ODH Posts Gross Profit Of CHF 11.3 mn, Net Loss Of CHF 196.4 mn, 2016

Orascom Development Holding (ODH) posts gross profit of CHF 11.3 mn and net loss of CHF 196.4 mn in 2016 compared to a gross profit of CHF 71.1 mn and a net loss of CHF 19.1 mn a year earlier, Invest-Gate reports.  

Orascom Expands Executive Management Team

Orascom Development Holding (ODH) decided on March 5 to expand its executive management team as of April 1, Invest-Gate reports.

ODH Delisting Not Subject to Swiss Takeover Law

Orascom Development Holding (ODH) is not subject to the recently enacted Swiss Takeover Law

Orascom Development to Build Residential Project in Senegal

Orascom Development Holding will be finalizing an agreement with the Senegalese government to build a new project, similar to the company’s previous project Haram City, according to Samih Sawiris, the company’s CEO.

Samih Sawiris: Real Estate Sector Could be Heading Toward Bubble

Due to the current decline in purchasing power amid the depreciation of local currency and a large supply, the Egyptian real estate market could potentially be heading towards a bubble, Chairman of Orascom Developmen ...

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