Sunday 08, April 2012 by Robin Amlôt

EFG Hermes reports consolidated FY 2011 earnings of EGP 133 million ($22 million)

Regional investment bank EFG Hermes maintained profitability despite challenging regional and global conditions. Securities Brokerage retained its market leadership in Egypt and Dubai, Investment Banking advances in EMEA league on transactions in excess of $27 billion, and Commercial Bank posted solid organic growth. 

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more