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Arab Finance – Maridive reduces its half-term dividend


Maridev reduces its half-term dividend

Arab Finance: Company announced Maritime and Petroleum Services – Maridev (MOIL)on the company’s consolidated business results for the period from 01/01/2024 to 30/06/2024which showed a net profit of $4,233 million compared to a net profit of $17,425 million for the same period of the previous year.

The Maritime and Petroleum Services Company “Maridive” was established in 1978 to provide marine petroleum services in Egypt. The company's operations expanded over the years to transform from managing a single marine unit to owning and managing a fleet of more than 61 ships, in addition to its operations spread across the Mediterranean Sea, the Red Sea, the Arabian Gulf, and the Caspian Sea. And the Gulf of Mexico.

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