March 29, 2021

Egypt Gas approves EGP 1/share coupon


ArabFinance: The ordinary general assembly of Egypt Gas (EGAS) approved cash dividend distribution of EGP 1 per share for 2020’s earnings, according to the company’s statement to the Egyptian Exchange on March 28th.

In February, the company’s board of directors recommended a cash dividend for 2020.

The company posted a 48.7% on Year fall in its net profit in 2020, recording EGP 84.63 million in 2020, compared to EGP 164.95 million in 2019.

Egypt Gas is an Egypt-based shareholding company engaged in the design, installation, operation, and maintenance of natural gas distribution networks and pressure reduction stations for domestics, commercial, and industrial applications.

arabfinance


Categories : oil and gas

Finance & Economy

Egypt’s unemployment increases to 7.4% in Q1 2021: CAPMAS

2021-05-12 07:00:00

Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced, on Tuesday, that the country’s unemployment"...
Read More

Arab Company for Asset Management loss r...
May 12, 2021
Egypt jobless rate rises amid pandemic s...
May 12, 2021

Latest News



oil and gas

Elevēo Recognized in 2021 Gartner Magic...
May 8, 2021
IPR Wastani Petroleum seeks arbitration ...
May 5, 2021
Egypt to construct largest petrochemica...
May 2, 2021