Orascom Development Egypt

Founded in 1989, Orascom Development Egypt (ODE) is one of the well-known entities in the Egyptian real estate market. It aims to build thriving communities that unleash life's potential. 

After more than 30 years of operation, Orascom’s goal of establishing a small slice of paradise near the Red Sea has grown into a vast portfolio of fully integrated projects spread over three continents. 

Orascom builds commercial, residential, and hospitality projects. Every development is constructed according to international standards, resulting in an enhanced standard of living. It focuses on creating thriving, cohesive communities. 

Orascom Development Egypt smartly chooses its projects locations. The initial intention was to create a small slice of heaven close to the Red Sea, and now, it’s one of the leading companies in the country. 

Orascom Development Egypt Facts & Figures 

Orascom Development was established in 1989. In 1995, the company was listed on the Egyptian Stock Exchange (EGX).

Orascom is currently the largest subsidiary of Orascom Development Holding (ODH). It has over 30 years of experience creating world-class travel destinations. During that period, the business became proficient in creating entirely new communities.

The integrated development strategy of Orascom Egypt Development blends stunning homes, first-rate hotels, and amazing commercial and recreational facilities, including golf courses, marinas, sports complexes, shops, and dining establishments. 

Orascom Egypt Development has acquired about 50 million square meters of land. More than 14 million square meters of that land have already been developed, with numerous sophisticated schemes.  

El Gouna, Red Sea, is Orascom’s flagship beachtown. It is one of the best tourist and vacation destinations in Egypt, developed to be a fully integrated community with world-class amenities. 

Orascom Development Egypt Vision, Mission, & Values 

Built on a strong strategy with a resilient vision, applicable mission, and solid core values, Orascom Development Egypt became a pioneer in the Egyptian real estate market. 

The company’s vision is to become the preferred partner for turning land into vibrant hubs of life and a world leader in destination development.

With perfectly planned developments that empower, inspire, integrate, and respect, the company aims to raise the standard of living. Orascom is establishing links to a way of thinking, a group of people, and a feeling of inclusion.

The company’s mission is to build thriving communities and attractions that inspire people to live, work, and play. Every location should, in the opinion of Orascom Egypt Developments, have a distinct personality, spirit, and character. 

Its projects feature all the amenities and services in its master-planned communities to provide a higher standard of living and to help people realize their full potential. 

The standard of living that its destinations provide and the lasting value that they generate are how Orascom Development Egypt measures its success.

It upholds the aforementioned values in all aspects of its operations in order to fulfill its mission and vision. The guiding principles of Orascom Development Egypt are:

• Customer-centric.

• Team Orientation.

• Driven & Resourceful.

• High Integrity.   

Orascom Development Owner

Orascom Egypt was founded by Onsi Sawiris, and it is led by the Sawiris family. The creative mind behind its real estate development sector is Eng. Samih Sawiris. Being one of the reputable names in the Egyptian industry, the company has developed many high-end projects in Egypt’s prime locations, such as 6 October.

Note that Omar El Hamamsy is the current Chief Executive Officer (CEO) of Orascom Development Egypt. 

Orascom Development Egypt Top Projects 

Since its inception, Orascom Development Egypt has supplied the market with outstanding real estate projects. They were built with an eye to the finest details. The company’s portfolio includes many prestigious communities, such as:

• O West Compound in 6th of October City

• Many luxurious residential neighborhoods in Gouna, such as Fanadir Bay and The Nines.

• Makadi Heights Resort in Hurghada

O West

O West Compound in 6th of October City is among the high-end projects in West Cairo by Orascom Development Holding Egypt. It covers1,007 acres of land. 

This perfectly integrated gated community boasts many upscale features. Along with opulent mansions, it offers countless cozy and opulent amenities. 

In order to provide inhabitants with the most pleasant lifestyle possible, a variety of high-end services were also incorporated into its buildings. O West offers comfortable living as well as a convenient location from which to commute. 

El Gouna Neighborhoods

Orascom Development Egypt built many elite residential neighborhoods in El Gouna, its flagship town. Each one has a fancy collection of properties, amenities, and a prime location that is close to this coastal paradise’s first-class destinations. Some of them are:

• Waterside Condos

• Ancient Sands Golf Resort

• Fanadir Shores

Makadi Heights by Orascom Development Holding

Makadi Heights in Hurghada is an integrated resort in Makadi Bay, Egypt. With a vast land size of 1000 acres, just 12% of it is dedicated to the built-up area, with the rest 88% going toward the landscape and water features like the gigantic lagoons, lakes, pools, and waters. 

With more than a million square meters reserved for buildings, Makadi Heights was developed 70 meters above sea level and boasts stunning views. Orascom Egypt included a broad array of amenities in the resort, such as an educational hub, sports facilities, luxurious hotels, and more.

Orascom Development Holding Egypt divided Makadi Heights into several zones, one of which is Town Walk. 

Own your property in any of the elite projects by Orascom Development through Forsa Property. Our real estate experts will ensure a seamless homeownership journey from beginning to end. 

Call us now on 15211, and we will assist you throughout the process. 

Orascom Development Egypt Sister Company

Orascom Hotels Management (OHM) is Orascom Development Egypt’s wholly owned subsidiary in charge of running the majority of the business's hotels.

In addition to Orascom Hotels Management and development, the company operates and owns 24 hotels in Egypt. 

Rotana, Steigenberger, Sheraton, Mövenpick, Radisson, and the ultra-high-end luxury brand Chedi are just a few of the globally recognized strategic franchise partners that support its hotel operations. Other locations are operated under their own names.

The upscale hotels have received recognition for exceptional guest experiences from Condé Nast Traveler, the World Travel Awards, TripAdvisor, BBC Travel, and other prominent industry names over the years.