Egyptian Resorts develops Sahl Hasheesh as Egyptian Resorts stock trades on EGX

Published on 10/01/2026 at 11:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Egyptian Resorts stock represents 1.05 billion shares in Egypt. Market value stood at EGP 18.2 billion on September 30, 2026 for the listed company.

EGTS, EGS70431C019, Illustration mit AI erstellt.

Egyptian Resorts (ISIN EGS70431C019) develops Sahl Hasheesh and related master-planned communities in Egypt, according to the Egyptian Resorts Company overview. The company operates under the EGTS ticker on the Egypt Stock Exchange, where its market value stood at EGP 18.2 billion on September 30, 2026.

Sahl Hasheesh anchors the portfolio

Egyptian Resorts describes itself as a master developer of large communities rather than a single-project property company. Its Sahl Hasheesh development on Egypt's Red Sea coast is the flagship project, giving the business a long-term land and infrastructure base.

The company acquires land and sells designated plots to sub-developers for residential communities, hotels, entertainment venues, office parks, schools and hospitals. That model links revenue potential to land sales and the pace at which surrounding infrastructure and services are delivered.

EGTS remains below its yearly high

The listing record shows 1.05 billion shares outstanding and places EGTS at EGP 16.00 on September 30, 2026, versus a prior close of EGP 17.36. The 7.83 percent session decline provides the clearest near-term comparison for the stock.

The 52-week range was EGP 6.68 to EGP 22.69 on the same listing record. At EGP 16.00, the share was 29.48 percent below that high, while its market value was EGP 18.2 billion.

Development scale meets market volatility

The company profile identifies additional projects including Old Town, Jamaran, Tawaya and Sawari marina, alongside electricity, water, irrigation, communications, roads and lighting services. These activities broaden the business beyond plot sales and make execution of community infrastructure a central operating variable.

For investors, the contrast is clear: the company has a wide development platform and 1.05 billion shares in issue, while the stock's EGP 6.68 to EGP 22.69 yearly range shows a substantial valuation spread. The next market signal will come from how project delivery and land monetization translate into reported operating figures.

EGTS market reference

On the Egypt Stock Exchange, Egyptian Resorts stood at EGP 16.00 on September 30, 2026, after a prior close of EGP 17.36. The stock's market capitalization was EGP 18.2 billion on that date.