Middle-east Arab News Opinion | Asharq Al-awsat

Egypt's EFG-Hermes says Q1 net plunges 93 pct - ASHARQ AL-AWSAT English Archive
Select Page

CAIRO, (Reuters) – EFG-Hermes, Egypt’s biggest investment bank, said on Wednesday that net profit for the first quarter of 2011 plummeted 93 percent.

Net profit fell to 36.0 million Egyptian pounds from 483.6 million pounds in the first quarter of 2010, it said in an emailed statement.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube