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Kuwaits Global Investment posts 611m Q2 loss |
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Wednesday, 17 August 2011 01:49 |
Kuwait: Kuwait's Global Investment House reported a net loss of KD16.7m ($61.1m) in the second quarter of the current year, compared to a net loss of
KD20.2m in the year-earlier period, backed by fee-based income and lower operating costs, Reuters has reported. Global, which said its first half results were hit by political unrest in the Middle East and North Africa, posted a KD38.7m net loss in the period, compared to a loss of KD34.4m in the first half of 2010. [AMEInfo.com]
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