Oil, miniatures of oil barrels, oil pump jack and US dollar banknote are seen in this illustration taken on June 6, 2023. — ReutersBrent crude oil jumps ~7% to $96.85 in early Asian trade.S&P 500 futures fall ~0.9% as risk sentiment weakens.Euro slips 0.3%, yen eases ~0.2% against US…
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Dubai property market hits AED624 billion in 11 months
A colourful laser show lights up the Burj Khalifa, the world’s tallest building, in Dubai on September 23, 2025. — AFP
DUBAI: Dubai’s property market continued its record-breaking run in 2025, with real estate transactions reaching AED624.1 billion in the first 11 months of…
Consumers to bear Rs2.95tr burden amid power sector’s deepening financial strain
A representational image of a transmission tower. — AFP/FileNepra forecasts consumers to pay Rs1,92bn in capacity payments.Rs1,023bn to be paid under Energy Purchase Price next year.Consumers to bear distribution margin of Rs4.09 per unit: Nepra
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Oil ticks higher as Iran’s refusal to meet US envoys dims ceasefire hopes
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. — ReutersBrent and WTI futures rise in early trade.Iran to meet mediators rather than US officials.US crude inventories fell 6.1m barrels last week.
Oil prices…