
Orascom Development Egypt to pay dividends for 2024
Orascom Development Egypt announced a cash dividend distribution of EGP 0.384 per share for 2024, according to a bourse disclosure issued on April 15th.
Orascom Development Egypt posted a 9.89% uptick in its consolidated net profits after minority interest, recording EGP 3.108 billion during 2024.
Meanwhile, the standalone net profits after tax amounted to EGP 1.334 billion at the end of December 20024, compared to EGP 1.657 billion in 2023.
© 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
3 days ago
- Zawya
Egypt: Kima registers over $16.32mln profits in 9M-24/25
Cairo – Egyptian Chemical Industries (Kima) logged net profits after tax valued at EGP 811.65 million in the first nine months (9M) of fiscal year (FY) 2024/25, an annual hike from EGP 102.28 million. Basic earnings per share (EPS) jumped to EGP 0.40 in 9M-24/25 from EGP 0.054 as of 31 March 2024, according to the financial results. Meanwhile, the sales witnessed a year-on-year (YoY) leap to EGP 6.39 billion from EGP 4.61 billion. Kima targets generating net profits of EGP 1.36 billion and EGP 9.53 billion in revenue for FY 25/26. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (


Zawya
4 days ago
- Zawya
Gold prices in Egypt surge on Monday
Arab Finance: The gold prices in Egypt jumped on Monday, with the 24-karat rising to EGP 5,320 per gram for purchasing and EGP 5,348.5 for selling, iSagha's data showed. Likewise, the 22-karat gold price hiked to EGP 4,876.75 for buying and EGP 4,902.75 per gram for selling. The 21-karat gold also rose to EGP 4,655 per gram for purchasing and EGP 4,680 for selling. The 18-karat gold amounted to EGP 3,990 per gram for buying and EGP 4,011.5 for selling. The gold pound's price stood at EGP 37,240 for purchasing and EGP 37,440 for selling. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
4 days ago
- Zawya
EGP strengthens slightly against USD on Monday
Arab Finance: The exchange rate of the US dollar to Egyptian pound traded at EGP 49.64 for purchasing and EGP 49.74 for selling at Banque Misr on Monday at 1:03 PM. Likewise, the exchange rate registered EGP 49.64 for buying and EGP 49.74 for selling at the National Bank of Egypt (NBE) at 1:09 PM. Also, at the Commercial International Bank Egypt (CIB), the US dollar recorded EGP 49.64 for purchasing and EGP 49.74 for selling. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (