Research Reports

GCC Corporate Earnings 'H1 2019

October 21 , 2019

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Executive Summary

  • GCC corporate earnings for the H1 2019 declined by 13.3% when compared with the same period for 2018.
  • This was despite 4.5% growth in earnings of banking sector in H1 2019.
  • Majority of sectors registered a decline in earnings, with commodities sector leading the rest with a decline of 57.8% followed by earnings for conglomerates which declined by 46.4% in H1 2019.
  • Going ahead, for the full year, we expect GCC earnings to remain subdued and decline by 1.8% as consumer and business sentiments remain weak amidst concern of economic slowdown globally and rising geopolitical tensions in the region.

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Experienced and qualified team of Marmore Mena Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies.

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The report spans 13 pages

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