Business

Brent touched $110 for the first time since May before settling at $109.86, while WTI closed at $101.41 as supply fears intensified.

Egyptians abroad sent a record $33.9 billion home in January to August 2026, up 27.2%, as August inflows rose 21.7% to $4.2 billion.

Oman generated more electricity in the first eight months of 2026, while national water production declined from the year-earlier period.

AfCRA launches in Mauritius as Africa’s new independent credit rating agency, covering sovereigns, companies and financial institutions.

Pakistan’s federal SOE debt reached $36.5 billion, while losses, government support and circular debt added to the country’s fiscal strain.

UAE overseas investment stock rose to $402.729 billion in 2025, with outward FDI flows reaching $63.353 billion across major global markets.

Pakistan petrol rises again to Rs393.64 per litre as high-speed diesel drops to Rs397.76 after another October fuel price revision.

Brent held near $102 after an early rise above $103, with recovering Middle East crude exports and emergency oil stocks influencing trade.

Renault will invest over €10 billion in France, expand electric vehicle production and lift domestic output by at least 25% in 2026.

Statistics Korea reports that national consumer prices grew 2.9 percent in September driven by higher fresh agricultural expenses.