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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Algeria and Russia aim to boost military ties

  • Moscow has for decades been a major supplier of arms to Algeria, which has one of Africa's most powerful armies
  • Algeria, a major gas supplier to energy-hungry Europe, has maintained warm ties with both its European neighbours and Moscow

The head of Algeria’s army hosted Russia’s top security official on Monday to discuss boosting their military ties, the defence ministry in Algiers said.

General Said Chengriha said the visit of National Security Council secretary Nikolai Patrushev reflected both countries’ “firm desire to strengthen their historic and strategic partnership… in particular in the area of military cooperation”.

Patrushev said Russia was working to “further strengthen” their relations.

He also met Algerian President Abdelmadjid Tebboune, according to images shown on state television.

Tebboune is set to visit Russia in May.

Moscow has for decades been a major supplier of arms to Algeria, which has one of Africa’s most powerful armies.

Algeria, a major gas supplier to energy-hungry Europe, has maintained warm ties with both its European neighbours and Moscow, despite Russia’s invasion of Ukraine.

Bilateral trade between Russia and Algeria was worth $3 billion in 2021, despite the coronavirus pandemic.