Featured Egypt’s developers moving to integrated towns, Orascom CEO says Amwal Al Ghad EN Jun 4, 2026 0 Egypt’s real estate developers are increasingly moving from standalone residential projects to fully integrated…
Money Orascom denies reports Ukrainian president’s family own villa in Egypt’s El Gouna Yomna Yasser Sep 4, 2023 0 Orascom Development, the owner of the upscale Red Sea resort of El Gouna, denied on Wednesday media reports that…
Money Egypt’s Orascom Development profits rise by 57.7% in Q2 Sama Mousa Aug 15, 2023 0 Egypt's Orascom Development profits rose by 57.7 percent during the second quarter of 2023 to 622.1 million…
Money Orascom Development records 45.2% profit increase in 2022 Sama Mousa Mar 19, 2023 0 Orascom Development Egypt (ODE) has recorded a net profit up 45.2 percent to record 1.9 billion Egyptian pounds…
Egypt News Orascom signs $151m deal with Egypt government for El Gouna project Nada Ali Feb 15, 2023 0 Orascom Development Egypt (ODE) has signed a $151 million milestone agreement with the Egyptian authorities…
Featured Samih Sawiris to step down as Orascom Development Holding chairman Amwal Al Ghad English Dec 14, 2021 0 Egyptian business tycoon Samih Sawiris will step down and will not stand for re-election as chairman of Orascom…
Money Orascom Development Egypt H1 net profit soars 342% Amwal Al Ghad English Aug 16, 2021 0 Orascom Development Egypt (ODE), a subsidiary of Orascom Development Holding AG (ODH), reported on Monday a 342.28…
Featured Egypt’s Orascom Development sees increase in hotel occupancy rates in Q4 Amwal Al Ghad English Aug 19, 2020 0 Egypt’s Orascom Development Holding expected that its hotel occupancy rates would increase within the third and…
Featured Egypt’s Orascom Development first-half profits fall 57% Amwal Al Ghad English Aug 16, 2020 0 Egypt’s Orascom Development Holding reported on Sunday a 57 percent year-on-year drop in its net profits to 168.35…
Featured Egyptian mogul Samih Sawiris ‘rescues’ a coronavirus-hit German tour operator FTI Amwal Al Ghad English Apr 17, 2020 0 Egyptian real estate mogul Samih Sawiris has acquired majority control of FTI Group, rescuing the German tour…
Tech/AI Egypt’s Orascom Development CEO Khaled Bichara dies in car accident Amwal Al Ghad English Feb 1, 2020 0 Chief executive of Egypt-based Orascom Development Holding Khaled Bichara, has died in a car accident on Friday.
Money Egypt’s Orascom launches phase I of its works debut in UK Amwal Al Ghad English Nov 6, 2019 0 Egypt’s Orascom Development Holding said on Monday it has started the first phase of its housing project debut -…
Money Orascom: German FTI launches first MENA business district in Egypt’s Gouna Amwal Al Ghad English Oct 14, 2019 0 Orascom Development Holding on Monday announced that German tour operator FTI had inaugurated a central business…
Money Egypt- Orascom to pump EGP 2.5bln into its projects this year: CEO Maha Essam May 14, 2019 0 Orascom Development Holding (ODH) intends to pump investments of 2.5 billion Egyptian pounds into the company's…
Featured Orascom to launch phase I of 6th Oct. City’s PPP housing project Maha Essam Dec 31, 2018 0 Egypt’s Orascom Development Holding plans to launch the first phase of a new public-private partnership project…
Real Estate Egypt’s Orascom to develop PPP housing project in 6th Oct. City Amwal Al Ghad English Dec 12, 2018 0 Egypt’s Orascom Development Holding has signed on Wednesday a partnership agreement with the country’s New Urban…
Real Estate Egypt’s Orascom Development 9-month contractual sales rise 78.2% Maha Essam Nov 12, 2018 0 Egypt’s Orascom Development Holding reported on Monday a 78.2 percent growth in its contractual sales to 1.7…
Real Estate Egypt’s Orascom Development to sell 3 hotels at year-end Islam salah Aug 15, 2018 0 Egypt’s Orascom Development Holding says it is planning to sell three hotels worth 800 million Egyptian pounds…
Featured Billionaire Sawiris steps in to end investors dispute with Egypt government Amwal Al Ghad English Jul 19, 2018 0 Egypt on Wednesday approved a deal settling a land dispute pitting the government against a group of international…
Real Estate Egypt real estate market approaching ‘bubble’: Samih Sawiris Yomna Yasser Nov 29, 2016 0 Egypt’s real estate market is approaching a bubble that will follow the current boom in the sector, Samih Sawiris,…
