– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for December delivery settled up $3.94,
– Samsung Electronics has unveiled its next-generation memory and storage strategy for artificial intelligence infrastructure at the 2026 OCP Global Summit. The company presented the plans at the event in San Jose, California, which runs from October 12 to 15.
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.
– Flooding across Thailand has killed 71 people since September 16, according to the Interior Ministry. The disaster has affected 51 provinces during the period and left large areas under water. As of October 12, floods remained active in 20
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Business
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.
– Oman’s electricity production increased 4.3% year on year during the first eight months of 2026. Total output reached 37,481.8 gigawatt-hours, compared with 35,935.3 GWh in the same period of 2025. The increase amounted to about 1,546.5 GWh. Preliminary figures
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.
– Air Arabia will resume daily nonstop flights between Ras Al Khaimah and Kozhikode, India, on October 16, 2026. The service will restore a direct air link between the UAE emirate and the coastal city in Kerala. The airline announced
– Dubai-based airline flydubai is participating in the inaugural Syria Travel Show taking place in Damascus from 28th to 30th September 2026. The three-day exhibition, held under the patronage of the Syrian Ministry of Tourism, brings together regional aviation executives,
Dubai-based flag carrier Emirates has entered the northern winter travel period with robust forward booking metrics across its international network, outpacing initial corporate projections. The performance follows a high-density summer operational cycle during which the airline transported more than 8.6
Technology
– Samsung Electronics has unveiled its next-generation memory and storage strategy for artificial intelligence infrastructure at the 2026 OCP Global Summit. The company presented the plans at the event in San Jose, California, which runs from October 12 to 15.
– Meta has introduced Muse Wonder and Muse Wonder Full, its most capable artificial intelligence models to date. The company designed the new systems for coding, long-running AI agents and complex personal or professional tasks. Meta said the models can
Automotive
Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second
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
In a world where we are inundated with options for almost everything, the name Starbucks stands out as the epitome of coffee culture, connecting billions of people across diverse geographies. How did a single coffeehouse chain from Seattle gain the global notoriety