Projects of 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 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:

• Master-planned communities that combine homes, hotels, retail, recreation and essential infrastructure.

• Signature amenities such as golf courses, marinas, sports complexes, and extensive green spaces.

• People-centric design puts residents and visitors at the heart of every development.

3. Vision, Mission & Values

• Vision: To be the world’s leading destination developer and the preferred partner for turning raw land into dynamic living hubs.

• Mission: Build thriving communities and attractions that inspire people to live, work, and play—with each location expressing its own character and spirit.

• Core Values:

  • Customer Obsession: Communities are designed around real human needs.

  • Team Orientation: Success depends on seamless collaboration.

  • Driven & Resourceful: A “get-it-done” mindset delivers positive impact.

  • Integrity: Upholding the highest ethical standards in every decision.

4. Scale & Impact

• Land Bank: 50+ million m² across Egypt, including prime sites in 6th October City, Hurghada, and El Gouna.

• Developed Area: 14.75 million m² completed to date.

• In Progress: 8.07 million m² under construction; 3.29 million m² in pre-development.

• Public Listing: Traded on the Egyptian Exchange (EGX).

5. Leadership

• CEO: Omar El Hamamsy, steering ODE’s strategic growth and operational excellence.

6. Hospitality Arm

• Orascom Hotels Management (OHM): A wholly owned subsidiary operating 24 hotels (≈5,000 rooms) across Egypt.

• Franchise Partners: Renowned brands such as Rotana, Steigenberger, Sheraton, Mövenpick, Radisson, and The Chedi.

• Accolades: Consistent recognition from Condé Nast Traveler, World Travel Awards, TripAdvisor, and BBC Travel.

7. Flagship Projects

• O West (6th October City):

  • Area: 1,007 acres of gated community.

  • Offerings: Luxury villas, townhouses, apartments, retail, leisure amenities, and extensive green corridors.

• Fanadir Bay (El Gouna):

  • Seafront resort: Residences on elevated plots (1,400–2,200 m²) with panoramic Red Sea views and integrated lifestyle facilities.

• Makadi Heights (Hurghada):

  • Resort scale: 3.7 million m² master plan on Makadi Bay; only 12% built-up, 88% devoted to lagoons, lakes, and landscaped areas.

• Plus: Town Walk (Hurghada), Cyan & Kamaran (El Gouna), Fairways, The Nines, North Bay, DUA, Aden, Tuban, Downtown El Gouna South Marina.