Solidere will pay dividends of $35 million to its shareholders and expects greater property sales by the end of 2016.
In an announcement following its General Assembly meeting, held June 27, the real estate developer said that it will distribute one share for every 80 shares, and $0.10 per share, based on shareholders' record as of August 18, 2016.
Nasser Chammaa, Chairman, said: "Despite last year's negative results, 2016 is beginning to witness positive and encouraging signs." L...
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