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GCC corporate profits surge to record $74.8bn as oil boosts earnings

Arab News

BusinessArab News·Sep 6, 2026·1 min read

GCC corporate profits surge to record $74.8bn as oil boosts earnings

RIYADH: Companies listed across the Gulf Cooperation Council posted a record $74.8 billion in net profits in the second quarter of 2026, up 31.3 percent year on year, driven by gains in the energy and banking sectors, according to an…

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