Democrats Win US Midterms as Saudi Energy Posts Strong Growth

Democrats have won a decisive victory in the 2026 US midterm elections, surpassing even their most optimistic expectations, according to analysis by Al Jazeera. The results have sparked debate about whether the country is turning blue or simply expressing frustration with the political establishment.

Josh Rushing discussed the outcome with Emma Vigeland, co-host of The Majority Report, and Olivia Troye, a former national security adviser to Mike Pence. The conversation explored how much of the vote was an endorsement of the Democratic Party versus a rejection of the status quo.

While American politics captures global attention, business news from the Gulf region tells a story of steady growth. Saudi Energy reported an 11.5 percent year-on-year increase in revenue to SR87.2 billion for the first nine months of 2026, with net profit rising 4.3 percent to SR12.1 billion.

The company’s earnings before depreciation, amortisation, interest, zakat and taxes increased by 6.6 percent to SR34.7 billion, supported by strategic investments and growing electricity demand. Operational highlights included a battery energy storage capacity of 22 gigawatt-hours, meeting the 2026 target, and a 16.6 percent expansion of the regulated asset base to SR278.8 billion.

Saudi Energy also announced an adjustment to electricity service tariffs effective January 1, 2027, stating the change is not expected to have a material financial impact under the existing regulatory framework.