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Since mid-2018, Buffett and Abel have deployed roughly $92 billion of Berkshire Hathaway’s capital into a company near and dear to the Oracle of Omaha’s heart.
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Dubai: AD Ports Group posted a record quarterly net profit of Dh975 million for the third quarter, up 64 per cent from a year earlier. Revenue rose 48 per cent to Dh7.99 billion, the Abu Dhabi company reported its financial results on November 11.
Colombian power firm Celsia's net profit fell 64% to about US$8.8 million in the third quarter, as El Niño drought lifted its costs.
Charles Russon of Absa Group says the lender is converting its Nigerian office into a merchant bank and aims to lift its Kenya stake to 85% by 2028.
Precipio targets a $40 million run rate by 2027 as it expands its sales team.
