Overview
- Berkshire Hathaway’s operating earnings rose 34% to $13.49 billion, with insurance underwriting profit up to $2.37 billion as large catastrophe losses eased.
- SABIC posted Q3 net profit of 440 million riyals, down 56% year on year, returning to profitability after three loss-making quarters as overcapacity pressured margins.
- stc reported nine‑month revenue of 57,924 million riyals and net profit of 11,579 million riyals, declared a 0.55 riyal per‑share Q3 dividend, and outlined a 37.5 billion riyal center3 data‑centre plan targeting 1 GW by 2030.
- Aggregate net profit at 15 listed UAE banks reached 70.27 billion dirhams for the first nine months, up about 10%, with pre‑tax earnings rising 14.28%.
- Alpha Dhabi Holding recorded 54.9 billion dirhams in Q3 revenue and 10.4 billion dirhams in net profit, reporting total assets of 205.6 billion dirhams and cash of 31.7 billion dirhams.