Business
– 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
– The UAE recorded $63.353 billion in outward foreign direct investment during 2025, according to UN Trade and Development. The country’s total outward FDI stock reached $402.729 billion at the end of the year. That figure stood at $55.560 billion
– Pakistan raised petrol prices again on October 6, extending an increase announced three days earlier. Petrol climbed by Rs0.88 to Rs393.64 per litre under the latest fuel revision. High-speed diesel fell by Rs1.88 to Rs397.76 per litre. The move
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas Intermediate crude traded at $90.62,
– Renault Group plans to invest more than €10 billion in France over the next five years. Chief Executive François Provost announced the commitment on October 3. The spending will support electric vehicles and lower-cost models. Renault made about 500,000
Persistent gains in fresh agricultural produce and energy commodities pushed South Korea’s September inflation rate to an annual 2.9 percent growth rate. Macroeconomic filings published by Statistics Korea confirm that severe weather patterns during the summer months disrupted national crop
– India’s Commerce and Industry Minister Piyush Goyal is visiting the United States for trade talks and a G20 ministerial meeting. The G20 Trade Ministers’ Meeting is taking place in Milwaukee on September 30 and October 1. Goyal’s U.S. schedule
Technology
– The European Commission has proposed a new communications network for emergency and security services across Europe. The EU Critical Communication System, known as EUCCS, would connect national networks used by police, firefighters and medical responders. Civil protection authorities would
Sports
Lionel Messi, Kylian Mbappé, Lamine Yamal and Erling Haaland are among the 30 nominees for the 2026 Ballon d’Or. Organizers announced the men’s shortlist on September 8 before the awards ceremony in London on October 26. Ousmane Dembélé, Rodri and
Health
Strategic capital deployments aimed at international medical sovereignty are accelerating as European authorities commit targeted funding to African healthcare systems. Ahead of the World Health Summit, the EU announces investment in health of almost €170 million to secure regional supply
Travel
– Air Arabia will start nonstop flights from Sharjah International Airport to Amman City Airport on November 15, 2026. The carrier will operate the route four times a week. The service will add another direct connection between the United Arab
