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Economy, Energy

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%.

Moroccans protest against cost of living crisis

October 24, 2022 3:09 pm
  • The rally, outside parliament and witnessed by AFP journalists, came after several protests already this week in Rabat and other Moroccan cities
  • Consumer price inflation was 8.3 percent year-on-year in September, due in large part to surging food prices, which were up 14.7 percent
Rabat, Morocco– A trade union close to the main Moroccan Islamist party on Sunday mobilized several hundred supporters in the capital to protest against the high cost of living.
The rally, outside parliament and witnessed by AFP journalists, came after several protests already this week in Rabat and other Moroccan cities.It was organized by the country’s main trade union, the UNTM, which is close to the Justice and Development Party (PJD).

The PJD was routed in legislative elections in September 2021, when the liberal RNI party — led by Prime Minister Aziz Akhannouch — performed well.

“Prices are rising and the government is asleep!” protesters chanted, before dispersing peacefully after about 90 minutes.

Consumer price inflation was 8.3 percent year-on-year in September, due in large part to surging food prices, which were up 14.7 percent.

Fuel prices have also risen sharply, making Akhannouch a particular target of ire, given that he is a billionaire local oil distribution baron.

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