The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019. — ReutersISLAMABAD: The oil refining sector is facing growing strain due to escalating global costs and uncertainty in policy, raising concerns among industry stakeholders…
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Dubai property transactions reach Rs1.45tr in a week

Real estate property under construction is seen near the Dubai Marina, September 27, 2011. — Reuters
DUBAI : Dubai’s property market saw AED 19 billion worth of transactions last week, the Dubai Land Department reported, spanning 5,375 deals across the emirate.
Of the…
Middle East tensions pose downside risks to Pakistan’s financial stability: SBP

The State Bank of Pakistan building in Karachi. — APP/FileOil prices may stay higher longer.Global supply chains face potential disruptions.Experts rank geopolitical risks as top threat.
KARACHI: The State Bank of Pakistan has cautioned that prolonged uncertainty stemming…
Oil surges past 4% as Iran keeps Hormuz locked, defying US blockade pressure

People walk past an installation depicting a barrel of oil with the logo of the Organisation of the Petroleum Exporting Countries in Baku, Azerbaijan, November 19, 2024. — Reuters
Analysts say investors betting Hormuz disruption will be temporary.CEOs voice concerns…




