#regional conflict
3 articles with this tag
EconomySabic Achieves Profitability in Q3 Amidst Revenue Growth and Regional Challenges
Saudi Basic Industries Corporation (Sabic) has returned to profitability in the third quarter, reporting a net profit of 500 million Saudi riyals, driven by increased revenue and improved operating performance despite regional conflicts. The company also advanced its strategic objectives, including portfolio optimisation and the sale of its engineering thermoplastics business.
EconomyUAE Hiring Surges in Q3, Outpacing Gulf Rivals Amidst Regional Economic Headwinds
Hiring in the UAE rebounded significantly in the third quarter, reaching 4% and outpacing other Gulf nations, despite ongoing regional uncertainties. The recovery was driven by business demand, particularly in sectors like energy, finance, and strategy, though companies remain cautious about the year ahead.
PoliticsEgypt's Foreign Minister Urges Intensified Efforts to Prevent Wider Regional Conflict
Egypt's Foreign Minister Badr Abdelatty has called for increased efforts to de-escalate regional tensions and prevent conflict from widening, emphasizing the need to protect regional security and stability. The minister also discussed the Iranian file, Egypt-Gulf relations, the Gaza Strip, water security, and the situation in Sudan.