The ordinary general meeting of Marsa Marsa Alam For Tourism Development reviewed and endorsed on Sunday the board and auditor’s reports, as well as financial statements, for the fiscal year that ended on December 31, 2013. The company had posted EGP 3.287 million net profit in FY13, with a surge by 184% year-over-year from EGP 1.154 million.
Board members were discharged from liability for the same FY.