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

    – 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