Real Estate Orascom Development incurs losses of $18mn in Q2 aya salah Aug 17, 2016 0 Egypt's premier new home and touristic real estate developers, Orascom Development Holding turned a 168 million…
Real Estate Egypt’s Orascom Development turns into losses of $23mn in FY 2015 aya salah Apr 14, 2016 0 Egypt- based Orascom Development Holding (ODH) has turned into loss during fiscal year 2015 to incur net losses of…
Real Estate Egypt’s Orascom Development turns into losses of $23mn in FY 2015 aya salah Apr 14, 2016 0 Egypt- based Orascom Development Holding (ODH) has turned into loss during fiscal year 2015 to incur net losses of…
Egypt News Tourism Investors face Obstacles in Egypt Administrator May 5, 2015 0 Tourism investment needs restructuring, and the Ministry of Tourism should have a vision for their future…
Financial Institutions Egypt’s Top Performing Companies Ignore Online Presence: Business Directory Salma Ayman Feb 3, 2015 0 Egyptian companies do not realise the potential of an online presence, according to a study conducted by the…
EGX In Week, Egypt Indices Lose EGP14bn, EGX30 Dives Yomna Yasser Dec 13, 2014 0 In a week, Egypt’s stock Exchange (EGX) encountered massive losses amounting to 14 billion Egyptian pounds (US$1.9…
EGX Orascom Development to Offer 10-15% of Egypt Subsidiary to Activate Trading on EGX Yomna Yasser Dec 11, 2014 0 Orascom Development Holding AG filed with the Egyptian Stock Exchange (EGX) to offer 10-15% of its Egyptian…
Industry & Trade Orascom Development Holding Mulls Sale of 10-15% of Egyptian Subsidiary Yomna Yasser Nov 25, 2014 0 Orascom Development Holding AG said on Tuesday it is evaluating the sale of 10-15% of its Egyptian subsidiary. In…
Industry & Trade Sawiris Family’s Contributions to Egypt Economy Totalling EGP1bn Yomna Yasser Nov 3, 2014 0 The Sawiris family, one of Egypt’s two wealthiest families, made contributions totalling around one billion…
Industry & Trade Egyptian Tycoon Sawiris to Buy into German Travel Group FTI Yomna Yasser Mar 4, 2014 0 Egyptian billionaire Samih Sawiris is taking a stake of 25 percent to 35 percent in FTI, Germany's fourth-biggest…
Indices news Alexander Teamah Named Orascom Development Acting CFO Yomna Yasser Jul 15, 2013 0 Orascom Development Holding - ODH (ODHN.CA) announced that Dr. Alexander Teamah has been appointed as an Acting…
Industry & Trade Orascom Development to Sell its Stake in Medinet Nasr Housing Yomna Yasser Jun 30, 2013 0 Orascom Development Holding - ODH (ODHN.CA) announced that BOD approved to sell its indirect investments in Medinet…
Indices news Orascom Development Incurs US$30 Mln Net Loss – Q1 Yomna Yasser May 29, 2013 0 Orascom Development Holding(AG) - (ODHN.CA) reported consolidated business results posting a net loss of CHF 29,409…
EGX EGX 30 Falls 2.7% In Week Amid IMF Loan Vague Vision Yomna Yasser Oct 4, 2012 0 Egyptian Exchange benchmark EGX30 index dipped by 2.73 % this week, representing a decline of 160.92 points, ending…
Indices news Orascom Development’s Omani Marina Project Sales Hit $9.8 Mln Yomna Yasser Aug 30, 2012 0 Orascom Development Holding AG (Orascom Development) - ODH (ODHN.CA) said the Group has sold during the…
EGX EGX 30 Surges 1%, IMF Loan Talks Week Yomna Yasser Aug 23, 2012 0 Egyptian Exchange's benchmark EGX 30 index rose by 1 % this week, representing an increase of 52.12 pts, ending…
Indices news Orascom Development Holding Cancels 175.000 Egyptian CDs: EGX Yomna Yasser Jul 23, 2012 0 The Egyptian Exchange (EGX) has announced receiving a notice from Misr for Central Clearing, Depositary and…
Indices news Orascom Development Losses Hit EGP 2.3 Mln; Q1/2012 Yomna Yasser Jul 16, 2012 0 Orascom Development Holding (ODH) (ODHN.CA) has posted net losses of EGP 2.334 million during the first…
Indices news Orascom Development Wins Approval for Swiss Andermatt Ski Area Takeover Yomna Yasser Jul 16, 2012 0 The Andermatt Swiss Alps project owned by Egyptian-controlled listed Swiss company Orascom Development Holding…
Get To Know Orascom Empire: Samih Sawiris Amwal Al Ghad English Jul 11, 2012 0 Samih Onsi Sawiris (born in 1957) second of three sons of Onsi Sawiris. As of 2011 his net worth was…