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Kuwait Corporate Earnings 'H1 2019

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Executive Summary

  • Kuwait corporate earnings grew by 2% in H1 2019 from same period last year.
  • Banks, Telecom and Conglomerates sectors contributed in the positive earnings growth while real estate and construction related activities and commodities sector registered a decline in earnings.
  • For the entire year 2019, we expect earnings to grow by 4.4 % in 2019, due to continued overall growth momentum.

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