Orascom Development Egypt Information

Orascom Development Holding (ODH) is a leading developer of fully integrated destinations, with more than 30 years of experience and a proven track record of sustainable development, including hotels, private villas and apartments as well as leisure facilities such as golf courses, marinas and supporting infrastructure. Listed on the SIX Swiss Exchange, the Group's diversified portfolio of destinations is spread over seven countries covering Egypt, UAE, Oman, Switzerland, Morocco, Montenegro and the United Kingdom, with primary focus on tourist destinations. The Group currently operates nine destinations: four in Egypt (El Gouna, Taba Heights, Makadi Heights and Byoum), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro and Andermatt in Switzerland. ODH recently launched O West, the latest addition to its portfolio and its first project in Cairo, Egypt, located in the 6th of October City. ODH currently owns a land bank of 101.1 million m2, of which 18.3 million m2 is completed, and a comprehensive hospitality portfolio of 7,198 rooms, which are either self-managed by Orascom Hotels Management (OHM) or by third-party hotel managers under management contracts.