Monday 23 Dec

Orascom Development

Sawiris family bids to acquire Orascom Development Holding
2024/12/18

Sawiris family bids to acquire Orascom Development Holding

The Sawiris family, through their wholly-owned company LPSO Holding Ltd, has submitted a tender offer to acquire all outstanding shares of Orascom Development Holding. The...

Orascom generates 5 billion EGP from hotels, commercial assets
2024/11/11

Orascom generates 5 billion EGP from hotels, commercial assets

Orascom Development Egypt has announced significant growth in its recurring revenue, primarily driven by its hotel and commercial assets. These segments contributed 5 billion Egyptian...

Orascom starts developing a new million square meters in El Gouna
2024/10/01

Orascom starts developing a new million square meters in El Gouna

Orascom Development has launched a new project within the city of El Gouna, as part of its plan to develop the mega city, according to...