Company Profile

 

Orascom Development Egypt (ODE) is a leading developer of fully integrated destinations in Egypt. It involves a vertically – integrated business model with various development fields including private villas and apartments, hotels, leisure facilities such as golf courses, marinas, and other supporting infrastructure such as schools, universities and hospitals.

The company currently owns a land bank of 45.7 million sqm and 27 hotels, 20 self-managed and 7 under management with a total of 6,023 rooms located on the Egyptian Red Sea Coast in Hurghada in El Gouna, Makadi, Sinai Peninsula in Taba Heights and Byoum in Fayoum.

ODE also holds an 87% stake in Tamweel, a financial services company providing mortgage, leasing, and insurance, among other services.

 

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