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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%.

Iran says Kuwait to send first envoy since 2016

  • Badr Abdullah al-Munikh, Kuwait's new ambassador, has presented his letter of credence to Iranian Foreign Minister Hossein Amir-Abdollahian
  • Saudi Arabia and Iran have had no diplomatic relations for six years, but have held talks, hosted by Iraq, since April last year in a bid to mend ties
Kuwait has sent its first ambassador to Tehran since a downgrading of relations in 2016, Iran has announced.

Kuwait recalled its ambassador and the United Arab Emirates downgraded relations with Iran after Saudi Arabia that year cut ties with its regional rival, with Bahrain following suit.

That came after Iranian protesters attacked Saudi diplomatic missions in Iran following Riyadh’s execution of Shiite Muslim cleric Nimr al-Nimr.

Badr Abdullah al-Munikh, Kuwait’s new ambassador, has presented his letter of credence to Iranian Foreign Minister Hossein Amir-Abdollahian, the official IRNA news agency reported on Saturday night.

Saudi Arabia and Iran have had no diplomatic relations for six years, but have held talks, hosted by Iraq, since April last year in a bid to mend ties.

The UAE said in July it was “considering” appointing an ambassador to Tehran, which Iran said it expected “soon”.

About one-third of Kuwait’s local population belongs to the Shiite branch of Islam, as do most Iranians.