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 البلاد
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البلاد

2026-11-13T12:19:04.399Z

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Al-Ayyam Marks 58 Years

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Gold's Safe-Haven Role

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Saudi Profits Jump 50%

Saudi Profits Jump 50%

Profits of companies listed in Saudi Arabia’s energy sector rose 50.04% year on year in the third quarter of 2026 to $38.71 billion, supported by improved product margins and higher sales and revenues. Saudi Aramco accounted for 94.65% of the sector’s profits, with its profits climbing 41.26% to $36.64 billion. Bahri’s profits surged 890.66%, while Petro Rabigh returned to profitability. Sector revenues rose 24.66% to $133.07 billion for the quarter, and profits for the first nine months of the year totaled $105.64 billion, up 42.82% year on year.

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