In the Media

The following clippings about ERC represent a selection of news from national and international media sources.

Unaffected by revolutionary turmoil Egyptian Resorts to start marina in Q4
Source: Ahram Online
August 24, 2011

Notwithstanding Egypt’s revolution, the project at the Shal Hasheesh resort has reservations worth $20 million with cancellations at a modest six per cent. Read More…

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Egyptian Resorts Returns to Profit
Source: Reuters
June 9, 2011

CAIRO, June 9 (Reuters) – Real estate firm Egyptian Resorts (EGTS.CA:Quote) posted first-quarter net profit of 3.8 million Egyptian pounds ($639,500) on higher revenues, the firm said on Thursday. Read More…

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Orascom Development Buys Stake in Egyptian Resorts
Source: Reuters
April 29, 2010

CAIRO, April 29 (Reuters) – Swiss-based Orascom Development Holding (ODHN.S)(ODHR.CA) has bought a 4.5 percent stake in Egyptian Resorts Co. (EGTS.CA) and will help it develop land and a marina along the Red Sea coast, it said on Thursday. Read More…

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