The year of revolution in Egypt has taken its toll on the country's biggest investment bank as profits at EFG-Hermes tumbled 81 per cent.
The disappointing earnings sent the stock to its lowest in more than a month, closing 3.4 per cent down at 12.4 Egyptian pounds.
Full-year profit fell to 133 million pounds (Dh80.9m) from 700.4m pounds a year earlier. EFG-Hermes blamed the decline on lower revenues because of political unrest in the region during the Arab Spring.
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