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…
Browsing Tag
Orascom Development Holding
Egypt’s Orascom Development profits rise by 57.7% in Q2
Egypt's Orascom Development profits rose by 57.7 percent during the second quarter of 2023 to 622.1 million…
Orascom Development records 45.2% profit increase in 2022
Orascom Development Egypt (ODE) has recorded a net profit up 45.2 percent to record 1.9 billion Egyptian pounds…
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…
Samih Sawiris to step down as Orascom Development Holding chairman
Egyptian business tycoon Samih Sawiris will step down and will not stand for re-election as chairman of Orascom…
Orascom Development Egypt H1 net profit soars 342%
Orascom Development Egypt (ODE), a subsidiary of Orascom Development Holding AG (ODH), reported on Monday a 342.28…
Egypt’s Orascom Development sees increase in hotel occupancy rates in Q4
Egypt’s Orascom Development Holding expected that its hotel occupancy rates would increase within the third and…
Egypt’s Orascom Development first-half profits fall 57%
Egypt’s Orascom Development Holding reported on Sunday a 57 percent year-on-year drop in its net profits to 168.35…
Egyptian mogul Samih Sawiris ‘rescues’ a coronavirus-hit German tour operator FTI
Egyptian real estate mogul Samih Sawiris has acquired majority control of FTI Group, rescuing the German tour…
Egypt’s Orascom Development CEO Khaled Bichara dies in car accident
Chief executive of Egypt-based Orascom Development Holding Khaled Bichara, has died in a car accident on Friday.
