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
– Renault Group will invest more than €10 billion in France over the next five years, Chief Executive François Provost said on October 3. The spending will focus on electric vehicles and more affordable cars. Renault produced about 500,000 vehicles
South Korea consumer price index September inflation rate recorded an annual growth of 2.9 percent, driven primarily by persistent surges in fresh agricultural products and energy commodities. Data released by Statistics Korea indicates that consumer prices maintained an upward trajectory,
– India’s Commerce and Industry Minister Piyush Goyal is in the United States for the G20 Trade Ministers’ Meeting and bilateral trade talks. The ministerial runs in Milwaukee on September 30 and October 1. India’s Commerce Ministry said Goyal will
