Latest News
– Pakistan has imposed emergency measures and governor’s rule in Khyber Pakhtunkhwa after President Asif Ali Zardari approved federal recommendations on Sunday. The decision removes the Pakistan Tehreek-e-Insaf-led provincial administration from control of government functions. Prime Minister Shehbaz Sharif chaired
– Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region, according to the World Bank’s October 2026 economic update. The measure uses the international extreme poverty line of
Business
– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for December delivery settled up $3.94,
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.
– Oman’s electricity production increased 4.3% year on year during the first eight months of 2026. Total output reached 37,481.8 gigawatt-hours, compared with 35,935.3 GWh in the same period of 2025. The increase amounted to about 1,546.5 GWh. Preliminary figures
– Indonesia recorded Rp131.1 trillion, about $7.33 billion, in foreign capital inflows through early October 2026. Finance Minister Suahasil Nazara presented the figure during the government’s latest state budget briefing in Jakarta. Most foreign investment moved into government bonds and
– The African Union has formally launched the Africa Credit Rating Agency, known as AfCRA, in Mauritius. The agency will provide credit assessments for African sovereigns, companies, financial institutions and other issuers. Its launch took place in Port Louis during
– Pakistan’s federal state-owned enterprises held about $36.5 billion in debt at the end of December 2025. The total increased 14.3% from a year earlier, adding roughly $4.7 billion at current exchange rates. Pakistan’s Ministry of Finance reported the figures
Lifestyle
Adidas has unveiled Treadflow, the world’s first running shoe engineered specifically for treadmill use, marking a significant milestone in performance footwear design. Introduced earlier this month at the company’s headquarters in Herzogenaurach, Germany, the Treadflow will be available globally from
Latest News
– United Nations Secretary-General António Guterres has called for urgent and effective international action to halt environmental degradation and biodiversity loss. He made the appeal at the Leaders’ Summit in the Armenian capital, Yerevan, on Friday, October 16. The summit
– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for December delivery settled up $3.94,
– Samsung Electronics has unveiled its next-generation memory and storage strategy for artificial intelligence infrastructure at the 2026 OCP Global Summit. The company presented the plans at the event in San Jose, California, which runs from October 12 to 15.
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.