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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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An increase in the population and rising cost of treatment are the primary factors aiding Oman's healthcare market growth.  (File photo)
February 18th, 2016 - 11:00 GMT

Fit as a fiddle? Oman's health-care market to grow to $4.3B by 2020

The plant is expected to be operational in 2019. (File photo)
February 18th, 2016 - 10:00 GMT

Jordan powers up: Construction of shale-fuelled power plant to start in June

Upscale office rentals are forcing older properties to upgrade to remain competitive. (File photo)
February 18th, 2016 - 09:00 GMT

Time for a makeover for Dubai’s old office rentals

The Sukhoi Superjet 100 is a modern fly-by-wire twin-engine regional jet with 8-108 passenger seats. (Wikipedia)
February 18th, 2016 - 08:00 GMT

Egypt plans purchase of 10 Russian passenger Superjets

Al Bawaba
February 18th, 2016 - 07:00 GMT

Oil rallies following Tehran meeting, but Iran stays cool on freeze plans

Bab al-Tabbaneh, Tripoli. (Wikimedia Commons)
February 18th, 2016 - 06:00 GMT

Lebanon: Experts call for implementation of private sector partnerships law

The National Bank of Egypt has reduced the dollar limit availabilityfrom $3000 to $2000. (Taxcredits.net)
February 18th, 2016 - 05:00 GMT

Egypt's banks set dollar spending caps for customers abroad

A view inside Masdar City. (Ali Haider/EPA)
February 17th, 2016 - 01:16 GMT

From city of the future to ghost town: what's left of Masdar the green city in the UAE desert?

The agreement would have allowed stakes in Israel's biggest gas fields, Tamar and Leviathan. (Twitter)
February 17th, 2016 - 07:44 GMT

Has the natural gas deal between Jordan and Israel gone up in smoke?

New concourse D from Dubai airport. (Twitter)
February 17th, 2016 - 06:27 GMT

Dubai airport gets a makeover! New concourse opens on Wednesday

An oil refinery draws out the skyline. (Twitter)
February 17th, 2016 - 05:36 GMT

Scraping the barrel? Kuwait Petrol seeks loan for $10 billion

The Crowne Plaza in Duqm, Oman. (Twitter)
February 16th, 2016 - 02:00 GMT

Oman’s Duqm tourist complex moves forward with government approval

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