Arab Finance: GB Corp announced cash dividends of EGP 379.925 million, equivalent to EGP 0.35 per share, to be paid in two instalments for 2024, according to a bourse statement.
The company will disburse EGP 0.20 per share on April 30th, while the second instalment of EGP 0.15 per share will be paid on July 17th.
GB Corp is a leading automotive company in the Middle East. The Egypt-based company has operations across six primary lines of business: passenger cars, motorcycles and three-wheelers, commercial vehicles and construction equipment, tires, after-sales, and Iraqi operations.