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Egypt's EFG Hermes posts 57 pct rise in Q3 profit

EFG Hermes, one of the Middle East's largest investment banks, posted on Tuesday a 57.4 percent year-on-year increase in third-quarter net profit after minority interests to 100.40 million Egyptian pounds ($14.04 million). The company said profit was boosted by its core investment banking operations, with revenue growth in fees and…

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