El Gouna Introduces “Tuban”, Its Largest Premium Multi-Purpose District

El Gouna, the spectacular fully integrated and sustainable town developed by Orascom Development in the Red Sea, has unveiled the launch of its largest multi-purpose district to date, named "Tuban", Invest-Gate re ...

Orascom Development Egypt Reports Strong Financial Results for Q2 2024

Orascom Development Egypt (ODE) has reported exceptional operational and financial performance, with a significant surge in net profit for Q2 2024, up by an impressive 210% to EGP 1.9 bn, resulting in a H1 2024 ne ...

El Gouna Launches Fanadir Marina, Becomes Egypt’s Largest Private Sector Yacht Operator

El Gouna, one of Orascom Development's integrated and sustainable cities in the Red Sea Governorate, announced the official opening of Fanadir Marina, Invest-Gate reports.

Ministry of Planning and Economic Development Launches Third Edition of Premier Executive Education Program in Collaboration with Sawiris Foundation, University of Chicago Booth School of Business

The Ministry of Planning and Economic Development is pleased to announce the launch of the third edition of the "Executive Education Program in El Gouna, Red Sea." This program is conducted in partnership with the ...

Orascom Development Egypt Reports Strong Financial Results for Q1 2024

Orascom Development Egypt (ODE) kicked off the year with a strong set of results, as revenue surged to EGP 4.2 bn, a remarkable increase of 41.4% year-over-year, Invest-Gate reports.

El Gouna Gears Up for New Edition of Platinum PSA Squash Tournament

El Gouna is gearing up to host the 12th edition of the El Gouna International Squash Open for Men and Women, a Platinum PSA event, from April 19 to 26 at the El Gouna International Conference and Culture Center, I ...

El Gouna City Signs New Cooperation Agreement with SolarizEgypt for Solar Power Plant Expansion

El Gouna City, one of Orascom Development's integrated cities in the Red Sea Governorate, has inked a new cooperation deal with SolarizEgypt to develop the second phase of its solar power plant following the succe ...

El Gouna Half Marathon Attracts 800 Runners from 34 Countries

The Red Sea resort town of El Gouna, along with event organizer The Tri-Factory, launched the fifth edition of the El Gouna Half Marathon on Saturday, Invest-Gate reports.

Enquiry on Zelenskyy Family Villa in El Gouna: Official Statement Revealed

In response to recent web posts alleging that Ukrainian President Zelenskyy's family owns a villa in El Gouna, a popular Egyptian resort town, an El Gouna spokesperson has categorically refuted these claims, Inves ...

El Gouna to Host Int’l Squash Championship on May 26

El Gouna International Squash Championship for Men and Women is set to kick off its Platinum PSA event on May 26, running eight days until June 2, Invest-Gate reports.

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