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    Pakistan bears largest share of rising MENAAP poverty

    – Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region, according to the World Bank’s October 2026 economic update. The measure uses the international extreme poverty line of

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    Africa launches first continental credit rating agency

    – 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

    News

    Pakistan bears largest share of rising MENAAP poverty

    – Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region, according to the World Bank’s October 2026 economic update. The measure uses the international extreme poverty line of

    Business

    Africa launches first continental credit rating agency

    – 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

    Technology

    EU proposes secure EUCCS network linking first responders

    – 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

    Travel

    Air Arabia adds new Sharjah to Amman City Airport route

    – 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.

    Automotive

    Jaguar Type 01 electric GT debuts with 1,030 PS

    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

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    Luxury

    Global luxury market contracts for first time since Great Recession

    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

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