Orascom Development Egypt completes landmark $37.4 land sale to Hassan Allam Properties in El Gouna
Orascom Development Egypt (ODE) announced the sale of a 110,000-square-meter land plot…
ODE reports solid 1Q 2022 results, records revenues of EGP 1.9bn
Orascom Development Egypt (ODE) started the year on solid grounds with strong…
ODE reports EGP 7.1bn of revenues in 2021
The company’s EBITDA reached EGP 2.5bn, an 82.0% increase vs. EGP 1.4bn…
Orascom Development Egypt real estate sales record EGP 6.2bn in 9M 2021
El Gouna recorded EGP 3.05bn in sales, Makadi Heights achieved 854.7m, while…
ODE reports revenues grow 61.5% to EGP 1.46bn in Q1 2021
Company reported strong performance for the quarter compared to same quarter of…
ODE signs $265m medium-term loan to refinance outstanding debt
In a press statement on Monday, ODE said that it intends to…
ODE reports 17.5% decrease in H1 revenues to EGP 1.9bn
Company’s sees decreased gross profit due to pandemic affecting business operations since…
ODE appoints Omar El Hamamsy as Group CEO
El Hamamsy joins ODE from McKinsey & Company, where he is Senior…
ODE to launch 2 NIS international schools in O West
NIS Schools will apply blended learning system featuring online, traditional face-to-face learning
ODE records 10.5% revenues decline to EGP 903.8m in 1Q 2020
Group generated more savings in finance costs in 1Q 2020, with interest…