EGB Egypt profits rise by 47% in Q1

Big 5

Cairo-based Egyptian Gulf Bank reported Wednesday a 47 percent increase in profits to reach 138.1 million pounds during the first quarter of 2017.

Earlier, profits stood at  93.7 million pounds during the first quarter of 2016.

Revenues jumped to to 1.37 billion pounds, compared with 612.05 million  pounds.

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