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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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The financing will also support a program to extend rotating loans to citizens to start their own projects. (Shutterstock)
February 15th, 2016 - 10:00 GMT

Jordan: $338 million allocated for health, infrastructure development in governorates

A model shows construction plans for Egypt's new capital city, another major administrative city project. (File photo)
February 15th, 2016 - 09:00 GMT

Egypt to construct over 450,000 housing units for workers in new administrative cities

The investment is also expected to help reduce greenhouse gas emissions in Lebanon. (Shutterstock)
February 15th, 2016 - 08:30 GMT

Lebanon gets $7 million IFC loan to support clean energy, address energy shortage

The Khazzan reservoirs have the potential to be a major new supply of gas for Oman. (Shutterstock)
February 15th, 2016 - 07:00 GMT

BP to develop next phase of Oman's Khazzan gas field

After overcharging for natural gas over a four-year period, Iran has agreed to pay Turkey back, either in the form of cash or more natural gas supplies. (Shutterstock)
February 15th, 2016 - 06:00 GMT

Iran to pay Turkey in gas or cash from arbitration over prices

New market research shows UAE residents are spending more prudently and putting away extra cash. (Shutterstock)
February 15th, 2016 - 05:00 GMT

UAE consumers reign in shopping with recession sentiments on the rise

While global trade remains sluggish, emerging markets and stabilizing employment figures should boost growth. (File photo)
February 14th, 2016 - 01:00 GMT

Expert: 2016 hopeful for steady economic growth worldwide

Minister of Planning and International Cooperation Imad Fakhoury meets with representatives of the private sector in Amman. (Photo courtesy of Ministry of Planning and International Cooperation)
February 14th, 2016 - 12:00 GMT

Jordan set to review economic laws impacting private sector

The eight-lane, 62-kilometre highway is an extension of Mohammad Bin Zayed Road. (File photo)
February 14th, 2016 - 11:00 GMT

Life is a highway: Alternative Dubai-Abu Dhabi route underway

Educational leaders in GCC countries plan to continue investing in technology to raise the quality of education for students. (Shutterstock)
February 14th, 2016 - 10:00 GMT

Education spending to hit $150 billion in IT for advanced learning

Employees work at the Siba oil field from Egypt's state-owned Petrojet in southern Iraq, 30 kilometers south of Basra, on February 5, 2016. (AFP/Haidar Mohammed Ali)
February 14th, 2016 - 09:00 GMT

How to save the oil industry from itself

A rendering shows the future Omantel headquarters in Muscat, which profits from the $130 million sukuk would help fund when issued. (HDR Inc.)
February 14th, 2016 - 08:00 GMT

Omantel postpones $130 million sukuk over high interest rates

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