News

    – 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

    – 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

    Travel

    – Air Arabia will launch nonstop flights between Sharjah International Airport and Amman City Airport on November 15, 2026. The new route will operate four times each week and expand the carrier’s network between the United Arab Emirates and Jordan.

    Technology

    – The European Commission has proposed a new EU Critical Communication System to connect first responders across European borders. The plan would link national networks used by police, firefighters, emergency medical services and civil protection teams. It covers all EU

    American technology giant Nvidia announced on Monday the establishment of a global coalition bringing together roughly 40 major tech and cybersecurity entities to safeguard artificial intelligence infrastructure against systemic vulnerabilities. According to official reports from Emirates News Agency, Nvidia launches

    Market participants and technology policy analysts across Silicon Valley and Washington, D.C. are evaluating a renewed wave of panic over Chinese AI following the public release of advanced open-source artificial intelligence models from foreign developers. Chinese artificial intelligence developer Moonshot

    United Nations Secretary-General António Guterres called for wider global participation in artificial intelligence governance during a major conference in Shanghai. He said AI must serve people across all regions, not only governments and companies with the largest resources. Guterres pointed

    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

    Entertainment

    CALIFORNIA: Sony Interactive Entertainment and Santa Monica Studio announced on February 12 that the original God of War trilogy is being remade, reviving the series’ Greek era in a project the studio said is still in very early development. The announcement was made during