Makadi Heights

  • Orascom Achieves 32.3% Increase in Real Estate Sales
    Developers

    Orascom Achieves 32.3% Increase in Real Estate Sales

    Sunday, 28 February 2021

    Orascom Development Egypt (ODE) achieves an increase of 32.3% in 2020's quarter four property sales and ends the year with net sales of EGP 6.2 bn and cash balance of EGP 2.1 bn, Invest-Gate reports.

  • ODE’s Makadi Heights to Soon See Integrated Telecom Services
    Developers

    ODE’s Makadi Heights to Soon See Integrated Telecom Services

    Tuesday, 1 December 2020

    Orascom Development Egypt's (ODE) flagship project on the Red Sea coast of Hurghada, Makadi Heights, will soon see integrated telecommunication services, under the signing of a cooperation agreement with Telecom Egypt - WE.

  • ODE Posts 253.4% Surge in H1 Sales
    Developers

    ODE Posts 253.4% Surge in H1 Sales

    Tuesday, 20 August 2019

    Orascom Development Egypt's (ODE) net sales hiked by 253.4% to EGP 4.2 bn in H1 2019, compared to EGP 1.2 bn a year earlier, driven by a rise in unit sales in its newly-launched project in west Cairo, O West, in addition to El Gouna and Makadi Heights.

  • ODE’s Net Real Estate Sales Spikes 282.8% in Q1 2019
    Developers

    ODE’s Net Real Estate Sales Spikes 282.8% in Q1 2019

    Wednesday, 15 May 2019

    Orascom Development Egypt (ODE) has reported that its net real estate sales soared by 282.8% to EGP 1.5 bn in Q1 2019 versus EGP 397.6 mn in the prior-year period, driven by a rise in unit sales at O West, its first home project, in addition to Red Sea resorts of El Gouna and Makadi Heights.