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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.

Egypt looks to neighbors, and beyond, for power supply

  • The ministry is studying a huge project for power linkage with Cyprus, Crete and Greece
  • Shaker said the launch of power projects to connect with Libya is a strategic goal for the two countries

In order to make sure that Egyptians get an uninterrupted supply of electricity, Egypt has taken steps to strengthen power  linkage lines with neighboring countries such as Jordan, Sudan and Libya to ensure uninterrupted electricity supply to the country, Asharq Al-Awsat quoted Egyptian Minister of Electricity Mohamed Shaker as saying.

The minister said the country is also considering expanding its efforts to Europe through maritime cables to fill existing gaps between supply and demand.

Shaker said the launch of power projects to connect with Libya is a strategic goal for the two countries.

The ministry is studying a huge project for power linkage with Cyprus, Crete and Greece.

The Egyptian Nuclear Power Plants Authority recently submitted the necessary documents to obtain permission to start construction on the first nuclear plant in El-Dabaa, Marsa Matrouh, to generate 4,800 MW of electricity.