Another vape brand enters Kingdom as Saudis turn to e-cigarettes

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Updated 02 September 2021
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Another vape brand enters Kingdom as Saudis turn to e-cigarettes

Premium vaping brand RELX has officially launched in the Kingdom as more Saudi youth are resorting to e-cigarettes.

The vaping products are also available in the UAE and Kuwait, and signal RELX's intention to expand into the rest of the Middle East and North Africa this year.

The launch comes as concerns are increasing about the popularity of vaping, with one medical expert telling Arab News the practice should not be seen as a healthier alternative to cigarettes.

Dr. Abdulaziz Sallam, a consultant in emergency medicine at Saudi Airlines Medical Services, said: “E-cigarettes and vape devices are not an alternative to quitting smoking because they are harmful to the body just as cigarettes are because they also contain nicotine."

He also warned against other dangers posed by electronic smoking devices. “Some devices [may] explode and cause facial injuries,” he said, adding:  “It also could cause different types of cancers, bronchitis, obstructive lung disease and could affect arteries and cause cardiovascular harm."

Due to the growing trend of e-cigarettes, Saudi Arabia has announced new regulations, similar to those in Europe, governing the standards to be adopted for e-cigarette packaging and labeling.

Commenting on the launch of the brand in the Kingdom, Fouad Barakat, KSA general manager at RELX International, said: “The MENA region is one of our category’s fastest-growing markets, growing at a rate just short of 10 percent until 2024. Saudi Arabia is one of the region’s largest and most prosperous markets, hence the need for any brand to launch there if it wants to thrive and grow bigger.”

Saudi vape user Sulaiman Mukhtar said: “After quitting smoking cigarettes, I’ve always been on the search for a more trustworthy vape product. Hearing about a premium brand that’s launched in Saudi Arabia brings me comfort in choosing a better product to use as it eases quitting smoking in general.”

A female Saudi vape user, who wished to remain anonymous, said she has heard about the brand before and is excited about its launch in the Kingdom.

“I quit smoking cigarettes a couple of years ago and turned to vape because of its fruity flavors. It’s been hard to find good brands here lately so hearing that a high-standard vape brand like RELX is coming to the Kingdom is going to enhance the vaping experience for so many people.”

Despite its growing global popularity, the World Health Organization discourages the use of e-cigarettes, also known as electronic nicotine delivery systems (ENDS).

ENDS emissions generally contain nicotine and other hazardous compounds that are harmful to both users and others who are exposed to secondhand vapors.


Saudi Maaden reports 156% profit surge to $2bn on strong commodity prices, record production

Updated 05 March 2026
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Saudi Maaden reports 156% profit surge to $2bn on strong commodity prices, record production

RIYADH: Saudi mining and metals company Maaden has reported a 156 percent jump in its net profit attributable to shareholders for 2025, driven by higher commodity prices, record production volumes, and a one-off bargain purchase gain.

The state-backed giant posted a net profit of SR7.35 billion ($1.95 billion) for the full year 2025, an increase from SR2.87 billion in the previous year. The firm’s revenue surged by 19 percent to SR38.58 billion, up from SR32.55 billion in 2024.

This comes as Saudi Arabia steps up efforts to expand its mining sector as a pillar of economic diversification, encouraging international participation and private investment to unlock the Kingdom’s estimated $2.5 trillion in untapped mineral resources under Vision 2030.    

In a statement on Tadawul, the company said: “Performance was led by record phosphate production, near record aluminum production, an increase in all three of Maaden’s main output commodity prices.”

The performance was also fueled by a 60 percent increase in gross profit, which reached SR14.79 billion. In its annual results announcement, Maaden attributed the top-line growth to “higher commodity market prices for phosphate, aluminum and gold business units,” as well as increased sales volumes in its phosphate and aluminum segments. This was partially offset by slightly lower sales volume in the gold unit.

Maaden’s CEO, Bob Wilt, hailed 2025 as a transformative year for the company, marked by strategic growth and operational excellence. “This was a great year for Maaden’s strategic growth. We delivered strong financial results and sustained operational excellence across the business,” he said in a statement.

“This was driven by growth in production across all businesses, including record-breaking DAP (di-ammonium phosphatevolumes), disciplined cost control across and a clear commitment to our role as a cornerstone of the Saudi economy,” Wilt added.

Profitability was further bolstered by an increased share of net profit from joint ventures and an associate. This included a one-off bargain purchase gain of SR768 million related to Maaden’s investment in Aluminium Bahrain B.S.C. The company also benefited from lower finance costs.

The fourth quarter of 2025 was strong, with Maaden swinging to a net profit of SR1.67 billion, compared to a loss of SR106 million in the same period of the prior year. Quarterly revenue rose 7 percent to SR10.64 billion.

The firm achieved record production of di-ammonium phosphate, reaching 6.72 million tonnes for the year, a 9 percent increase. Aluminum production remained near-record levels, while the company added a net 7.8 million ounces to its reportable gold mineral resources through discovery and resource development.

The phosphate division saw sales jump 17 percent to SR20.77 billion, with the earnings before interest, taxes, depreciation, and amortization margin expanding to 47 percent. The aluminum business reported a 9 percent increase in sales to SR10.99 billion, with EBITDA more than doubling in the fourth quarter.

Looking ahead, Wilt emphasized that the pace of growth will accelerate as the company advances key initiatives, including the Phosphate 3 Phase 1 and Ar Rjum projects, which remain on budget and schedule. Maaden has also secured a gas supply for its future Phosphate 4 project.

“This pace of growth will only accelerate. Not only as we advance projects and increase the scale of our exploration program, but as we continue to grow production and implement technology that will further modernize, streamline and unlock value,” Wilt added.

Earnings per share for the year rose sharply to SR1.91, up from SR0.78 in 2024. Total shareholders’ equity increased by 18.7 percent to SR61.59 billion.