Tuesday 01, August 2017 by Georgina Enzer

Global reports KWD 8.4 million revenues, KWD 2.7 million net profit in first half 2017

Global Investment House, a regional asset management and investment banking firm headquartered in Kuwait, with offices in major capital markets in the MENA region, today announced its financial results for the first half ended 30 June 2017 reporting a net profit of KWD 2.7 million ($8.8 million) compared to a net profit of KWD 0.9 million ($3 million) in H1 2016, total revenues of KWD 8.4 million ($27.7 million), and fee and commission income of KWD 5.8 million ($19.1 million) representing 69 per cent of total revenues.

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