Tag: OHD

orascom hotels
Business

Boost in Orascom Hotels revenues in Q1 2017

Company’s revenues increased by 73.9%, from EGP 284m in Q1 2016 to…

Reem Hosam El-din Reem Hosam El-din
Orascom Hotels and Development (OHD) is planning to begin the expansion of the second marina in El Gouna resort town, north of Hurghada, in early 2017 through financial leasing, according to general manager of the resort town, Mahmoud El-Baroudi
BusinessInterviewsTourism

OHD to begin expansion of second El Gouna marina early 2017: GM

We still have a large portfolio of lands in the resort of…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi
BusinessReal Estate

Samih Sawiris’ OHD turns to profitability in H1 of 2015

OHD recorded net profits worth EGP 154.7m in H1 of 2015, up…

Menna Samir Menna Samir
Orascom Construction Industries (OCI) will comply with the Egyptian Financial Supervisory Authority’s (EFSA) request for additional documentation, disclosures and clarification pertaining to the announced mandatory tender offer (MTO) by OCI NV on its ordinary shares (Photo\Public Domain)
Business

Orascom Development Holding sees loss in Q1 of 2015

Company has made losses worth CHF 37.963m, compared to profits made in…

Menna Samir Menna Samir

Orascom Development Holding records $37.01m net profits in 2014

The group had accumulated losses worth $171.3m in 2013

Menna Samir Menna Samir
The Egyptian Stock Exchange in session. (DNE PHOTO)
Business

OHD offers 15% of stocks at EGP 506m

33m stocks were offered by the company

Sara Aggour Sara Aggour

Orascom Development Holding registers first profit since 2010

The Swiss hotel operator is expecting an improvement in the hotel performance…

Doaa Farid Doaa Farid
BusinessEconomy

Central Bank launches new initiative to boost tourism sector

Amr Shetta, from Orascom Hotels and Development, said that ‘it is not…

Daily News Egypt Daily News Egypt