Orascom Development Holding AG - Company Profile
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Orascom Development Holding AG (ODH) is a real estate service company. It focuses on the development of integrated properties such as hotels, apartments, private villas, towns, recreational facilities including golf courses and marinas, and supporting infrastructure. The company also provides hospital services, destination management services, mortgage financing, educational services, limousine rentals, laundry services, and marina operations among others. In addition, ODH is involved in the sale of land and land rights to third parties. It has an operational presence across Egypt, Jordan, Morocco, Oman, Switzerland, the UAE, Montenegro, and the UK. ODH is headquartered in Altdorf, Switzerland.
Orascom Development Holding AG premium industry data and analytics
Products and Services
Services |
---|
Real Estate and Construction |
Land Sales |
Villas and Apartment Rental |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In February, the company’s subsidiary Orascom Development Egypt (ODE) signed a milestone master agreement with the Egyptian authorities to further ODE’s long-term strategy and efforts to drive growth. |
2022 | Contracts/Agreements | In October, Orascom Development Egypt (ODE) announces it has received a preliminary non-binding offer to acquire Orascom for Real Estate, the owner of the O West project. |
2022 | Contracts/Agreements | In July, ODE’s subsidiary O West signs EGP 1.5 billion facility agreement to finance the development of the project. |
Competitor Comparison
Key Parameters | Orascom Development Holding AG | Emaar Properties | Sixth Of October For Development Investment Company SODIC SAE | Investis Holding SA | Zara Investment (Holding) Co Ltd |
---|---|---|---|---|---|
Headquarters | Switzerland | United Arab Emirates | Egypt | Switzerland | Jordan |
City | Altdorf | Dubai | Giza | Zuerich | Amman |
State/Province | - | - | - | Zurich | Capital |
No. of Employees | 10 | 6,300 | 157 | 1,611 | 2,073 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Naguib Samih Sawiris | Chairman | Executive Board | 2022 | - |
Omar El Hamamsy | Chief Executive Officer | Senior Management | 2020 | - |
Ashraf Nessim | Chief Financial Officer | Senior Management | 2017 | - |
Amr Samra | Chief Technology Officer | Senior Management | - | - |
Ahmed Dessouky | Chief Investment Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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