
Egypt: Delta Insurance's OGM greenlights $3.9mln cash dividends for 2024
Arab Finance: Delta Insurance's ordinary general meeting (OGM) approved the payment of cash dividends worth EGP 200 million or EGP 2 per share for 2024, according to a bourse disclosure.
The dividends will be distributed over two equal instalments, with the first instalment to be paid within a month from the general assembly's meeting that was held on April 23rd, 2025.
Meanwhile, the second instalment will be distributed at the end of August 2025.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
2 hours ago
- Zawya
World Bank raises forecast for Egypt's FY2024/25 GDP growth by 0.3%
Egypt - The World Bank Group (WBG) has upgraded its projection for Egypt's real gross domestic product (GDP) growth for the current fiscal year (FY) 2024/2025 to 3.8%, up by 0.3% from a January forecast of 3.5%, according to the bank's recent Global Ecnomoc Prospects report. Meanwhile, the WBG maintained its projection for the upcoming FY 2025/2026 economic growth at 4.2%. Also, the bank forecasts Egypt's GDP to grow to 4.6% in FY 2026/2027. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
3 hours ago
- Zawya
Egypt: Arab Cotton Ginning's consolidated profits fall 93% YoY in 6 months
Egypt - Arab Cotton Ginning Company witnessed 93% year-on-year (YoY) lower consolidated net profits after tax at EGP 18.929 million in the first six months of fiscal year (FY) 2024/2025, as per the financial indicators. The recorded net profits were compared with EGP 157.086 million in the six-month period that ended on December 31st, 2023. Basic earnings per share (EPS) plunged by 94% to EGP 0.07 from EGP 1.15, while the sales dropped by 30% to EGP 958.813 million from EGP 1.368 billion. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
6 days ago
- Zawya
Egypt: ICMI shifts to $42,282 consolidated losses in Q1 2025
Arab Finance: International Company for Medical Industries (ICMI) swung to consolidated net losses attributable to the holding company valued at EGP 2.136 million in the first quarter (Q1) of 2025, according to the financials. The net losses were compared with the net profits of EGP 482,703 registered in Q1 2024. Loss per share reached EGP 0.041 at the end of March 2025, against earnings per share (EPS) of EGP 0.011 in the year-ago period. Revenues hiked to EGP 22.412 million from EGP 11.586 million. Regarding the standalone business, the company turned to net losses worth EGP 1.588 million in the first three months of 2025, when compared to profits amounting to EGP 93,948 in Q1 2024. Non-consolidated loss per share hit EGP 0.028 in Q1 2025, versus a profit per share of EGP 0.002 a year earlier. The revenues jumped to EGP 1.251 million from EGP 996,113. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (