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GAMI

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%.

  • Saudi ministry signs 23 deals worth $3.46 bn at first defense show

    The Saudi Ministry of Defense (MoD) announced the closing of 23 deals worth more than SR 13 billion ($3.46 billion) with local and international companies on Wednesday, the fourth day of World Defense Show 2022, the kingdom’s first defense show. The MoD signed five deals with the Saudi Arabian Military...

  • Two Saudi defense firms sign contract to build SkyGuard UAV

    Saudi Arabia's General Authority for Military Industries (GAMI) and Saudi Arabian Military Industries (SAMI) have signed a contract for the development and manufacture of the SkyGuard UAV. SAMI also signed an agreement with the Prince Sultan Defense Studies and Science Research Center (PSDSARC) for developing the UAV. The Skyguard UAV...

  • Saudi defense sector opens up for investment

    Saudi Arabia has opened up its defense sector for local and international companies to invest in, and in this direction it will launch a digital platform for investors.