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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

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

PIF of Saudi Arabia to launch tourism on ‘THE RIG’

  • “THE RIG” will span a combined total area of more than 150,000 square meters
  • It will provide a multitude of hospitality offerings, adventures, and aquatic sporting experiences

Public Investment Fund of Saudi Arabia has announced the launch of ‘THE RIG,’ a new tourism project on oil offshore platforms to be located in the Arabian Gulf.

“THE RIG” will span a combined total area of more than 150,000 square meters and provide a multitude of hospitality offerings, adventures, and aquatic sporting experiences, the PIF said in a statement.