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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%.

Dewa, Stanford to build PV system at Al Maktoum Solar Park

    • Dewa will reportedly use its Space-D program to build this system at the park that has a planned capacity of 5,000MW by 2030

    • The new system is expected to reduce errors in the forecast to less than 10%

    Dubai Electricity and Water Authority and Stanford University will collaborate to develop an advanced system to forecast photovoltaic or PV production at the Mohammed bin Rashid Al Maktoum Solar Park, said local reports on Friday, July 23.

    Dewa will reportedly use its Space-D program to build this system at the park that has a planned capacity of 5,000MW by 2030.

    The new system is expected to reduce errors in the forecast to less than 10%, the reports quoted Dewa as saying in a statement.

    This will support the utility’s efforts to achieve the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai’s total power capacity from clean energy sources by 2050, said the reports.

    The system will apparently use technologies such as artificial intelligence, deep learning, high-density cameras on the main satellite, and a network of metrological stations to predict irradiance, dust and cloud movement, which can affect PV performance.

    Dewa MD and CEO Saeed Mohammed Al Tayer was quoted by the reports as saying: “We are collaborating with Stanford University at Dewa’s R&D Centre through our membership in the Energy 3.0 program from the university.”