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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

Jordan approves a slew of measures to revive tourism in Petra

    • Once a great attraction for tourists, the region was badly affected by Covid-19 curbs

    • Among the initiatives approved during a Cabinet meeting include full exemption from licensing fees

    Dealt a great blow by Covid-19, the Petra region of Jordan, once a great attraction for local as well as international tourists, is struggling to get back on its feet. In view of its troubles, the government of Jordan has approved a raft of measures to help individuals and businesses cope with the impact of the COVID-19 pandemic.

    Among the initiatives approved during a Cabinet meeting include full exemption from licensing fees and fines for 2021 for businesses which entirely shut down, a 25 percent discount for commercial establishments on all fees and fines on professional licenses and the extension of renewal period for licenses, fees and billboards, reported Arab News.

    Individuals and businesses were also granted a 25 percent reduction on construction fees and building compensations and parking allowances, on the condition they had not previously obtained the same discount.

    Jordan also granted individuals and commercial establishments in the Petra region exemption from property tax until the end of the year. King Abdullah, in an earlier meeting with representatives from the tourism industry, called for unified efforts towards a recovery of the sector, as well as enhancing its competitiveness.

    The King highlighted the need for the private and public sectors to work collectively on advancing the economy, placing emphasis on sectors that are reopening, especially tourism, Petra reported. The ruler said there was a need to relaunch tourist promotion efforts for the country’s “Golden Triangle” of Petra, Wadi Rum and Aqaba, as well as push for the “Urdun Jannah” program, which encourages domestic tourism.