Saudi Egyptian Investment profits rise to 18.2mn pounds in 9 months

Saudi Egyptian Investment and Finance’s profits increased to 18.2 million Egyptian pounds ($1 million) during the first nine months of this year, its financial indicators showed on Sunday.

Earlier, profits stood at 16.3 million pounds during the first nine months of 2017.

Profits rose to 13.7 million pounds during the six months ended last June from 11.6 million pounds during the same period in 2017.

Saudi Egyptian Investment and Finance is an Egypt-based public shareholding firm that is engaged in undertaking investment activities in different business sectors as well as providing different financial services.