Egypt .. The arrow of “pioneers” has risen to the highest level in 5 months

The shares of the tourism pioneers listed and traded on the Egypt Stock Exchange increased by 19.99% during the trading of Sunday’s session, to circulate at the price of 33.61 pounds per share, achieving its highest level in 5 months.

Trading on tourism pioneers at that time came through 2.50 million shares with a value of trading 83.92 million pounds.

The highest price for the share was at that time at 33.61 pounds, while the lowest price for the share was at 33.32 pounds.

Rowad Tourism Company, also known as Rowad Tourism Company, is an Egyptian joint stock company established on October 10, 1994, and has been included on the Egyptian Stock Exchange since October 1998. The company has been working in the field of developing and managing tourism facilities, including hotels and resorts, as well as providing tourism transport services and commercial agencies.

The issued and paid capital of the company is about 865 million Egyptian pounds, and its headquarters is located in the Zamalek neighborhood of Cairo. The company’s royal structure varies between a number of major entities, as Egypt Insurance Company owns a stake of 19.31%, while Egypt owns 37.44%, and the National Bank of Egypt is 19.78%, while free companies share about 23.45%of total shares.

The company follows a group of subsidiaries that are active in various fields within the tourism sector, the most prominent of which are:

Rowad Al -Wahat Tourism Development Company: The “Al -Ruwad” hotel, ranked 4 -star in the Kharga Oasis in the New Valley Governorate.

The Egyptian Italian Company for Hotels and Tourisms: It runs a group of floating hotels on the Nile River between the cities of Luxor and Aswan.

Misr Global Tourism Company: Provides integrated services that include hotel reservation, flight organization and tourism transport services.

Dahab Tourism Development Company: It focuses on developing tourism projects in the Dahab region.

Rowad Al -Wahat Tourism Development Company: It works to develop and develop tourism projects in the Al -Wahat region.

The company’s activities and investments reflect their keenness to contribute to supporting and developing the Egyptian tourism sector through the diversity of its projects and geographical expansion.