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.

O West, Orange Collaborate To Provide High-Tech Network Services for 10 Years

O West, the fully integrated town developed by Orascom Development in West Cairo, has entered into a 10-year agreement with Orange Egypt, a leading telecommunications service provider, Invest-Gate reports.  

Makadi Heights Cooperates with Savills for Commercial, Consulting Services

Makadi Heights, one of Orascom Development’s fully integrated towns in the Red Sea, signs a co-operation agreement with Savills Egypt, one of the world’s leading real estate consultancies, Invest-Gate reports.

Makadi Heights Partners valU to Offer Convenient Installment Solutions to Homeowners

Under the agreement, Makadi Heights’ homeowners will be able to cover maintenance and renovation through valU’s flexible and accessible payment plans.

Makadi Heights Partners Metropolitan Schools for Educational Services in Red Sea

Makadi Heights, developed by Orascom Development Egypt (ODE) in the Red Sea, contracts with Metropolitan schools and nurseries, part of St. Fatima Educational Group, to open its first branch for pre-primary educat ...

Makadi Heights Delivers 248 Units in Phase I

Makadi Heights, developed by Orascom Development, announces the start of delivering 248 units of various sizes in Phase I, in accordance to the company's plan, Invest-Gate reports.

GAFI Cancels Land Reduction Decision Allocated to Makadi Heights

Orascom Development Egypt (ODE) announces that its subsidiary Makadi Heights for Tourism Development Company (Makadi Heights) has been notified by the Egyptian Tourism Development Authority (TDA) of a decision to ...

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 ...

ODE Generates EGP 7.1bn in Revenues in 2021

Orascom Development Egypt (ODE) reports EGP 7.1 bn in revenues and EGP 1.3 bn in profits and closes the year with EGP 9.2 bn of net real estate sales, the highest value in ODE’s history, Invest-Gate reports.

Makadi Heights Collaborates with SolarizEgypt to Implement its First Solar Plant

Makadi Heights signs a cooperation agreement with SolarizEgypt, to develop a solar power plant in the heart of Makadi Heights, Invest-Gate reports.

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