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– Brent crude touched $110 a barrel on Friday for the first time since May as escalating Middle East tensions raised fears of tighter supplies. Brent futures for December delivery settled $3.94, or 3.7%, higher at $109.86, the highest close
– Remittances from Egyptians working abroad rose 27.2% in the first eight months of 2026 to a record $33.9 billion. The Central Bank of Egypt reported the figures on Tuesday, October 13. Inflows stood at $26.6 billion during the same
– Oman’s total electricity production rose 4.3% year on year through August 2026, reaching 37,481.8 gigawatt-hours. Output stood at 35,935.3 GWh during the same period of 2025. Preliminary data from the National Centre for Statistics and Information showed growth across
– The African Union officially launched the Africa Credit Rating Agency, or AfCRA, in Mauritius on October 7. The new institution will focus on African sovereigns, companies and other issuers. AfCRA plans to provide independent credit assessments using African data,
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– A new ultrasonic welding method developed by Russian and Chinese scientists doubles the strength of metal joints and extends component life, TV BRICS reported. The work was carried out by researchers at South Ural State University in cooperation with
– Türkiye has set its sights on becoming the sixth-highest-earning tourism country in the world, according to its 2027 central government budget draft. Anadolu Agency reported that the draft allocates $244.5 million to tourism, compared with $188.4 million this year.
– Japan has launched a spacecraft bound for Mars on a quest to explore the planet’s mysterious moons and return samples to Earth. The Japan Aerospace Exploration Agency sent the Martian Moons eXploration (MMX) probe into space aboard an H3
– UAE Deputy Prime Minister and Minister of Foreign Affairs His Highness Sheikh Abdullah bin Zayed Al Nahyan held talks with Indian External Affairs Minister Dr. Subrahmanyam Jaishankar in Mumbai. The meeting formed part of a working visit to India
– UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with French President Emmanuel Macron in Abu Dhabi on October 19 on expanding the strategic partnership between their countries. The meeting came during Macron’s official visit to
– An earthquake of magnitude 5.6 hit Pakistan’s Balochistan province on Saturday, October 17, with its epicentre near the city of Khuzdar. The German Research Centre for Geosciences reported the tremor and said it occurred at a depth of 10