Cairo – Mubasher: Trans Oceans Tours said it signed an agreement with an Egyptian investment University to rent three of the company’s condominium buildings in Rehab city.

The total rental value amounts to EGP 2.7 million at EGP 75,000 per month.

Trans Oceans Tours said it turned to losses in the first half of 2016, as it posted losses of EGP 195,000 compared with profits of EGP 200,000 at the same period of the previous year.