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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%.
  • RAKEZ inks MoU with ICFA to foster trade in food, agriculture

    RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA)...

    This alliance seeks to create opportunities for knowledge exchange, trade promotion, investment, and research and development collaboration.

    The agreement is set to facilitate promotional activities for trade, market access, and business matchmaking opportunities between UAE and India.

  • Kuwait calls for border talks with Iran over gas field

    KUWAIT CITY, KUWAIT -  Kuwait reinvited Iran on Monday to talks on their sea borders after Tehran said it was ready...

    Iran and Kuwait have held unsuccessful talks for many years over their disputed maritime border area, which is rich in natural gas.

    Saudi Arabia is also a part of the dispute since it shares with Kuwait maritime gas and oil resources in the area.

  • Climate change spells ‘truly terrifying’ future of hunger, suffering: UN

    On current policy trends, the planet will be 2.8C warmer by the end of the century, according to the UN's...

    UN human rights chief Volker Turk told a debate on the right to food that extreme weather events were wiping out crops, herds and ecosystems.

    "Our environment is burning. It's melting. It's flooding. It's depleting. It's drying. It's dying," he said, evoking a "dystopian future".

  • PIF, ADQ show highest improvement in GSWF sustainability rankings

    PIF ranked seventh with a score of 92 (on the GSR score of 100), followed by Mubadala (88), among the...

    Global SWF said it observed a very significant increase in the overall score across funds from 59 percent in 2022 to 63 percent this year.

    PIF, Abu Dhabi’s Mubadala and ADQ, Qatar’s QIA, and Bahrain’s Mumtalakat have embraced the rating tool and taken the opportunity to improve practices.

  • Saudi Arabia summons Swedish ambassador over Quran burning

    The kingdom had already condemned Wednesday's incident in which an Iraqi citizen living in Sweden stomped on the Muslim holy...

    Momika's Quran burning triggered widespread anger among masses and strong reactions from Arab countries

    The Organization of Islamic Cooperation has called for collective measures to avoid such incidents in future

  • PwC culls a raft of senior execs after Australian tax scandal

    PwC Australia has been mired in controversy since January this year, when it emerged that staff had leaked information from...

    Accounting giant PwC named eight partners who had "enabled poor behaviours to persist with no accountability" -- including former Australian chief executive Tom Seymour

    Australian police have been investigating the leak since late May, while the parliament's powerful finance committee is gearing up to grill executives at a series of public hearing

  • Yellen to visit China, raising need to ‘responsibly manage’ ties

    In Beijing, Yellen will discuss how the United States views its economic relationship with China, a senior Treasury official said...

    Yellen is expected to discuss with her counterparts the importance for both countries to responsibly manage our relationship, communicate directly about areas of concern

    Yellen's planned July 6-9 trip comes just weeks after Secretary of State Antony Blinken met China's top leader President Xi Jinping and Foreign Minister Qin Gang in Beijing

  • British lawmakers call for ‘fresh approaches” to seek Egyptian dissident’s release

    London, United Kingdom--Over 100 British lawmakers on Monday expressed concern at the lack of progress in the case of a jailed...

    Alaa Abdel Fattah, the rights campaigner, is serving a five-year prison sentence for "spreading false news" by sharing a Facebook post about police brutality

    The lawmakers call for fresh "approaches" as in their opinion private lobbying of the Egyptian government even at the higest levels is yet to deliver results

  • Israeli army kills one Palestinian in West Bank: Palestinian health ministry

    The city of Jenin and its adjacent refugee camp are a regular site of confrontations between Israeli forces and Palestinian...

    Israeli army said its forces had struck a joint operations center, which it claimed served as a command post for the "Jenin Brigade", a local militant group

    The army said the early Monday operation had targeted an "observation and reconnaissance" site, as well as a weapons storage facility

  • Dubai Customs, Japan seize drugs worth $310m from Tokyo port

    DUBAI, UAE- Dubai Customs has assisted Japanese customs authorities in intercepting a significant quantity of illicit drugs. Up to 700...

    Up to 700 kilograms of "methamphetamine" powder, worth $310 million, were concealed within a cargo ship.

    The successful operation led to the apprehension of both the cargo ship and the illegal drugs at Tokyo Port.