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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%.

Gulf treads humanitarian path on Ukraine crisis

  • Saudi Arabia recently extended tourist and business visas of Ukrainian citizens without fees or fines for humanitarian considerations.
  • Russia has been slapped with unprecedently harsh economic sanctions after the invasion of Ukraine.

The invasion of Ukraine by Russia has evoked widespread concern around the world. Reactions varied from strong condemnation at world forums to harsh economic sanctions. At the same time, the world has responded to the emerging humanitarian crisis that has led to the displacement of millions of Ukrainians besides deaths and injuries.

Depending on geopolitical affiliations, several countries have stopped imports from Russia while others have initiated other harsh measures, such as the freezing of assets of several Russian oligarchs by the United Kingdom.

A sizable number of countries have apparently tried to tread a neutral path by choosing not to condemn the Russian “military operation” out rightly, but rather stress a reconciliatory approach. Many such countries abstained from a voting on a United Nations resolution on the invasion.

Among such countries are most of the Gulf Cooperation Council countries. But while they have not taken sides, they have not abdicated the humanitarian and other demands exacted by the conflict. For example, Saudi Arabia recently extended tourist and business visas of Ukrainian citizens without fees or fines for humanitarian considerations.

Trends takes a look at how GCC countries responded to the raging conflict.