Egyptian Resorts Company to buy a stake in Rowad Dahab

Arab Finance: Egyptian for Resorts Company sent a release to CASE announcing that its BOD has approved on its meeting, held 18/10/2007, to buy not less than 70 % stake in Rowad Dahab for tourism development Company, Rowad Dahab owns, through an allocation contract, 4 million square meters of land at $ 1 per meter in Dahab