Middle East

OPEC has lowered its 2024 oil demand growth forecast to below 2 million bpd, while the IEA projects even lower demand growth at under 1 million bpd

The dollar gained 0.08 percent to 105.08 on Monday after marking significant gains following the U.S. Presidential election

In terms of total capacity, evaluated through available seat kilometers (ASK), there was a year-on-year increase of 5.8 percent

The offering garnered aggregate demand exceeding $37 billion from local, regional, and international investors

The move will allow global financial institutions to send fast, cost-efficient payments to Buna via Mastercard Move

The new route underscores carrier’s swift growth throughout the Kingdom as tourism and business travel climb

This initiative is part of the country's commitment to decarbonising the economy and achieving net-zero emissions by 2050

The group is currently cutting 5.86 million barrels per day of output, equal to about 5.7 percent of global demand
