Remco appoints financial advisor FinBi to assess its investments

The board of directors of Remco for Tourism Villages Construction (RTVC) approved the appointment of FinBi Finance and Banking Consultants to conduct an evaluation study for its investments in subsidiaries, according to an EGX disclosure on February 1.

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

The company acquires plots of land, designs the development, sells individual units, and retains ownership of public areas such as hotels, landscaped areas, housing complexes, beaches, and water and sewage treatment plants.