Cairo – Mubasher: Wadi Kom Ombo Land Reclamation failed in selling a land plot offered through an auction for the second time, said a press release.

In 8 December 2016, the company offered selling two land plots in a public auction but the auctioned closed without selling any land plots.

 Wadi Kom Ombo reported a decline of 21.8% to EGP 527,100 in net profits in the first quarter of FY16/17.