Investment Securities Boost Profits 7% At Saudi Cairo
In common with many other Saudi banks, Saudi Cairo has produced a modest 7% improvement in net earnings to SR212mn ($57mn), following a dip in 1994 and nearly - but not quite - returning to the record profits it reported in 1993. The dividend has been broadly maintained at the level of the previous two years. The profits have come as a result of much improved earnings from investment...
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