Orascom Development, the owner of the upscale Red Sea resort of El Gouna, denied on Wednesday media …
Orascom Development Holding
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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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Egyptian business tycoon Samih Sawiris will step down and will not stand for re-election as chairman of …
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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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Egypt’s Orascom Development Holding expected that its hotel occupancy rates would increase within the third and fourth …
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Egypt’s Orascom Development Holding reported on Sunday a 57 percent year-on-year drop in its net profits to …
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FeatureIndustry & TradeTech/AI
Egyptian mogul Samih Sawiris ‘rescues’ a coronavirus-hit German tour operator FTI
Egyptian real estate mogul Samih Sawiris has acquired majority control of FTI Group, rescuing the German tour …
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Chief executive of Egypt-based Orascom Development Holding Khaled Bichara, has died in a car accident on Friday.