Cairo – Mubasher: The ordinary general meeting (OGM) of Cairo for Investment and Real Estate Development (CIRA) approved a cash dividend distribution of EGP 84 million.

Shareholders will receive EGP 0.144 a share to be financed from the retained earnings for the year ended 31 August 2019, according to a bourse disclosure on Monday.

During the nine-month period ended 31 May, the company reported net profits of EGP 330.4 million, up from EGP 231.56 million in the year-ago period.