Shareholders of Mena Touristic and Real Estate Investment approved offsetting deferred losses of nearly EGP 56 million.
The company reported EGP 11.8 million in losses in 2014, against EGP 13.9 million in profits for the previous year.
Mena Touristic is capitalised at EGP 150 million, distributed across 75 million shares at EGP 2 par value each.
