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BYD 2025 revenue surges

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

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

Telecom Egypt and Orange Jordan’s CAB System to connect Iraq to Europe

  • The Cairo Amman Baghdad System will be ready for service in the third quarter of 2022.
  • Once launched, it will be the most advanced, scalable gateway and express route connecting Iraq to Europe using the companies’ networks, the companies said in a statement.

Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and Orange Jordan, will create a terrestrial system connecting Iraq to Europe through Jordanian and Egyptian territories.

The two companies signed an agreement under which the new system will commercially be named “Cairo Amman Baghdad System” or “CAB System”.

CAB System will be ready for service in the third quarter of 2022. Once launched, it will be the most advanced, scalable gateway and express route connecting Iraq to Europe using the companies’ networks, the companies said in a statement.

The statement said the system will capitalize on Telecom Egypt’s position, international assets, and facilities as well as Orange Jordan’s fully diversified infrastructure in Jordan.

“Integrating the companies’ distinguished and robust networks will offer reliable, low latency internet connectivity services through highly resilient, diverse routes to meet Iraq’s growing market demand,” the statement reads.