GCC Corporate Earnings fall by 8% in First half of 2016. Expected to fall by 4% in 2016
Persisting lower Oil prices, liquidity squeeze and sedate global growth led to decline in GCC corporate earnings during the first half period of 2016, compared with the corresponding period a year back. During the first half of 2016 (1H16), corporate earnings in the GCC fell by 8% over the same…
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