US Firm Values Orascom’s El Gouna Assets at USD 2.1 bn
Orascom Development Holding (ODH) said that a new report by a US firm has valued its land banks and 17 hotels at the Red Sea resort of El Gouna at USD 2.1 bn, 42 times its current book value
Orascom Development Holding (ODH) said that a new report by a US firm has valued its land banks and 17 hotels at the Red Sea resort of El Gouna at USD 2.1 bn, 42 times its current book value
Egypt's Orascom Development Holding (ODH) has signed a nine years' lease agreement with a German-based company to lease the first office building in El Gouna for a total amount of USD 6.7 mn