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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 works behind-the-scenes to douse Gaza violence

  • Egyptian mediation efforts began on Friday when Israel launched attacks on what it described as Islamic Jihad targets
  • An Islamic Jihad delegation may travel to Cairo later on Saturday

Egypt is working to calm the latest escalation in Gaza that has included a barrage of rockets launched by Islamic Jihad militants in response to deadly Israeli air strikes, multiple sources said Saturday.

An Egyptian security source told AFP in Gaza that Cairo’s mediation efforts had been ongoing since Friday when Israel launched attacks on what it described as Islamic Jihad targets.

“We hope to reach a consensus to return to calm as soon as possible,” the source said.

Israeli army spokesman Richard Hecht had earlier referred to Egyptian mediation when briefing reporters about the bombardment, without providing specifics.

An Egyptian source separately said that a delegation from Islamic Jihad may head to Cairo later Saturday.

Hamas, the Islamist group that has controlled Gaza since 2007, has so far stayed clear of the latest round of Gaza violence, but was also in talks with Egypt.

Its Doha-based leader Ismail Haniyeh has held talks with “Egyptian intelligence” over the violence, a Hamas statement said.

Egypt, a historic broker between Israel and armed groups in Gaza, negotiated the ceasefire that ended an 11-day conflict in May of last year.