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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

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

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

Algeria president sacks finance minister after 4 months in job

  • The president "on Tuesday signed a decree ending the functions of Minister of Finance Abderrahmane Raouya," the presidency said in a statement
  • Raouya's sacking comes less than a month after Tebboune laid off central bank chief Rostom Fadli, in office for less than two years

Algerian President Abdelmadjid Tebboune sacked his finance minister on Tuesday after just four months in the job, without giving a reason.

The president “on Tuesday signed a decree ending the functions of Minister of Finance Abderrahmane Raouya,” the presidency said in a statement.

Raouya, 61, had been appointed in a February cabinet reshuffle, for his third stint in the job.

The ministry’s first secretary will take over until a replacement is appointed, the presidency said.

Raouya’s sacking comes less than a month after Tebboune laid off central bank chief Rostom Fadli, in office for less than two years, without giving any further explanation.