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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%.

UK PM may visit Saudi Arabia to lobby for uptick in oil output

  • Senior cabinet minister Michael Gove did not deny a report in The Times on Saturday that Prime Minister Boris Johnson is set to visit Riyadh this week
  • The newspaper said Johnson will lobby Saudi Crown Prince Mohammed bin Salman to help offset the impact of the Ukraine-linked sanctions

Britain on Sunday defended lobbying Saudi Arabia to up its oil output as energy sanctions on Russia hit Western consumers, after the Gulf kingdom executed a record number of prisoners.

Senior cabinet minister Michael Gove did not deny a report in The Times on Saturday that Prime Minister Boris Johnson is set to visit Riyadh this week.

The newspaper said Johnson will lobby Saudi Crown Prince Mohammed bin Salman to help offset the impact of the Ukraine-linked sanctions, after Britain and the United States said they were ending imports of Russian oil.

Contacted by AFP, a Downing Street spokesperson declined to elaborate on any travel plans by Johnson this week. He is due to host a defense summit with leaders of northern European countries on Tuesday.

Fallout from the sanctions on Russia has sent prices of petrol and diesel in Britain to record highs, adding to a cost-of-living crisis as household heating bills also rocket.

Johnson Thursday said Britain and its allies were moving away from dependence on Russian oil and gas, so that they were no longer “blackmailed” by President Vladimir Putin.

The White House on Wednesday was forced to deny a Wall Street Journal report that the crown princes of Saudi Arabia and the United Arab Emirates had refused to accept calls by US President Joe Biden.

The Times said Johnson was better placed to lobby bin Salman, having stayed in contact with him via WhatsApp messages.

Germany’s Economy Minister Robert Habeck on Tuesday issued an “urgent appeal” to the Saudi-led OPEC oil producers group, to increase production and “create relief on the market”.

Russia is the world’s largest producer of gas and second-largest oil producer, behind Saudi Arabia.