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GCC corporate profits to decline in Q2 2009

Posted on 16 July 2009

From Business24-7.ae: Gulf corporate profits are expected to recede in the second quarter of 2009 and real estate, banks and petrochemicals will be the main victims.

For the whole year, listed firms in three Gulf Cooperation Council (GCC) states – the UAE, Kuwait and Bahrain – will record positive growth in their earnings…….Full Article: Source

 
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