Business
– 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,
News
– 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
Sports
Lionel Messi, Kylian Mbappé, Lamine Yamal and Erling Haaland lead the 30-player shortlist for the 2026 Ballon d’Or. Organizers released the nominees on September 8 ahead of the October 26 ceremony in London. Ousmane Dembélé, Rodri and Vinícius Júnior also