VOL. XXXIX

No. 25

18-March-1996

SAUDI ARABIA

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...