Egyptian tycoon Samih Sawiris, chairman of Orascom Development Holding (ODH), has laid the foundation stone for El Gouna Conference and Culture Center, marking the second phase of the cultural complex.
Orascom Development Egypt (ODE), the largest subsidiary of Orascom Development Holding in Egypt, has sold its 51% equity stake in Oberoi Zahra, a luxury Nile cruise, to a private Egyptian investor for USD 4 mn.
Orascom Development Holding (ODH) said the German Ministry of Foreign Affairs' decision to remove its travel ban restrictions from Germany to Taba International Airport will push more flights to its integrated pro ...
Orascom Development Egypt (ODE), the largest subsidiary of Orascom Development Holding in Egypt, has signed CHF 228.1 mn (nearly EGP 3.82 bn) debt rescheduling package, a step coming to boost the company's balance ...
Egypt's Orascom Development Holding (ODH) has achieved record-high net real estate sales of EGP 3.47 bn in FY 2018, excluding its newest residential project O West, compared to sales of EGP 2.19 bn a year earlier. ...
Egypt-based Orascom Development Holding entered into an agreement with its Chairman Samih Sawiris for the potential purchase of 1% and one share of Andermatt Swiss Alps (ASA), a real estate firm managed by Sawiris ...
Orascom Development Holding's hotel subsidiary Orascom Hotels Management (OHM) inked on December 19 an agreement with global travel company Thomas Cook Group to establish a new beachfront hotel property in El Goun ...
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
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