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CIRA’s OGM nods to cash dividends distribution

CIRA’s OGM nods to cash dividends distribution

ArabFinanceCairo for Investment and Real Estate Development (CIRA) announced that its ordinary general meeting (OGM) has approved the board’s proposal to distribute cash dividends worth EGP 100 million, equivalent to EGP 0.171588298 per share for the year ended August 31st, 2021, according to a statement filed to the Egyptian Exchange (EGX).

The dividends will be paid within a month from the date of holding the OGM, CIRA added.

Earlier this month, CIRA announced its partnership with Orcas to develop an online distance learning platform that offers first-of-its-kind blended learning programmes.

CIRA is an Egypt-based company, operating in the investment field across diversified sectors, including education, construction and real estate, health care, information technology, and support services.

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