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General Assembly

The full-year cash dividends amounted to AED 2.39 billion
31 March 04:42 PM ADNOC Distribution to pay AED 1.194bn in H2 dividends
Abu Dhabi – Mubasher: The shareholders of ADNOC Distribution approved to distribute the second cash dividends of AED 1.194 billion or 9.55 fils per share for fiscal year 2019. Therefore, the full-year cash dividends amounted to AED 2.39 billion …
The Egyptian company reported net profits of EGP 16.45 million
31 March 01:39 PM Misr Cement – Qena’s shareholders nod to dividends for 2019
Cairo – Mubasher: The ordinary general meeting (OGM) of Misr Cement – Qena approved cash dividend distribution for 2019. The cement producer’s shareholders decided to distribute EGP 0.25 per share as cash dividends for last year’s earnings in May, …
Shareholders decided to distribute a total of EGP 116.76 million
31 March 01:18 PM Sarwa Capital’s OGM nods to EGP 0.10/shr dividends for 2019
Cairo – Mubasher: Sarwa Capital Holding for Financial Investments announced that its ordinary general meeting (OGM) approved cash dividend distribution for 2019. The company’s shareholders decided to distribute a total of EGP 116.76 million or EGP …
The bank will issue 32.122 million bonus shares
31 March 12:41 PM EG Bank’s OGM nods to capital raise via bonus issue
Cairo – Mubasher: The Egyptian Gulf Bank (EG Bank) announced that its shareholders approved a decision to increase its capital through a bonus issue. The bank’s ordinary general meeting (OGM) agreed to raise the issued capital by $32.122 million …
The Egyptian firm’s net profits grew to EGP 409.46 million
31 March 12:19 PM Edita’s shareholders approve EGP 0.20/shr dividends for 2019
Cairo – Mubasher: The ordinary general meeting (OGM) of Edita Food Industries approved a proposal to distribute cash dividends for 2019. The company’s shareholders decided to distribute cash dividends of EGP 145.07 million or EGP 0.20 per share, …
The OGM approved a cash dividend distribution of EGP 0.75 per share
31 March 11:58 AM Zahraa Maadi’s shareholders approve cash dividends, bonus issue
Cairo – Mubasher: The ordinary general meeting (OGM) of Zahraa Maadi Investment and Development approved a decision to distribute dividends for 2019. The company’s shareholders agreed to distribute bonus shares valued at 100% of the company’s …
The OGM has agreed on buying back the company's shares
31 March 10:55 AM Reem Investments’ OGM agrees on 14% dividends
Abu Dhabi – Mubasher: Reem Investments' ordinary general meeting (OGM) has approved to pay out 14% cash dividends for fiscal year 2019. The distribution of cash dividends stands at 14 fils per share, aggregating at an amount of more than AED …
The distribution of dividends is equivalent to 30% of the bank's paid-up capital
30 March 04:47 PM RAKBANK shareholders approve 30% cash dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of the National Bank of Ras Al Khaimah (RAKBANK) has approved distributing AED 502.873 million cash dividends or 30 fils per share for 2019. The distribution of cash dividends is equivalent …
Shareholders agreed to distribute dividends of EGP 35.5 million
30 March 02:03 PM Delta Sugar’s shareholders approve EGP 0.25/shr dividends for 2019
Cairo – Mubasher: The ordinary general meeting (OGM) of Delta Sugar approved proposed cash dividends for 2019.   The company’s shareholders agreed to distribute dividends of EGP 35.5 million or EGP 0.25 per share, according to a bourse disclosure …
The distributable profits amount to EGP 683.237 million
30 March 01:34 PM SODIC's shareholders approve to distribute EGP 0.55/shr dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of Six of October Development and Investment (SODIC) has agreed on paying out 55 piasters per share cash dividends for 2019, amounting to EGP 192.048 million. The distributable profits amounted …
The amount of dividends is equal to 27.38% of the share's nominal value
30 March 11:33 AM ADIB's shareholders nod to pay out AED 994m dividends
Abu Dhabi – Mubasher: The shareholders of Abu Dhabi Islamic Bank (ADIB) have approved to distribute AED 994.313 million cash dividends for 2019. The amount of dividend distribution is equivalent to 27.38% of the share's nominal value or 27.38 fils …
Mopco's OGM approved to pay out cash dividends of EGP 2.5 per share
29 March 04:06 PM Mopco's OGM approves EGP 2.5/shr dividends
Cairo – Mubasher: The shareholders of Misr Fertilizers Production Company (Mopco) have approved to pay out cash dividends of EGP 2.5 per share for the fiscal year (FY) ended on 31 December 2019. During the ordinary general meeting (OGM), the …
The bank’s OGM approved a capital increase of EGP 309.28 million
29 March 03:23 PM Al Baraka Bank Egypt’s shareholders approve dividends, bonus shares
