Egypt’s EFG Hermes records rise in Q3 net profit

By Yomna Yasser On Nov 11, 2015

Egypt’s EFG Hermes, one of the Middle East’s largest investment banks, reported Wednesday a rise in third-quarter net profit to 120 million Egyptian pounds ($14.94 million) from 100 million a year earlier.

Revenue rose to 668 million pounds from 585 million, the bank said.

Source: Reuters