Egypt: Orascom Construction to pay dividend

A trader works at the Egyptian stock exchange in Cairo. Image for illustrative purposes. Mohamed Abd El Ghany, Reuters

The payment date will be 15 January 2025, while the record date will be 8 January

Staff Writer, Arab Finance

December 31, 2024

PHOTO
A trader works at the Egyptian stock exchange in Cairo. Image for illustrative purposes. Mohamed Abd El Ghany, Reuters

Orascom Construction declared cash dividends amounting to EGP 11.20 per share for the first nine months of 2024, according to a bourse filing on December 31st.

The payment date will be 15 January 2025, while the record date will be 8 January.

As of 30 September 2024, Orascom Construction incurred a consolidated net loss attributable to shareholders of $9.4 million, against net profits valued at $66.6 million in the year-ago period.

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