Orascom Development

Orascom Development is a company specialized in the complete and comprehensive development of tourist cities in Egypt. It is listed on the Egyptian Stock Exchange with a total of 1,130,473,523 shares, 75% of which are owned by Orascom Development Holding. Orascom Egypt for Development and Real Estate specializes in developing residential units, hotels, and recreational facilities such as golf courses, and yacht marinas.

The company also builds infrastructure in all its projects such as hospitals, schools, and public facilities, The company currently owns land with a total area of 49.9 million square meters, and 23 hotels, with a total of 4,949 rooms in 4 tourist destinations: El Gouna in Hurghada on the Red Sea coast, Taba Heights in the Sinai Peninsula, Makadi Heights in Hurghada, and Byoum Al Fayoum.

Orascom Development Egypt is the largest subsidiary of the Orascom Development Holding Group, and is a leading developer of integrated projects around the world, in Egypt, the UAE, Oman, Morocco, Montenegro, Switzerland, and the United Kingdom. The group operates 33 hotels with 7,198 rooms and owns about 1010,000 million square meters of land.

Orascom has developed an ambitious plan to occupy a leading position in the field of tourism by taking advantage of Egypt’s wealth of historical, archaeological, and cultural sites and places by providing the best hospitality services to visitors, using the latest technology and the best management and operating models to develop archaeological sites, and transform the experience of its visitors into an experience Unique of its kind, which draws the world’s attention to the important monuments and the great civilization that Egypt enjoys, for Egypt to occupy the position it deserves on the global tourism map.

Orascom Development Projects 

• Makadi Heights in Hurghada.
• El Gouna mega project.
• O West 6th of October Project.
• Club Residence O West 6th of October.
• An entire city in Switzerland.
• Byoum Al Fayoum.
• It also has multiple businesses in Oman and the UAE.
• The village of Taba Heights, South Sinai.
• In addition to its work in London and Montanevera.