The Company was esthablished since 1982 with one of the first tourist resort in Sharm El Sheikh area. Today Comoany owns four tourist resorts and one private beach and restaurant all situated in Sharm El Sheikh. New project are coming to develope one resort in the north coast area close to Alexandria and one more resort will be developed in Marsa Alam area south coast Red Sea 200 km from Hurgada tourist destination. In addition the Company owns two Nile cruising ships.