Al Rowad’s standalone losses shrink 76% YoY in 9 months (09 November 2023) Rowad Tourism (Al Rowad) posted a 76% year-on-year drop in its standalone net losses after tax the first nine months of 2023, according to the company’s financial statement on November 9th. Standalone net losses went down to EGP 4.417 million in the January-September period from EGP 18.385 million over the same period of 2022. Al Rowad is an Egypt-based public shareholding company that operates in the tourism industry.