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…
Featured Orascom Development Egypt H1 net real estate sales surge 16.9% Yomna Yasser Jul 19, 2022 0 Orascom Development Egypt (ODE) reported on Tuesday a 16.9 percent growth in net real estate sales to 4.7 billion…
Money Orascom Development appoints Mohamed Amer as Gouna CEO Amwal Al Ghad English Jun 2, 2022 0 The board of directors of Orascom Development has announced on Thursday the appointment of Mohamed Amer as the new…
Money Orascom Development Holding aims to lower its CHF 454 million debt portfolio – exec… Amwal Al Ghad English Nov 9, 2021 0 Egypt’s Orascom Development Holding aims to decrease its current debt portfolio which is worth CHF 454 million…
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…
Money Orascom Development inks $265m loan deal with four banks Amwal Al Ghad English Nov 23, 2020 0 Orascom Development Egypt (ODE) signed a medium-term loan agreement worth $265 million to refinance and upsize its…
Tech/AI ODH confirms it is looking to off load stake in Orascom Housing Communities Amwal Al Ghad English Nov 19, 2020 0 Orascom Development Egypt (ODH) is in talks to sell some or all of its stake in Orascom Housing Communities, it…
Money Egypt’s Orascom Development posts 38.8% surge in FY2019 revenues Amwal Al Ghad English Apr 13, 2020 0 Egyptian Orascom Development's revenues grew 38.8 percent year-on-year to 4.7 billion Egyptian pounds ($298.2…
Money Orascom Development to build two new schools in west of Cairo Maha Essam Mar 9, 2020 0 Orascom Development Egypt has signed on Monday an agreement with Cairo for Investment and Real Estate Development…
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 Orascom Development sees EGP3.5bln in O West sales during 2019 Maha Essam Jan 15, 2020 0 Orascom Development Egypt (ODE) has achieved total sales of 3.5 billion Egyptian pounds in its flagship O West …
Tech/AI Orascom Development regains control of Amoun Island in Aswan Amwal Al Ghad English Jan 2, 2020 0 Orascom Development has regained possession of Amoun Island in Aswan, which it says it owns, in cooperation with…
Money Beltone says Egypt’s real estate sector may decelerate by 2020 Amwal Al Ghad English Dec 28, 2019 0 Egyptian investment bank Beltone Financial said in recent report that it expects the country’s real estate sector…
Money Egypt’s Orascom Development 9-month net real estate sales jump 218.7% Maha Essam Nov 13, 2019 0 Egyptian Orascom Development Holding reported on Wednesday a 218.7 percent year-on-year growth in net real estate…
Money Egypt’s Orascom Development first-half revenues 52.4% up Amwal Al Ghad English Aug 22, 2019 0 Egyptian Orascom Development reported on Wednesday a 52.4 percent increase in its first half revenues to 2.33…
Featured Egypt’s Orascom sells 15% equity share in Oberoi Zahra Amwal Al Ghad English Jul 9, 2019 0 Orascom Development Egypt (ODE) announced selling its 51 percent equity stake in Oberoi Zahra to a private Egyptian…
Money Egypt’s Orascom Development inks $227.2 mln loan restructuring deal Amwal Al Ghad English Jun 15, 2019 0 Egypt’s Orascom Development Holding said on Thursday it has signed a deal to schedule its loans worth 3.8 billion…
Real Estate Hassan Allam, Orascom in talks for Upper Egypt’s PPP water, sanitation projects Amwal Al Ghad English Feb 10, 2019 0 Egyptian Holding Company for Water and Wastewater (HCWW) is in talks with Egypt’s state-owned construction firm,…
Real Estate Egypt’s Orascom sells two hotels, a land for $47.8 mln Amwal Al Ghad English Dec 29, 2018 0 Egypt's Orascom Development said on Thursday that the completion of selling its stake in two hotels and a land plot…
Real Estate Orascom Development, Thomas Cook sign EGP 200 mln hotel deal Amwal Al Ghad English Dec 19, 2018 0 Egypt's Orascom Development unveiled on Tuesday the signing of an agreement with Thomas Cook Group, one of the…
