Orascom Development Egypt

Orascom Financial Holding, which is owned by well-known Egyptian millionaire Naguib Sawiris, has accepted an offer extended by UAE-based Chimera Investments to acquire a controlling stake in…
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Egyptian business tycoon Samih Sawiris will step down and will not stand for re-election as chairman of Orascom Development Holding (ODH) during next annual assembly meeting in spring 2022,ending a…
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A consortium, including Orascom Construction PLC and Toyota Tsusho Corporation, has signed a 20-year agreement with the Egyptian Electricity Transmission Company (EETC) to develop and operate a 500 MW…
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Orascom Development Egypt (ODE) has announced its preliminary real estate and hotels’ key performance indicators (KPIs) for the third quarter (Q3) of 2021.
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Orascom Development has laid the foundation stone for the O West Club, which is located in 6th of October City, on an area of ​​38 feddan.
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Orascom Development Egypt (ODE), a subsidiary of Orascom Development Holding AG (ODH), reported on Monday a 342.28 percent year-on-year jump in net profit for the first half of the year.
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The net profits of Orascom Development Egypt (ODE) leapt by 377% year-on-year (YoY) to EGP 438.46 million in the first quarter (Q1) of 2021, compared to EGP 91.85 million, including minority…
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Orascom Development Egypt (ODE)  posted 571.32 million Egyptian pounds in consolidated net profits in 2020, down by 19% year-on-year (YoY)  705.55 million pounds, including minority shareholders’…
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