Cairo – Mubasher: The ordinary general meeting (OGM) of Al Baraka Bank – Egypt approved procedures to distribute dividends for 2019. The bank’s shareholders agreed to distribute 10% of the share capital or EGP 0.70 per share at a total value of …
Shareholders agreed to double the company’s capital
29 March 02:55 PM Egypt Gas approves 2019’s dividends, capital hike
Cairo – Mubasher: The ordinary general meeting (OGM) of Egypt Gas approved a decision to distribute cash dividends of EGP 3 per share for 2019. The company’s shareholders agreed to distribute a total of EGP 72 million divided between the Egyptian …
GB Auto’s net profits dropped to EGP 223.55 million in 2019
29 March 01:01 PM GB Auto’s shareholders retract decision to merge with RGI
Cairo – Mubasher: The extraordinary general meeting (EGM) of Ghabbour Auto (GB Auto) approved a recommendation to retract its decision to merge with RG Investments (RGI). The company’s shareholders also decided to cancel all the effects resulting …
EIPICO’s net profits fell to EGP 671.4 million in 2019
29 March 12:20 PM EIPICO’s shareholders approve EGP 4/shr dividends for 2019
Cairo – Mubasher: The ordinary general meeting (OGM) of the Egyptian International Pharmaceutical Industries (EIPICO) approved procedures to distribute cash dividends for 2019. The company’s shareholders decided to distribute EGP 4 per share as …
Shareholders decided to increase the issued and paid-up capital by 15%
29 March 12:09 PM Faisal Islamic Bank approves dividends for 2019, capital raise
Cairo – Mubasher: The ordinary general meeting (OGM) of Faisal Islamic Bank of Egypt approved the proposed cash dividend distribution for 2019. The bank’s shareholders agreed to distribute $0.08 per share denominated in US dollar after zakat …
Egypt Kuwait Holding's profit increased by 21.5% annually in 2019
29 March 11:40 AM Egypt Kuwait Holding approves $0.06/shr dividends for 2019
Mubasher: The ordinary general meeting (OGM) of Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, approved the proposed cash dividend distribution of six cents per share or 24% of the share’s nominal value for …
The real estate developer reported net profits of EGP 1.94 billion
29 March 11:19 AM Talaat Moustafa Group approves EGP 182.5m dividends for 2019
Cairo – Mubasher: The ordinary general meeting (OGM) of Talaat Moustafa Group Holding (TMG Holding) approved a cash dividend distribution for 2019. The company’s shareholders agreed to distribute EP 182.5 million or EGP 0.088 per share as …
Kuwait International Bank
27 March 03:59 PM KIB approves dividends, bonus shares distribution
Mubasher: Shareholders of the Kuwait International Bank (KIB) approved the recommendation of the board of directors to distribute cash dividends for 2019. The approved dividends amount to 7 fils per share, representing 7% of the share’s par value, …
The distribution of cash dividends will be at 4 fils per share
26 March 12:46 PM Insurance House shareholders approve 4% dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Insurance House (IH) has approved to pay out 4% cash dividends for 2019. The distribution of cash dividends will be at 4 fils per share, aggregating at a total amount of AED 4.75 million, …
DFM's OGM has agreed on paying out AED 200m dividends for 2019
25 March 04:50 PM DFM's shareholders resolve 2.5% dividends for 2019
Dubai – Mubasher: The ordinary general meeting (OGM) of the Dubai Financial Market (DFM) company has agreed on paying out AED 200 million cash dividends for 2019, equivalent to 2.5% of the company's paid-up capital. The shareholders also approved …
The distribution of cash dividends represents 10 fils per share
25 March 03:33 PM NCC's board proposes 10% dividends for 2019
Dubai – Mubasher: The board of National Cement Company (NCC) has recommended distributing 10% of the share's nominal value as cash dividends for 2019. The distribution of cash dividends will be at 10 fils per share, amounting to AED 35.88 million, …
The distributions will be paid after five business days following the maturity date
25 March 02:18 PM Kuwait Insurance nods to 30 fils/shr dividend for FY19
Mubasher: The ordinary and extraordinary general assembly meetings of Kuwait Insurance Company approved the proposed cash dividend distribution of 30 fils per share or 30% of the share’s nominal value for the fiscal year (FY) 2019, after excluding …
Shareholders approved a capital reduction to BHD 89.21 million
25 March 02:12 PM Khaleeji Commercial Bank's OGM nods to delist from DFM
Mubasher: The ordinary general meeting (OGM) of Khaleeji Commercial Bank (KHCB), listed on Bahrain Bourse, has approved to delist the bank's shares from the Dubai Financial Market (DFM). During the meeting, the shareholders have authorised the …