Real Estate Orascom Development board OKs 22.1 mln capital hike Amwal Al Ghad English Sep 25, 2018 0 Egyptian Orascom Development Company's board of director has agreed to raise the company’s issued capital to 1.13…
Real Estate Orascom Development partakes in PPP scheme in West Cairo Yomna Yasser Apr 10, 2018 0 Egypt’s Orascom Development Company unveiled Tuesday that it is set to team up with the state’s New Urban…
Real Estate Egypt’s Orascom Development launches Makadi Heights in Red Sea Yomna Yasser Apr 2, 2018 0 Egypt's Orascom Development launched the Makadi Heights project on the Red Sea governorate’s Makadi Bay, on an area…
Real Estate Egypt’s Orascom Development to launch Makadi Heights next April Yomna Yasser Mar 26, 2018 0 Orascom Development Egypt will launch the Makadi Heights project located on Makadi Bay in the Red Sea Governorate…
Real Estate Egypt’s Orascom Development net sales surge 87.5% in 2017 Yomna Yasser Jan 17, 2018 0 Egypt's Orascom Development Holding (ODH) said Wednesday its net sales rose by 87.5 percent to 1.46 billion…
Real Estate Orascom to launch Abu Tig Hill Hurghada in Q4, eyes $22 mln revenues Yomna Yasser Nov 19, 2017 0 Egypt’s Orascom Development Company says it plans to launch its real estate flagship Abu Tig Hill in El Gouna's…
Industry & Trade Sawiris conglomerate: From small Upper Egypt business to world’s billionaires lists Yomna Yasser Nov 29, 2015 0 A father and his three sons have made their way to being listed among the ten richest men in both Egypt and Africa.…
Industry & Trade Orascom Hotels names new Executive Chairman Yomna Yasser Jul 3, 2014 0 The board of directors of Orascom Hotels and Development (OHD), Orascom Development's largest subsidiary in Egypt,…
Industry & Trade Swiss-listed Orascom Warns on Profit amid Egyptian Instability Yomna Yasser Mar 19, 2014 0 Swiss-listed Orascom Development Holding AG (ODH) expects to post a full-year net loss, as Egyptian tourism suffers…
Industry & Trade Orascom Development, Ezz Elarab to Launch ‘Green’ Transport Services Yomna Yasser Feb 19, 2014 0 Egypt’s Orascom Development has joined hands with Ezz Elarab Automotive Group, the sole agent for Budget Rent a Car…
Real Estate Orascom Development Establishes a New Hotels Asset Management Subsidiary Yomna Yasser Nov 6, 2013 0 In line with the company's strategy of optimizing internal processes, enhancing performance and increasing…
Indices news Egypt’s Orascom Development Narrows Net Losses By 27% – Q1 Yomna Yasser Jun 2, 2013 0 Orascom Development Holding(AG) - (ODHN.CA) reported consolidated business results for the first quarter of 2013, a…
Indices news Orascom Development Incurs US$30 Mln Net Loss – Q1 Yomna Yasser May 29, 2013 0 Orascom Development Holding(AG) - (ODHN.CA) reported consolidated business results posting a net loss of CHF 29,409…
Indices news Orascom Development Ratifies FY/12 Business Results Today Yomna Yasser May 13, 2013 0 Orascom Development Holding AG (Orascom Development) (ODHN.CA) will be holding today its annual general meeting to…
Indices news Orascom Development Reports US$ 1.11 Bln Losses – FY/12 Yomna Yasser Apr 22, 2013 0 Orascom Development Holding AG (Orascom Development) (ODHN.CA) has announced on Monday its standalone financial…
Indices news Raymond Cron Quits Egypt’s Orascom Development By June-End Yomna Yasser Apr 22, 2013 0 The current Chief Operating Officer (COO) of Orascom Development Holding AG (Orascom Development) (ODHN.CA),…
Indices news Orascom Development’s Egypt Market Exit Looming On Horizon Yomna Yasser Apr 2, 2013 0 The leading global developer Orascom Development Holding AG (Orascom Development) (ODHN.CA) has been reducing its…
Indices news Orascom Development Q3 Net Loss Hit CHF 31.9 Mln Yomna Yasser Dec 6, 2012 0 For the third quarter of 2012 Orascom Development Holding AG (Orascom Development) (ODHN.CA) reports a 3.7%…