Egypt’s developers moving to integrated towns, Orascom CEO says
Egypt’s real estate developers are increasingly moving from standalone residential projects to fully integrated…
Browsing Tag
El Gouna
Orascom Egypt, IFC sign $157m green tourism agreement
Orascom Development Egypt signed a $157 million concessional financing agreement with the International Finance…
Egypt’s El Gouna Film Festival postpones in solidarity with Palestine
The upcoming El Gouna Film Festival (GFF) in Egypt has taken the decision to postpone the event to the 27th of…
Orascom denies reports Ukrainian president’s family own villa in Egypt’s El Gouna
Orascom Development, the owner of the upscale Red Sea resort of El Gouna, denied on Wednesday media reports that…
Get to know the best five eco-friendly hotels in Egypt
Egypt has been working hard to transform its hospitality industry since 2012 and even created the Green Star…
Orascom signs $151m deal with Egypt government for El Gouna project
Orascom Development Egypt (ODE) has signed a $151 million milestone agreement with the Egyptian authorities…
Orascom Development appoints Mohamed Amer as Gouna CEO
The board of directors of Orascom Development has announced on Thursday the appointment of Mohamed Amer as the new…
Orascom: German FTI launches first MENA business district in Egypt’s Gouna
Orascom Development Holding on Monday announced that German tour operator FTI had inaugurated a central business…
El Gouna to host Egypt’s, MENA’s first ever Global Impact Challenge
Egypt will play an integral role in the Singularity University’s Global Impact Challenge (GIC); the event will be…
Egypt’s Dynamics in talks to develop Kaza Club Hotel El Gouna
Egyptian Dynamics Design and Build says it is negotiating to develop Kaza Club Hotel project in El Gouna, 464km…
Orascom to launch Abu Tig Hill Hurghada in Q4, eyes $22 mln revenues
Egypt’s Orascom Development Company says it plans to launch its real estate flagship Abu Tig Hill in El Gouna's…
Sawiris’s Orascom to inaugurate Gouna and Fayoum hotels in 2016
Egypt-based Orascom Hotels and Development (OHD) is planning to inaugurate both Ancient Sands hotel-El Gouna and…
Misr Insurance renews Sawiris-run Orascom Hotels’ $754mn policy
The leading insurer in MENA region, Misr Insurance Company has renewed an insurance policy for Orascom Hotels and…
Poland eases travel warnings on Egypt
The Polish Ministry of Foreign Affairs eased travel warnings Tuesday to tourists wishing to visit five Red Sea…
Poland Lifts Travel Ban on Its Citizens to Egypt
Poland has lifted travel ban on its citizens to Egyptian tourist resorts in Hurghada, Sharm El Sheikh, El Gouna,…
Orascom Sheds Assets in Egypt As It Restructures Business
Swiss-listed Orascom said on Sunday it would divest stakes in a number of non-core assets in Egypt as it…
Orascom Development, Ezz Elarab to Launch ‘Green’ Transport Services
Egypt’s Orascom Development has joined hands with Ezz Elarab Automotive Group, the sole agent for Budget Rent a Car…
Egypt Competes for “World’s First Carbon Neutral Town Title
Three Egyptian Ministries signed an agreement paving the way for a number of Touristic Projects and Towns to…
Technische Universität Berlin Opens Satellite Campus In El Gouna; ODH
The Technische Universität Berlin (TUB) yesterday celebrated the launch of its branch in El Gouna and the start of…
Orascom Development: Contracted Sales In Egypt Hit $16.6 Mln In H1/2012
Orascom Development Holding AG (Orascom Development) - ODH (ODHN.CA) said for the projects in Egypt as a…
Orascom Hotels & Development Receives Certificate of Excellence
Ten 4 and 5-star hotels in El Gouna, Jordan and Oman have received the Trip Advisor Certificate of Excellence…
A Test drive on “Toyota Fortuner 4×4” in El Gouna
For two exciting days, Toyota Egypt gave a number of journalists the golden opportunity to test drive it’s brand…