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Global benchmark Brent crude futures dipped 78 cents, or 0.95 percent, to $81.52 a barrel
OPEC also cut next year's demand growth estimate to 1.78 million bpd from the previous 1.85 million bpd
Among the top-ranking GCC cities were Kuwait City, Doha and Bahrain in the 3rd, 4th and 5th places, respectively
Before last week, oil prices recorded four consecutive weeks of losses amid fears of slowing economic growth
Brent oil futures slipped 0.1 percent to $79.11 a barrel
Fed's decision to hold rates for the seventh time impacted performance of global financial markets and Arab stock exchanges
The carrier’s European network already includes Budapest, Catania, Krakow, Milan-Bergamo, Prague, Salzburg, and Zagreb
U.S. dollar declined by 0.15 percent to 103.05, making greenback-priced bullion more affordable for other currency holders
Brent crude futures rose 23 cents, or 0.3 percent, to $78.56 per barrel
Markets are pricing in a 65 percent chance of a 50 basis point rate cut in September, the CME FedWatch tool revealed
Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel
Brent crude oil futures for October delivery rose 1.3 percent to $77.29 per barrel
The total number of inbound tourists reached 27.4 million tourists in 2023, setting a new record high for Saudi Arabia
Both Brent and WTI declined more than 3 percent to their lowest since January on Friday following a volatile week
OPEC+ is currently cutting output by 5.86 million barrels per day or about 5.7 percent of global demand
Traders priced in a 28.5 percent chance of a larger 50-basis-point rate cut in September
Brent oil futures for October delivery rose 0.4 percent to $79.84 per barrel
The UAE and Saudi Arabia reported 94 deals, accounting for 61 percent of the overall domestic M&A deal volume
Gold prices rose as support for the safe-haven asset strengthened amid the threat of conflict escalation in the Middle East
If the Fed signals the possibility of multiple rate cuts this year, gold prices will likely rally
Hamad International Airport welcomed 25.9 million passengers in H1 of 2024
Smaller aircraft deliveries will drive global demand with orders for 8,470 jets of up to 150-seat capacity by 2043
Brent oil futures for September delivery rose 0.5 percent to $81.40 per barrel
The new route offers travelers more convenient and affordable ways to explore a popular South Asian destination
