Dubai's listed companies saw a remarkable 35.8% rise in third-quarter profits, reaching $5.8 billion, in contrast to the wider GCC trend of declining profits, mainly due to falling energy and commodity prices. This growth, detailed in Kamco Invest's Q3 2023 GCC Corporate Earnings Report, was driven largely by the banking, real estate, and utilities sectors, which made up over 90% of the total earnings on the Dubai Financial Market. Ten of DFM's twelve sectors reported profit increases, while only two saw declines. More Read @ Khaleej Times
