Arab Finance: The board of directors of Orascom Construction Plc (ORAS) has approved the distribution for cash dividends worth EGP 5.535 per share to shareholders for 2022, according to a statement filed to the Egyptian Exchange (EGX) on Tuesday.

The record date for the dividend is on February 2^nd, while the payment date is February 9^th.

The company shall pay the dividends in USD to shareholders holding shares on Nasdaq Dubai, and will pay the dividends in EGP to shareholders holding shares on the EGX, the company stated. 

Orascom Construction Plc is a leading engineering and construction contractor based in the UAE, primarily focusing on infrastructure, industrial, and high-end commercial projects in the Middle East, Africa, and the US.

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