Business
– 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
– Indonesia recorded Rp131.1 trillion, about $7.33 billion, in foreign capital inflows through early October 2026. Finance Minister Suahasil Nazara presented the figure during the government’s latest state budget briefing in Jakarta. Most foreign investment moved into government bonds and
– 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
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Technology
– 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
– 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
– Artificial intelligence is moving deeper into traditional Chinese medicine education, research and clinical support across China. Beijing University of Chinese Medicine has developed a specialized large model built around extensive TCM knowledge and learning materials. The Xinhuo TCM system
Apple has added a foldable model to the iPhone lineup with the debut of the iPhone Duo. The company introduced the device on Sept. 9, ahead of preorders opening Oct. 16. U.S. pricing begins at $1,999, while the starting price
Apple has introduced the iPhone 18 Pro and iPhone 18 Pro Max with upgrades to cameras, battery life and processing power. Both models use the new A20 Pro chip and a redesigned vapor chamber for sustained performance. Apple also added
Apple has introduced the iPhone Duo, its first foldable iPhone, with availability scheduled for October 23. The handset opens to a 7.6-inch inner display and uses a 5.4-inch outer screen when closed. Both displays share the same aspect ratio and
The United States is adding battery factories while trying to cut its dependence on China. Domestic cell production has grown, but major supply gaps remain further upstream. Chinese companies still lead global production of several materials needed for lithium-ion batteries.
Japan is expanding its response to investment fraud by using artificial intelligence to detect warning signs in consumer complaints. The Consumer Affairs Agency announced the initiative on September 1 as part of a wider anti-fraud package. The system will analyze