Cairo - Mubasher: The shareholders of United for Housing and Development (United Housing) greenlighted cash dividends for 2025.
The real estate developer will pay out a dividend of EGP 0.12 per share, representing 10% of the share’s par value, according to a bourse filing.
On 6 April, the ordinary general assembly approved a net distributable profit of EGP 192.98 million for 2025.
During 2025, United Housing’s board greenlighted a new mixed-use development in Alexandria’s El-Syouf district, with construction costs projected at EGP 5.94 billion.