08/22/2011
Saudi-Egyptian Bank discussions to be finalised in September
Both sides have agreed that there should be a public share offering at a later stage. This would help to integrate the Egyptian and Saudi Arabian capital markets.
Investment Banking
08/14/2011
Egypt's EFG-Hermes sees Q2 net profit fall by 19%
Net profit fell to 79 million Egyptian pounds ($13.2 million) from 97 million pounds in the second quarter of 2010, it said in an emailed statement.