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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.

Egypt and Greece to sign a deal for power interconnection

  • It will constitute the first interconnection between Europe and Africa in the Southeastern Mediterranean region
  • The agreement comes a week after Egypt’s signing of an $1.8 billion electrical connection project with Saudi Arabia

Egypt and Greece will sign a preliminary deal to build an electricity interconnection between the two countries in Athens on Thursday, Athens-Macedonia news agency (AMNA) reported.

The deal, to be signed by the Greek environment and energy minister Costas Skrekas and the Egyptian minister of electricity Mohamed Shaker, constitutes the first interconnection between Europe and Africa in the Southeastern Mediterranean region, AMNA cited.

The agreement comes a week after Egypt’s signing of an $1.8 billion electrical connection project with Saudi Arabia.