters gathered in Riad al-Solh Square in central Beirut demanding an end to the trash crisis. (File photo)
March 13th, 2016 - 07:01 GMT

Will Lebanon's new landfill plan solve the trash crisis?

The cost to implement 4.5G throughout Lebanon is estimated at $600M over five years. (File photo)
March 10th, 2016 - 12:28 GMT

Lebanon's need for speed: Alfa to bring 4.5G service network in five years

Egypt's tourism suffered another blow following the suspicious death of Cambridge University researcher Giulio Regeni. (Wikimedia Commons)
March 10th, 2016 - 12:10 GMT

UK travel firm Thomas Cook postpones Egypt charter flights until October

An unmanned surface vehicle operated by the US Navy. (Wikimedia Commons)
March 10th, 2016 - 10:00 GMT

UAE's Al Markeb enters joint venture with Raytheon for unmanned surface vehicles production

The CBE decision is expected to help curb hikes in the US dollar rate in the parallel market. (File photo)
March 10th, 2016 - 09:00 GMT

Egypt lifts dollar spending caps for companies importing basic goods

Up to fifteen oil producing countries, which produce 73 percent of the world's oil, are prepared to freeze their oil production. (File photo)
March 10th, 2016 - 08:00 GMT

Russia to hold oil production-freeze talks late March

The MCCI fears that both private and public sectors will be weakened by the proposed policy. (Shutterstock/:
Fedor Selivanov)
March 10th, 2016 - 07:00 GMT

Saudi's reduced working week plans could cost $26.6B: Mecca Chamber chairman

Severe rains closed schools and Abu Dhabi airport, and caused widespread delays at Dubai's airport. (AFP/File)
March 10th, 2016 - 06:00 GMT

Insurance companies prepare for extensive claims following UAE storm

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