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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%.

Iran helps Syria build power plant in Latakia

  • Iran-based Mapna Group has been tasked with implementing the project
  • Iranian experts are aiding in this construction in an effort to assist the war-torn country in rebuilding itself

Iran is currently helping Syria build a power plant in the Latakia province of the country, said local reports on Monday, August 9.

Iran-based Mapna Group has been tasked with implementing the project, said the local reports.

Iranian experts are aiding in this construction in what the reports said was an effort to assist the war-torn country in rebuilding itself.

A number of gas turbines had been shipped to Latakia, in line with Iran’s efforts to complete the project, said the reports.

Images circulated across the social media showed huge equipment on heavy transport vehicles entering Latakia.

According to World Bank data, more than 99% of Syria had access to electricity in 2016.

However, occupation of the country by the Islamic State terrorist group dealt a blow the country’s power infrastructure, reducing energy access to around 86% of the entire population by 2018.

The new plant is expected to help bring back energy to those who lost access to it over the past decade.

Meanwhile, the country’s current condition is that it is experiencing power outages at night amid a sweltering heat wave.

Earlier local reporting claimed that the country needs 5 trillion Syrian pounds (around $4 billion) to rebuild what was once the region’s best power grid.