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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%.

Visa-free Russia travel on the horizon for Saudi, Oman, Bahrain, Malaysia, Kuwait

  • Russia and China have been ready to receive groups of visa-free tourists on a reciprocal basis
  • Visa-free group tourism was also launched between Russia and Iran on August 1

Sochi, Russia -.Starting in 2024, travelers from Saudi Arabia, Oman, Kuwait, Malaysia  and Bahrain may no longer need tourist visas to visit Russia,  Deputy Minister of Economic Development Dmitry Vakhrukov said on the sidelines of the FTT-2023 Forum of Tourism Territories, Tass reported.

“I reckon this could happen next year. We have already sent the proposals to our counterparts. It is a matter of intergovernmental agreements. We continue to work on it,” he said.

In September, Economic Development Minister Maxim Reshetnikov said that Russia had suggested giving up the requirement for tourist visas for travelers from Kuwait, Saudi Arabia, Bahrain, Oman and Malaysia. He hoped this would attract wealthy tourists from these countries.

Since August 1, Russia and China have been ready to receive groups of tourists on a reciprocal basis within the framework of an intergovernmental agreement on visa-free tourist group exchanges. Visa-free group tourism was also launched between Russia and Iran on August 1. Vakhrukov said visa-free group travel exchanges between Russia and India may begin next in 2024.