September 7, 2026

February 25, 2026

Oil Hovers Near Seven-Month Highs

London: Oil prices held around seven-month highs on Wednesday. Brent futures were up 33 cents at $71.10 a barrel by 1127 GMT, while West Texas Intermediate (WTI) futures gained 22 cents to $65.85.

According to Emirates News Agency, Brent prices reac…

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Korea Wage Job Growth Hits Q3 High

Dubai: The Republic of Korea recorded the fastest growth in wage jobs in three quarters during the third quarter of last year, government data showed Tuesday. The number of wage employee positions stood at 20.92 million as of the end of August, up 139…

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Magnitude 5.5 Earthquake Strikes Papua New Guinea

Port moresby: A magnitude 5.5 earthquake struck Papua New Guinea, the German Research Centre for Geosciences (GFZ) said.

According to Emirates News Agency, the earthquake occurred at a depth of 90 km (56 miles). The GFZ provided details about the se…

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New Oil Well Begins Production in Egypt’s Gulf of Suez

Cairo: The Egyptian Ministry of Petroleum and Mineral Resources has announced the start of crude oil production from a new well, “Belayim Marine 133,” located in the Belayim Marine field in the Gulf of Suez. The well has commenced operations at an ini…

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Wall Street Sees Gains as Gold Dips from Recent Highs

New york: Major indices on Wall Street closed higher on Tuesday, driven by a rally in technology stocks, while gold prices retreated to $5,149 per ounce at the time of publishing. The decline sees the precious metal receding from a three-week peak, gi…

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