Orascom Development, the owner of the upscale Red Sea resort of El Gouna, denied on Wednesday media …
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Orascom Development Egypt
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MoneyReal Estate
Egypt’s Orascom Development profits rise by 57.7% in Q2
by Sama Mousaby Sama MousaEgypt’s Orascom Development profits rose by 57.7 percent during the second quarter of 2023 to 622.1 million …
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Egypt NewsFeatureMoneyReal EstateTech/AI
Orascom Development records 45.2% profit increase in 2022
by Sama Mousaby Sama MousaOrascom Development Egypt (ODE) has recorded a net profit up 45.2 percent to record 1.9 billion Egyptian …
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Egypt NewsFeatureNewsTech/AI
Orascom signs $151m deal with Egypt government for El Gouna project
by Nada Aliby Nada AliOrascom Development Egypt (ODE) has signed a $151 million milestone agreement with the Egyptian authorities regarding its …
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Egypt NewsFeatureMoneyNewsReal Estate
Orascom Development Egypt approves due diligence for SODIC takeover offer of ORE
Egyptian property developer SODIC has received an approval from Orascom Development Egypt to go ahead with the …
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Egypt NewsFeatureMoneyNewsReal Estate
Egypt’s SODIC offers to acquire 100% of Orascom Real Estate
by Yomna Yasserby Yomna YasserEgyptian property developer SODIC has submitted on Monday a non-binding cash offer to acquire 100 percent share …
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BanksFeatureIndustry & TradeMoneyReal EstateTech/AI
Orascom Development Egypt signs EGP 1.5 bln financing with CIB Egypt
by Yomna Yasserby Yomna YasserOrascom Development Egypt (ODE) announced on Sunday that its subsidiary Orascom for Real Estate (ORE) has signed …
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FeatureIndustry & TradeMoneyReal EstateTech/AI
Orascom Development Egypt H1 net real estate sales surge 16.9%
by Yomna Yasserby Yomna YasserOrascom Development Egypt (ODE) reported on Tuesday a 16.9 percent growth in net real estate sales to …
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FeatureMoneyReal Estate
Orascom Development Holding aims to lower its CHF 454 million debt portfolio – exec director
Egypt’s Orascom Development Holding aims to decrease its current debt portfolio which is worth CHF 454 million …
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Orascom Development Egypt (ODE), a subsidiary of Orascom Development Holding AG (ODH), reported on Monday a 342.28 …
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