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.
ODE's fiscal year 2023 saw a significant surge in net profit, climbing by 63.5% year-on-year to reach EGP3.1 bn, Invest-Gate reports.
Orascom Development Egypt (ODE) has announced its preliminary real estate and hotel Key Performance Indicators (KPIs) for FY 2023, Invest-Gate reports.
Orascom Development Egypt (ODE) starts the year with strong positive operational and financial results across all its destinations, recording a net profit of EGP 384 mn in the first quarter, Invest-Gate reports.
The destination management revenue grows by 36% YoY to EGP 1.4 bn.
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 ...
Makadi Heights real estate reaches EGP 949.8 mn in 2022, compared to EGP 1.2 bn in 2021.
The company’s total revenue surges to EGP 6.7 bn in 9 months to September 30th 2022 from EGP 4.9 bn in the same period a year earlier.
ORE is the owner of O West, which is a mega real estate development located on 4.2 sqm in West Cairo.
The offer pends fulfillment of several conditions, including the completion of due diligence, ODE’s corporate approvals, in addition to all relevant regulatory approvals.
