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Egypt’s Investor Fund supporting brokerage firms mid-April
14 - Tue - Apr - 2020
Egypt’s Investor Fund supporting brokerage firms mid-April
The Investor Protection Fund (IPF) in Egypt will start paying its contribution portion to certain members of the fund on April 15th.The fund will pay the allotment to brokerage and securities companies, according to a statement.This step will be executed at the IPF’s headquarters at…
TMG Holding to pay EGP 182.5M dividend in installments
14 - Tue - Apr - 2020
TMG Holding to pay EGP 182.5M dividend in installments
TMG Holding (TMGH) announced that the payment of the EGP 0.088 a share, representing 2019 cash dividends, will be in two equal installments.With a total value of EGP 182.5 million, the first dividends installment will be EGP 0.044 a share and to be paid on May…
Egypt target 4.5% GDP growth in FY 2020/2021
14 - Tue - Apr - 2020
Egypt target 4.5% GDP growth in FY 2020/2021
Egypt aims to achieve an economic growth rate of 4.5% for the Fiscal Year (FY) 2020/2021, according to an April 13th preliminary statement issued by the Finance Ministry.The country aims to reduce the public debt to gross domestic product (GDP) ratio to 82.8% and the total deficit to…
Sarwa Capital to start paying 2019 dividends late April
14 - Tue - Apr - 2020
Sarwa Capital to start paying 2019 dividends late April
Sarwa Capital Holding for Financial Investments (SRWA) announced the payment date for fiscal year 2019 cash dividends to be on April 29th.Meanwhile, the ex-dividend of the EGP 0.10 a share distribution will be on April 26th, according to an EGX statement.On March 30th, the shareholders approved the…
Saudi Egyptian Investment to pay FY 2019 dividends late April
14 - Tue - Apr - 2020
Saudi Egyptian Investment to pay FY 2019 dividends late April
Saudi Egyptian Investment and Finance (SEIG) announced that the cash dividends denominated in EGP will be paid on April 29th.The ex-dividend date for the EGP 2.25 per share distribution will be on April 26th, according to an EGX statement.On March 25th, the shareholders approved the board’s proposed…