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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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MENA markets ended February in green, but pressures remain due to falling oil prices. (File photo)
March 7th, 2016 - 05:30 GMT

Qatar considering international debt markets to bridge deficit

British Airways, Air France-KLM, and Saudi Arabian Airlines are among the carriers affected. (Twitter)
March 6th, 2016 - 01:15 GMT

Egypt sets terms for dollar payments to foreign airlines

MGM's Creed, starring Sylvester Stallone, is now showing on OSN. (OSN)
March 6th, 2016 - 12:00 GMT

OSN renews partnership with MGM Studios

Aster DM acquired a majority stake in Riyadh's Sanad Hospital in October 2015. (Arabian Post)
March 6th, 2016 - 11:00 GMT

Private players eye opportunities in Saudi's expanding healthcare market

The expected failure of Parliament to ratify the budget and Cabinet to approve two critical oil decrees weighs heavy on the economy,” the survey said. (File photo)
March 6th, 2016 - 10:00 GMT

Lebanon braces itself for credit rating downgrade

Mohammed Abdul Latif Jameel, President of Abdul Latif Jameel and Mohamed Alabbar, Chairman of Emaar Properties. (ALJ)
March 6th, 2016 - 09:00 GMT

Abdul Latif Jameel plans $2B Saudi expansion

The proposal involves infrastructure investments of $300M and the establishment of 120 factories. (AFP/File)
March 6th, 2016 - 08:00 GMT

Gulf consortium seeks approval for $3B industrial city in Suez Canal Economic Zone

Saudi's decision to halt aid the decision came after Lebanese officials took positions at Arab League and Islamic group meetings “which were not in harmony with the ties between the two countries.” (AFP/File)
March 6th, 2016 - 07:00 GMT

French arms intended for Lebanon to be diverted to Saudi Arabia

Gaza Strip residents have no electricity for 16 hours a day due to limited fuel and capacity. (AFP/Mohamed Abed)
March 6th, 2016 - 06:00 GMT

Israel's energy ministry opens talks for Leviathan gas imports to Gaza

The loan will be invested in energy, agriculture and telecom. (Twitter)
March 6th, 2016 - 05:00 GMT

National Bank of Egypt gets a $700M loan from China

Miramax is one of the most iconic film brands in the world. (LinkedIn)
March 3rd, 2016 - 02:30 GMT

Miramax bought by Qatar's BeIN Media

Dubai Taxi Corporation manages over 4,600 cabs in the emirates. (Shutterstock)
March 3rd, 2016 - 02:00 GMT

Limo at your fingertips: Dubai Taxi Corporation challenges Careem and Uber

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