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                       Al Azizia
                      company for marketing- a limited liability company-was
                      established according to the provisions of law no.159 of
                      1981,amended by law no. 3 of 1998 and was registered at
                      the commercial register under no. 2348(Giza Governorate)
                      at January 27,2000. 
                      The main
                      activity of Al –Azizia company for marketing is the
                      establishment of hotels, motels, residential suite
                      apartments and touristic villages, touristic
                      transportation, in addition to marketing activities
                      related to the hotels and motels, buying, dividing and
                      selling all kinds of land areas ,buying and constructing
                      buildings, residential, industrial, administrative,
                      commercial and touristic compounds and entertainment units
                      including theatres ,sports centers etc. 
                      Moreover,Al
                      Azizia company for marketing is practicing various
                      marketing ,advertising and commercial agencies activities. 
                      Furthermore,
                      the company has the right to enter into a partner ship
                      with other local or foreign companies practioing similar
                      activities ,or which support in achieving its main purpose
                      and goals , in addition to merge with other entities or
                      buy other units using its commercial name. 
                      Investments
                      of Al Azizia company for marketing: 
                      The
                      investments of AL Azizia Company for marketing for the
                      amount of LE 6.25 Million representing 25% in the capital
                      of the united group for highways development company
                      (UGHD) joint stock company 
                      Moreover ,
                      engineer Ashraf Sabry –Chairman- LE 3.75 million
                      representing 50% of UGHD’S capital. 
                      (The
                      authorized capital of united group for highways
                      development company amounts to LE 1,000 million, the
                      issued capital LE 100 million and the paid-up capital LE
                      25 million). 
                      The purpose
                      of the united group for Highways Development is to execute
                      infra-structure activities including water, electricity
                      ,sewage ,roads, telecommunications, establishing and
                      operating water purification stations, constructing water
                      distribution networks and electricity stations. 
                      Properties
                      of Al Azizia company for marketing: 
                      
                      Al Azizia
                      company for marketing owns the following: 
                      
                        - 
                          
Villas
                          at company Al-Azizia paradise location that are rented
                          according to limited time-period contracts determined
                          by the relevant law regulations  
                        - Land areas amounting
                          to 174 feddans.
 
                        - 
                          
Hotels
                          and apartments in Khan Al Azizia Project (not yet
                          included in the fixed assets as of September 30,2001)  
                       
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