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
– 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
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
Apple introduced the iPhone Duo on Sept. 9, marking its first foldable iPhone. The device starts at $1,999 in the U.S. and opens to a 7.6-inch inner display. When closed, it uses a 5.4-inch outer screen for standard phone tasks.
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 expanding domestic battery production as it works to reduce dependence on China. The larger challenge sits deeper in the supply chain. China still dominates battery materials, processing and key manufacturing technologies used worldwide. U.S. factories have