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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 completes first stage of world’s largest aquifer project

  • The full scale of the ASR project can store up to 6,000 million imperial gallons of water once completed by 2025 as a strategic reserve.
  • The production capacity of desalinated water of DEWA is currently 490 MIGD, including 63MIGD using Sea Water Reverse Osmosis (SWRO) technology.

Dubai Electricity and Water Authority (DEWA) has completed the construction of the first stage of the Aquifer Storage and Recovery (ASR) project for desalinated water and has started the operations and testing stage.

The full scale of the ASR project can store up to 6,000 million imperial gallons of water once completed by 2025 as a strategic reserve.

This makes it the largest ASR of its kind in the world to store potable water and retrieve it in case of an emergency. This will secure the Emirate with an additional source of potable water strategic reserve of 50MIGD for 90 days in emergencies, while ensuring the quality of the stored water.

Saeed Mohammed Al Tayer, MD & CEO of DEWA, said that the new project supports DEWA’s efforts to increase the storage capacity of Dubai to reach 7212 MIG in 2025 when compared to the present storage capacity of 822 MIG.

He said that besides the ASR project, DEWA is working on a 120 MIG reservoir in Al Nakhali and another 60 MIG reservoir in Al Lusaily.

The ASR project increases the sustainable production of water in Dubai. It uses clean solar power to desalinate seawater using the latest Reverse Osmosis (RO) technologies. Excess water is stored in aquifers and pumped back into the water network when needed. The cost of this innovative integrated model is less than the cost of traditional reservoirs, and is a sustainable, eco-friendly, economical solution. It also emphasizes Dubai’s ability to anticipate and shape the future.

The production capacity of desalinated water of DEWA is currently 490 MIGD, including 63MIGD using Sea Water Reverse Osmosis (SWRO) technology. By 2030, SWRO will help expand its production capacity to 303 MIGD, increasing it to 730 MIGD of desalinated water by 2030.