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.

El Gouna launches Fairways Project

El Gouna launches the Fairways project at an area of 11,000 sqm, Invest-Gate reports.

Orascom Development Hosts International Fishing Championship

The championship is held over 4 days, from 15 to 18 February, in El Gouna, with the participation of more than 60 competitors, representing 10 international teams from Britain, Italy, South Africa, Saudi Arabia, T ...

Orascom Development Inks Agreement with Egyptian Gov’t for El Gouna Projects

The agreement also grants the company the right to connect its lake network to the sea through two new water channels to naturally improve the water quality in its current and future projects, which positively imp ...

Orascom Development Egypt Generates EGP 11.1 Bn in Sales in 2022

Makadi Heights real estate reaches EGP 949.8 mn in 2022, compared to EGP 1.2 bn in 2021.

El Gouna Motor Show 2022 to Kick Off on December 9th with 60 Competitors

The event is held in partnership with the rally competitions organizer Bosla, and under the sponsorship of the Ministry of Tourism and Antiquities, Ministry of Youth Affairs and Sports, the Red Sea Governorate, an ...

SolarizEgypt Invests EGP 97 mn in Solar Power Plant In El Gouna

The solar plant spans over an area of 245,000 sqm, with investments worth EGP 97 mn.

ODE Records EGP 4.7 bn in Sales in H1 2022

Orascom Development Egypt (ODE) announces its preliminary real estate and hotels KPIs for the period ended June 30th, Invest-Gate reports.

Orascom Development Generates EGP 1.9 bn in Revenues in Q1

Orascom Development Egypt starts the year with strong operational and financial results and a significant increase in the real estate segment’s performance and enhanced business performance of the hotels and town ...

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