ArabFinance: Nile City Investments (NCIN) decided to distribute cash dividends worth $1.40913 per share for the period ended June 30th 2021, with the eligibility for shareholders on a record date of January 25th, according to a bourse filing.

The cash dividends will be paid to shareholders as of January 31.

In December 2021, the companys ordinary general meeting (OGM) approved to distribute cash dividends worth a total of EGP 172.17 million, equivalent to EGP 22.068 per share, to shareholders for the period ended June 30, 2021.

Nile City Investment is an Egypt-based public shareholding company engaged in the real estate development and investment sector. It invests in real estate developments, mainly residential, commercial, and administrative unit buildings.

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