Orascom
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Developers
Orascom Development Logs EGP 3bn Sales in Q4
Thursday, 20 January 2022
Orascom Development Egypt (ODE) announces its preliminary real estate and hotels KPIs for Q4 2021, Invest-Gate reports.
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Events
BIG 5 Construct Egypt Returns to Support Egypt’s USD 354.8bn Future Projects
Wednesday, 9 June 2021
Taking place from June 26 till June 29 at the Cairo International Convention Centre (CICC), Big 5 Construct returns to support USD 354.8 bn Projects, featuring Big 5 Egypt Leadership Conference and Big 5 Egypt Impact Awards
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Developers
Gouna Hosts Fourth International Motocross Championship
Wednesday, 7 April 2021
El Gouna hosts the fourth edition of El Gouna International Motocross Championship on April 2-3 at the Motoclope Egypt, under the auspices of the Ministry of Youth and Sports, Invest-Gate reports.
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Developers Construction
Magdi Yacoub Heart Center to be Built by Orascom Construction
Wednesday, 3 March 2021
Magdi Yacoub Heart Foundation Board announces the selection of Orascom Construction to build the Magdi Yacoub Global Heart Center in the 6th of October City in Cairo, Invest-Gate reports.
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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.
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Events
Manazel Real Estate Exhibition Kicks Off in Mansoura on December 3
Thursday, 3 December 2020
Manazel Real Estate Exhibition’s second edition kicked off on December 3 in Geziret El Ward Club, Mansoura, running for three days to host around 2,000 visitors, featuring unique incentives and attractive offers by the diverse range of exhibiting property developers.
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Developers Infrastructure Events
First Restaurant and Lounge Opens at Giza Pyramids
Thursday, 22 October 2020
The first restaurant and lounge the Giza Pyramids Complex is now open under the management of Orascom Investment Company as part of the framework of cooperation between the Supreme Council of Antiquities and Orascom Pyramids Company for recreational projects
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Developers
Orascom Investment Sees Higher Losses in H1
Wednesday, 25 September 2019
Egypt-based Orascom Investment Holding (OIH) incurred higher net losses of EGP 153.3 mn in the first half of 2019, compared to EGP 141.2 mn recorded during the prior-year period.
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Developers
Orascom Eyes Buying Shares in Sawiris’ Andermatt Swiss Alps
Wednesday, 9 January 2019
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, within the next two years.
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Developers
OIH Completes 30% Acquisition of Sarwa Capital
Monday, 24 December 2018
Egypt-based Orascom Investment Holding (OIH) has announced acquiring 30% (or about 216 mn shares) of structured- and consumer-finance player Sarwa Capital
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Last Modified January 3, 2022