Middle East
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
