Orascom

About Orascom Development Holding

Orascom Development stands as one of the most prominent leaders in the real estate market across Egypt and the Middle East. The company consistently positions itself at the forefront of the industry through a steadfast strategy that sets it apart from competitors. With over 30 years of expertise since its establishment in 1976, Orascom Development Holding has built an unshakeable foundation of trust with clients by delivering comprehensive, distinctive projects that exceed expectations.

The projects developed by Orascom Real Estate span residential, administrative, and commercial sectors, maximizing investment opportunities and achieving exceptional sales performance. The company boasts an impressive land portfolio of 50.25 million square meters and continues expanding its developments throughout the Republic.

Orascom Development collaborates with leading experts and consultants in construction, adding innovative touches to their work that transcend traditional approaches.

Orascom Development Holding distinguishes itself with a remarkable history of achievements and prestigious projects, making it the first choice for those who appreciate luxury and sophistication. This success stems from exceptional management led by renowned businessman Samih Sawiris, Chairman of the Board.

Meet the distinguished Board of Directors of Orascom Development Holding:

• Naguib Sawiris serves as Vice Chairman of the Board.
• Omar El Hamssy holds the position of Group CEO and Executive Board member at Orascom Development Holding, leading the Orascom Development organization across seven countries and nine destinations.
• Ashraf Nassim serves as Group CFO and Executive Board member of Orascom Development Holding, leading and managing financial procedures and strategies across ODH destinations.
• Marion Kaddour heads the Group Commercial and Strategy division as Chief Commercial and Strategy Officer, overseeing the development of ODH's strategic agenda at the group level and leading the Commercial Excellence Center that drives best commercial and marketing practices across diverse global destinations.
• Ahmed Desouky serves as Group Head of Business Development and Chief Business Development Officer at Orascom Development Holding.

Orascom Group's Distinctive Features and Objectives

Orascom Group possesses numerous advantages that establish it as a leader in real estate marketing. The company follows strategic objectives that deliver exceptional, sophisticated projects, resulting in unprecedented sales achievements.

Discover the key features and objectives that define the company:

• Orascom Development prioritizes timely project delivery, meeting predetermined schedules with clients and building strong, trust-based relationships.
• The company commits to using the finest materials and construction components, ensuring unparalleled quality in every project delivered.
• Orascom Development Holding continuously embraces global advancement, staying informed about the latest trends in the real estate market.
• Orascom Real Estate utilizes environmentally-friendly materials across all supervised projects, minimizing the environmental impact on the community.
• The company collaborates with leading international firms specializing in design and finishing to benefit from their expertise.
• Orascom Development bases its project designs on innovation and creativity, moving away from conventional approaches to create unique experiences for clients.
• Orascom Real Estate strengthens client relationships by enhancing after-sales services and gathering feedback about their residential units.
• Orascom Group carefully selects project locations, ensuring proximity to key strategic hubs and major thoroughfares.

Orascom's Vision and Mission

Orascom Development strives to be the top choice for all clients, positioning itself at the forefront of urban development companies. The company seeks to transform conventional concepts of residential communities while improving quality of life and pursuing modern innovations.
Orascom Development also focuses on strengthening global connections by expanding across the Middle East through various projects in different countries.

Key Projects by Orascom Development

Orascom Development Holding commands an extensive land portfolio for projects across various global locations. Projects supervised by Orascom Real Estate feature unique architectural designs inspired by European styles, complemented by comprehensive services and facilities that fulfill every client requirement.

• Makadi Heights Hurghada Red Sea Resort: This exceptional resort spans 850 acres, with 85% dedicated to residential buildings and the remainder allocated to green spaces and landscaping. Makadi Heights Resort offers diverse unit types including apartments, chalets, and lagoon properties. The company developed this project in multiple phases, ensuring availability of all unit types and areas to meet client needs. Apartment areas in Makadi Heights start from 77 square meters, while villas begin at 133 square meters. Prices start from 5,060,000 EGP with a 10% down payment over 7-year installments.
• O West Orascom Compound October: O West Compound represents one of Orascom Development's most significant recent projects. Located in 6th of October City, O West spans 1,000 acres at 30 meters elevation above surrounding areas, ensuring moderate climate year-round. The company provides 900 diverse residential units in O West, including regular apartments, penthouses, independent villas, twin houses, and townhouses. Unit areas range from 124 to 250 square meters, with prices starting from 12,600,000 EGP and flexible payment plans featuring 5% down payment over 9 years.

Additional notable projects executed by Orascom Development include:

• El Gouna.
• Taba Heights.
• Byoum established in the heart of Fayoum City.
• Hawana Salalah.
• Jebel Sifah.
• City Walk established.
• As Soudah Island.