09.10.2009 - Cairo's investment bank targets Saudi
From Gulf-daily-news.com: Cairo-based investment bank EFG-Hermes shifted exposure on its Middle East Focus List away from Egypt and towards Saudi Arabia, saying a neutral stance was now right for the local market due to its recent strength. Egypt's benchmark stock index was trading at around 6,693 points in mid-session trade yesterday, nearly doubling in value since a year low of 3,380 hit in February. The Hermes index has also soared in value this year....................Full Article: Source