– Pakistan represents about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region. The World Bank reported the figure in its October 2026 regional economic update. The lender measured poverty using the

    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

    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

    Technology

    – The European Commission has proposed a new communications network for emergency and security services across Europe. The EU Critical Communication System, known as EUCCS, would connect national networks used by police, firefighters and medical responders. Civil protection authorities would

    Sports

    Lionel Messi has ended his international career with Argentina after 21 years at senior level. The 39-year-old leaves with national records for both appearances and goals. Messi played 207 matches for Argentina and scored 125 times. His international career included

    Lionel Messi has ended his international career with Argentina after 21 years at senior level. The 39-year-old leaves with national records for both appearances and goals. Messi played 207 matches for Argentina and scored 125 times. His international career included

    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

    Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and

    SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates and placing one of the brand’s core products into the premium EV market. The launch

    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

    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

    In the vast universe of luxury brands, Rolex occupies a unique celestial body, twinkling with prestige, precision, and timeless allure. It’s a name that, for over a century, has been synonymous with excellence in watchmaking. While many brands have come and gone,