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                    : Egyptian Life Insurance Co.                               (20%)

                                Misr Insurance Holding Co.                                          (17.44%)

                                Free Floats                                                               (62.56%)

 

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                                  (5.76.00%)

 

Management Team

Lotfy Mohamed Hassan Shash                    Chairman

 

Board Members

DR.Hussein Abu Seida                               Independent Member

 

Dr. Hisham Embaby El-ASHMAWY               Board Member

Representing Misr Life Insurance

 

Mohamed ayoub Mohamed Hussien             Independent Member

 

Ayman Hassan Moussa                              Board Member

Representing Banque Misr

 

Adel Abdel Latif Aly                                  Board Member

Representing Banque Misr

 

Hala Abdel Hai Nassar                               Board Member

Representing Misr Life Insurance

 

Mohamed Amin Fekry                               Board Member

Representing Misr Life Insurance

 

 

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