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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%.

Airline ‘travel pass’ app to go live in Mideast in weeks

    • Around 60,000 people have been registered to test the system

    • Emirates, Etihad Airways and Qatar Airways among the first to start testing the app in January

    The International Air Transport Association (IATA) announced Thursday its digital travel pass will “go live” in the Middle East in the coming weeks, as Europe and the US relax travel restrictions.

    Countries around the world are racing to adopt digital certificates in order to unlock an expected revival in international tourism after the coronavirus pandemic crippled the aviation industry for more than a year.

    No one vaccine certification system has yet been universally accepted or recognized, though IATA’s travel pass has gained popularity among the Gulf’s giant carriers.

    “We have received very positive feedback on the IATA travel pass,” said Willie Walsh, IATA’s director-general, in a briefing on Thursday.

    “It will go live in the next couple of weeks with a number of carriers in the Middle East region,” he added, without specifying which airlines.

    Gulf heavyweights Emirates, Etihad Airways and Qatar Airways were among the first companies to start testing the app in January, followed by several other global carriers, including Singapore Airlines.

    IATA’s pass is a mobile app that would enable passengers to create a “digital passport” to provide proof of their testing and vaccination history that can be shared with airlines and immigration officials.

    Last month, EU leaders welcomed the introduction of a bloc-wide Covid-19 pass that they hope will unlock a summer surge in tourism.

    The 27 member states want the EU Digital Covid Certificate, to be launched on July 1, to turn the page on coronavirus restrictions that have crimped Europeans’ cherished freedom of movement.

    The move came as several member states with large tourism industries, including France, Greece and Spain, eased their coronavirus restrictions.

    On Tuesday, the United States eased its warnings against travel to dozens of countries, including Japan.