Cairo – Mubasher: El Shams Pyramids for Hotels and Touristic Projects logged $3.75 million net loss for the first nine months of 2015, up 10% from $3.4 million in the corresponding period a year ago, according to the company’s bourse filing Wednesday.

The touristic company earlier said it suffered $2.9 million (EGP 22.8 million) loss for the first half of 2015, compared with $2.53 million (EGP 19.9 million) in the same period a year earlier.

The company’s board approved re-categorising short-term investments of Al Ahlia Development Company to long-term ones.