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

    – Foreign capital inflows into Indonesia’s financial markets reached Rp131.1 trillion, about $7.33 billion, through early October 2026. Finance Minister Suahasil Nazara announced the cumulative figure during the government’s monthly state budget briefing in Jakarta. The Finance Ministry said government

    Travel

    – Türkiye has set its sights on becoming the sixth-highest-earning tourism country in the world, according to its 2027 central government budget draft. Anadolu Agency reported that the draft allocates $244.5 million to tourism, compared with $188.4 million this year.

    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

    Lifestyle

    Fresha, a leading global booking platform for lifestyle services, announced today that it has secured a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics capabilities. This financial backing will enable Fresha to innovate further within its

    Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch of their limited-edition HIGHArt Campus sneaker. This collaboration represents a fusion of art and style, as Highsnobiety’s HIGHArt, an online showcase of products and stories, inspires

    On August 23, which would have been Kobe Bryant’s birthday, Nike released a revamped classic: the Kobe 8 Protro Halo. This shoe isn’t just another pair of kicks — it’s a tribute to a basketball legend and his “Black Mamba” identity. The release was

    Luxury

    MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are projected to decline