Arab Finance: The general assembly meeting of Egyptian Gulf Bank (EG Bank) approved a cash dividend distribution of EGP 0.7869 for 2025, according to a bourse filing.
The lender is set to pay the dividend amount on July 15th, with the eligibility for shareholders until July 12th's trading session.
EG Bank registered a 35% year-on-year (YoY) increase in consolidated net profit after tax for the first quarter (Q1) of 2026, hitting EGP 1.027 billion, compared to EGP 758.713 million in the same quarter of 2025.
Similarly, the bank’s standalone net profit after tax jumped by 36% YoY in Q1 2026 to EGP 1.026 million from EGP 781.450 million.