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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%.
  • Elon Musk’s X supports US student in trouble over posts

    Dubai, UAE--Elon Musk’s X has made good on its promise to back users who are being punished for statements they make on his social media platform, coming to the defense of a University of Illinois student after the school launched disciplinary proceedings against him over statements he made on Twitter,...
  • External players give tough race to UAE’s e-commerce

    The external e-commerce players, projected to grow by 19.2 percent from 2022 to 2026, are expected to capture a share of 34 percent of the total online shopping in the UAE.
  • GCC ripe for digital banking growth

    A high penetration of digital technologies and a tech-savvy younger consumer base among the factors that make the region a fertile ground for the flourishing of online banking. The present laws and regulations in most GCC countries have significantly influenced this sector's development. Aiding the region in its embrace of...
  • Saudis count the cost of technology overuse

    As the use of the modern technology deepens in Saudi Arabia, its adverse effects are being felt across the gender and age in the whole kingdom.
  • UAE residents splurge on food and beverages, cut back spending on expensive goods

    73 percent of consumers have admitted to changing their shopping habits The spending power of people has taken a big hit due to Covid The coronavirus pandemic has seen a drastic shift in consumer behavior in the world and the United Arab Emirates (UAE) has been no different in this...