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The UAE’s Strategic Shift: Why the Pivot to Asia Is a Survival Necessity

The geopolitical landscape of the Middle East is shifting beneath our feet. While the world watches the friction of the U.S.-Iran conflict, the United Arab Emirates (UAE) is quietly-and brilliantly rewriting its economic destiny. It’s no longer just about being a bridge between East and West; the U AE is fundamentally deciding that its future lies in the East. Navigating Beyond the Shadow of Regional Conflict In my view, the UAE’s recent distancing from traditional blocs like OPEC and the GCC isn't just a policy change; it’s a masterclass in strategic autonomy. For decades, the Gulf states have been viewed through the lens of Western dependency. However, the recent waves of drone and missile threats have proven that the UAE can no longer afford to be a bystander in a -dangerous neighborhood. By pivoting to Asia, the Emirates is seeking strategic depth that the West simply cannot provide in the current climate. Why the UAE’s Exit from OPEC Was a Bold Power Move The decision to leav...
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How much consumers likely to face per unit hike in basic tariff?

 


Power consumers likely to receive another ‘shock’ as the National Electric Power Regulatory Authority (NEPRA) is set to take up CPPA’s plea seeking a hike of Rs5 per unit in the base tariff

Preparations are underway to impose an additional burden of over Rs 310 billion on electricity consumers.

As per details, the electric power regulator will decide on the Central Power Purchasing Agency (CPPA) plea tomorrow, which is seeking a hike in the base tariff for the FY2024–25.

CPPA has presented seven scenarios for power purchase prices, with an estimated range of Rs 25.03 to Rs 27.11 per unit.

A report by the power division indicated that the circular debt was Rs 2,310 billion as of June 2023, marking an increase of Rs 325 billion over the following seven months up to January 2024.

These developments signal continued financial strain on electricity consumers and highlight ongoing challenges within Pakistan’s power sector.

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