Orascom Development Egypt
1. Origins & Growth Founded: 1989 Mission: Craft fully integrated, vibrant communities that enrich people’s lives. Evolution: What began as a modest seaside retreat near the Red Sea has, over...
Developer Projects 10
About Developer
1. Origins & Growth
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Founded: 1989
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Mission: Craft fully integrated, vibrant communities that enrich people’s lives.
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Evolution: What began as a modest seaside retreat near the Red Sea has, over three decades, expanded into a global portfolio spanning three continents—delivering residential, commercial, and hospitality projects built to international standards.
2. Integrated Destination Development
Since 1995, ODE has pioneered a holistic approach:
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Master-planned communities that combine homes, hotels, retail, recreation and essential infrastructure.
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Signature amenities such as golf courses, marinas, sports complexes, and extensive green spaces.
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People-centric design puts residents and visitors at the heart of every development.
3. Vision, Mission & Values
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Vision: To be the world’s leading destination developer and the preferred partner for turning raw land into dynamic living hubs.
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Mission: Build thriving communities and attractions that inspire people to live, work, and play—with each location expressing its own character and spirit.
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Core Values:
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Customer Obsession: Communities are designed around real human needs.
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Team Orientation: Success depends on seamless collaboration.
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Driven & Resourceful: A “get-it-done” mindset delivers positive impact.
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Integrity: Upholding the highest ethical standards in every decision.
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4. Scale & Impact
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Land Bank: 50+ million m² across Egypt, including prime sites in 6th October City, Hurghada, and El Gouna.
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Developed Area: 14.75 million m² completed to date.
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In Progress: 8.07 million m² under construction; 3.29 million m² in pre-development.
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Public Listing: Traded on the Egyptian Exchange (EGX).
5. Leadership
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CEO: Omar El Hamamsy, steering ODE’s strategic growth and operational excellence.
6. Hospitality Arm
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Orascom Hotels Management (OHM): A wholly owned subsidiary operating 24 hotels (≈5,000 rooms) across Egypt.
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Franchise Partners: Renowned brands such as Rotana, Steigenberger, Sheraton, Mövenpick, Radisson, and The Chedi.
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Accolades: Consistent recognition from Condé Nast Traveler, World Travel Awards, TripAdvisor, and BBC Travel.
7. Flagship Projects
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O West (6th October City):
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Area: 1,007 acres of gated community.
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Offerings: Luxury villas, townhouses, apartments, retail, leisure amenities, and extensive green corridors.
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Fanadir Bay (El Gouna):
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Seafront resort: Residences on elevated plots (1,400–2,200 m²) with panoramic Red Sea views and integrated lifestyle facilities.
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Makadi Heights (Hurghada):
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Resort scale: 3.7 million m² master plan on Makadi Bay; only 12% built-up, 88% devoted to lagoons, lakes, and landscaped areas.
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Plus: Town Walk (Hurghada), Cyan & Kamaran (El Gouna), Fairways, The Nines, North Bay, DUA, Aden, Tuban, Downtown El Gouna South Marina.

