ABOUT ROWAD

Rowad Tourism Company (ROTO. CA)

 

Rowad Tourism Company (ROTO. CA) is an Egyptian public joint stock company that has a portfolio of companies operating in tourism urbanization & development. Through its subsidiaries the holding company is engaged in tourism development activities; ownership, leasing & management of hotels & tourist resorts, as well as in related operations, including tourist transportation services & commercial agency services.

 

Basic information

Company Name       : Rowad Tourism

 

Company Purpose    : Operating in tourism urbanization & developments as well as

acquiring, leasing & managing tourist facilities & hotel.

 

Establishing Date      : 10 October 1994

 

Financial Year Start   : 1st Quarter

 

Auditors                  : FOUAD EL-WATAN Accountants & Auditors

 

Owners                   : Banque Misr                                                                    (19.78%)

                               Egyptian Life Insurance Co.                                              (37.44%)

                               Misr Insurance Co.                                                            (19.31%)

                               Free Floats                                                                         (23.45%)

 

Subsidiaries

MG Group                                                                   (94.20%)

- Misr Global Tourism                                              (94.67%)

- Egyptian European Floating Hotels                   (86.60%)

- Egyptian Italian Hotels & Tourist Facilities       (96.11%)

 

Rowad Al-Wahat for Tourist Dev.                       (66.52%)

Rowad Dahab for Tourism Development             (85.20%)

Sahl Hasheesh Tourism Investment Company   (0.94%)

Egyptian Resorts Company                                      (5.76%)

 

Management Team

Lotfy Mohamed Hassan Shash       Chairman

 

Board Members

Adel Abdel Lattif Aly                                 Board Member

Representing Banque Misr

 

Ayman Hassan Soliman Moussa                   Board Member

Representing Banque Misr

 

Mohamed Ibrahim El-Saied Toema              Board Member

Representing Misr Insurance

 

Sobhy El Shahaat Zyada                            Board Member

Representing Misr Insurance

 

Hala Abdel Hai Nassar                               Board Member

Representing Misr Life Insurance

 

Medhat Mohamed Yassin Ghadanfar            Board Member

Representing Misr Life Insurance

 

Kamilia Ahmed Aly Ahmed                         Board Member

Representing Misr Life Insurance

 

Ibrahim Ibrahim El-Saiedy                         Board Member

 

Mohamed ayoub Mohamed Hussien             Independent Member

 

Hussein Abu Seida                                   Independent Member

 


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