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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%.

KSA outsources work worth US$693m for achieving Saudi Vision 2030

  • The minister said by executing many projects, the non-profit sector has contributed to achieving national development.
  • He said one of the achievements has been the development of the incorporation procedures of non-profit organizations within four days.

RIYADH, SAUDI ARABIA – The Minister of Human Resources and Social Development and Chairman of the Board of Directors of the National Center for Non-Profit Sector, Eng. Ahmed bin Sulaiman Al-Rajhi, praised the contributions of the non-profit sector in achieving Saudi Vision 2030.

The Saudi Arabian government has outsourced certain type of work to the non-profit sector.

Presently, the total Outsourcing Government Services Contracts reached more than US$693 million (SAR 2.6 billion) which reflects positively on the development of non-profit organizations’ business process mechanisms, quality and efficiency.

The minister said that by executing many outstanding projects that contributed to achieving national development, sustainable impacts, and strong partnerships, with community institutions and individuals, the non-profit sector played an important role in achieving Saudi Vision 2030.  

Al-Rajhi said that one of the most notable achievements has been the development of the incorporation procedures of non-profit organizations for a duration not exceeding four days, compared to one year and a half previously.

He referred to the establishment and activation of over 20 councils for grassroots organizations and societies, as the total percentage of development spending in non-profit sector reached 71 percent.  

Al-Rajhi said that a report was launched to measure the financial performance of non-profit organizations and a fund to support associations, in addition to six investment funds in cooperation with General Authority for Endowments and Council of NGOs.

Affirming that these launches have contributed to increasing the size of development projects and their capacity for beneficiaries, and that beneficiaries are served through the electronic services system to increase the flexibility and ease of procedures.

Al-Rajhi referred to the training of 3,109 participants in the non-profit sector workforce rehabilitation initiative, explaining that the number of non-profit sector organizations had reached 4,134.

This will help support socio-economic development and improve quality of life to achieve Saudi Vision 2030, he said.