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Saudi Arabia is boosting oil production in a bid to outdo rivals.
The US and France have announced separate plans to bolster security in the Gulf after a string of attacks in the region.
Female tourists visiting the ultra-conservative kingdom will be allowed to go without wearing the body-shrouding abaya robe that is still mandatory public wear for Saudi women.
It comes after Saudi Arabia made their case for a global response to suspected Iran strikes on its oil infrastructure.
Prince Abdulaziz bin Salman, the kingdom's energy minister, announced plans for Saudi Arabia to build facilities for the development of nuclear power.
The Saudi-led coalition said late on Thursday that it thwarted and destroyed four Houthi explosives-laden drones and a ballistic rocket fired in the direction of the southern Saudi city of Jazan.
Saudi Crown Prince Mohammed bin Salman warned if the global community fails to deter Iran, a war that would kill the world economy could start.
Ayatollah Ali Khamenei said there will be no negotiations between Iran and the United States as long as President Donald Trump maintains his 'maximum pressure' policy.
The GCC’s chief unannounced visit to Baghdad, where pro-Tehran factions dominate, came amid a report that Saudi Arabia and arch-rival Iran have been in backchannel negotiations for months.
Producers, including Saudi Arabia and Russia, disagree on whether to extend oil production cuts into next year.