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Faisal Islamic Bank, Remco unveil EGP 914.5M land sale in Nasr City

Faisal Islamic Bank agreed with Remco Tourism Villages Construction Company to sell a 17,907-square-meter land plot in Nasr City for EGP 914.5 million.

Updated 10/7/2025 10:12:00 AM
Lift Slab purchases Stella Di Mare 2 project from Remco

Egyptian for Developing Building Materials (Lift Slab Misr) has signed a purchase agreement to acquire the Stella Di Mare 2 project from Remco for Tourism Villages Construction.

Updated 1/5/2025 10:19:00 AM
Remco's consolidated losses drop by 77% in 9 months

Remco for Tourism Villages Construction (RTVC) reported consolidated net losses, excluding minority interest, of EGP 386.179 million in the first nine months of 2024.

Updated 12/16/2024 1:18:00 AM
Remco swings to profitability in H1 2024

Remco for Tourism Villages Construction’s (RTVC) recorded EGP 144.335 million in consolidated net profits after tax and non-controlling interest in the first half (H1) of 2024, versus net losses of 187.797 in H1 2023.

Updated 7/28/2024 11:48:00 AM
Remco’s consolidated losses hike 554.6% YoY in 2023

Remco for Tourism Villages Construction’s (RTVC) consolidated net losses after tax and non-controlling interest soared 554.6% year on year (YoY) in 2023.

Updated 5/21/2024 12:36:00 PM
Remco standalone losses skyrocket 1,956% YoY in 9 months

Remco Tourism Villages Construction Company (RTVC) standalone net losses after tax hiked 1,955.6 % year on year (YoY) in the first nine months of 2023.

Updated 12/3/2023 10:10:00 AM
Remco’s standalone losses plunge 4.24% YoY in H1

Remco is an Egypt-based company that operates in tourism and entertainment projects development and construction.

Updated 8/15/2023 12:44:00 PM
Remco’s consolidated losses narrow 49% YoY in 2022

Remco for Tourism Villages Construction’s (RTVC) consolidated net losses after tax dropped 49% year on year (YoY) in 2022.

Updated 8/1/2023 10:33:00 AM
Remco’s standalone losses plunge 69% YoY in Q1

Remco for Tourism Villages Construction (RTVC) posted a 69% year-on-year (YoY) drop in its standalone net losses after tax in the first quarter (Q1) of 2023.

Updated 7/25/2023 10:16:00 AM
Remco, Emaar Alex partner to launch EGP 1B project in North Coast

Remco for Tourism Villages Construction (RTVC) has signed a partnership agreement with the real estate developer Emaar Alex to develop an EGP 1 billion project in Al Alamein’s Sidi Abdel Rahman, the North Coast.

Updated 7/16/2023 11:01:00 AM
Remco in talks with Emaar Alex over cooperating on EGP 1B project in North Coast

Remco for Tourism Villages Construction (RTVC) is in talks with the real estate developer Emaar Alex over partnership on the development of an EGP 1 billion project in Al Alamein’s Sidi Abdel Rahman, the North Coast.

Updated 7/13/2023 11:20:00 AM
Remco’s unaudited standalone losses shrink 67% YoY in 2022

Remco for Tourism Villages Construction (RTVC) has posted a 67.2% year-on-year (YoY) drop in its standalone net losses after tax in 2022.

Updated 7/4/2023 11:21:00 AM