Orascom Development Egypt

Founded in 1989, Orascom Development Egypt (ODE) is one of the most recognized brands in the Egyptian real estate market, committed to building thriving communities that unlock the full potential of life.

After more than 30 years of operation, what started as a modest goal to create a small slice of paradise near the Red Sea has expanded into a vast portfolio of fully integrated projects spanning three continents.

Orascom Development specializes in commercial, residential, and hospitality properties. Every project is developed to meet international standards, resulting in an enhanced quality of life for residents and visitors alike.

As a leading global developer, Orascom Egypt Development focuses on creating vibrant, cohesive communities. The company develops innovative new locations that attract those seeking to establish their lives there. These inspiring communities are crafted in soulful locations where families, locals, tourists, leisure activities, and businesses come together.

Since 1995, Orascom has been applying its unique approach to destination development and is publicly listed on the Egyptian Stock Exchange.

Initially, the vision was to create a small piece of heaven near the Red Sea. Today, Orascom Development Egypt is the largest subsidiary of Orascom Development Holding (ODH) and a leading developer of fully integrated cities with dynamic communities.

With over 30 years of experience, Orascom Egypt Development has become an expert in creating world-class travel destinations and entirely new integrated communities.

Its integrated development strategy combines stunning residential properties, top-tier hotels, and exceptional commercial and recreational facilities, including golf courses, marinas, sports complexes, retail outlets, and dining establishments—delivering a truly comprehensive and elevated lifestyle experience.

Residents and guests are at the core of everything the company does, with a comprehensive range of essential infrastructure forming the foundation of its communities.

In key locations such as El Gouna, Makadi, O-West, Taba Heights, and Byoum, Orascom Development Egypt has acquired approximately 50 million square meters of land. Over 14 million square meters of this land have already been developed, featuring a variety of sophisticated and well-planned projects.

Vision, Mission, and Core Values

Vision

To be the preferred partner in transforming land into vibrant centers of life and to become a global leader in destination development.

With master-planned communities that empower, inspire, integrate, and respect, the company strives to elevate the standard of living. It aims to create meaningful connections — a mindset, a community, and a sense of belonging.

Mission

To build thriving communities and attractions that inspire people to live, work, and play.

Orascom Egypt believes that every location should have a unique personality, spirit, and character. Its master-planned developments offer comprehensive amenities and services designed to enhance quality of life and help individuals reach their full potential.

Although the company already enjoys a strong reputation, it continuously seeks to improve. The measure of its success lies in the elevated living standards its destinations provide and the lasting value they create.

Core Values

To fulfill its mission and vision, Orascom Development Egypt embraces these guiding principles throughout its operations:

• Customer Obsession: Placing customers and their communities at the heart of everything.
• Team Orientation: Emphasizing collaboration as one unified and strong team.
• Driven & Resourceful: Creating positive impact through determination and innovation.
• Commitment to High Integrity: Always striving to do what is right.

Facts & Figures

Orascom Development Egypt has an impressive portfolio spanning over 50 million square meters across well-known regions in Egypt. Its hallmark can be seen in major cities such as 6th of October City, Hurghada, and El Gouna.

The company’s land bank totals over 50.25 million square meters, including:

• 14.75 million sqm of completed developments
• 8.07 million sqm under construction
• 3.29 million sqm in planning and development stages

This demonstrates the company’s continuous expansion and dominance across Egypt.

Orascom Hotels Management (OHM)

Orascom Hotels Management (OHM) is a wholly owned subsidiary responsible for managing most of the company’s hotel portfolio.

In addition to OHM, Orascom Development Egypt owns and operates 24 hotels in Egypt alone, offering approximately 5,000 rooms. Its strategic franchise partners include globally recognized hotel brands such as Rotana, Steigenberger, Sheraton, Mövenpick, Radisson, and the ultra-luxury brand Chedi. Other hotels operate under their own brand names.

These upscale hotels have received numerous accolades for outstanding guest experiences from prestigious organizations such as Condé Nast Traveler, World Travel Awards, TripAdvisor, BBC Travel, and other leading names in the hospitality industry.

Top Projects

O West – 6th of October City

One of the best-known developments, O West covers 1,007 acres of land. This perfectly integrated gated community maximizes every inch of the estate to deliver a unique living experience. Alongside luxurious mansions, the compound offers countless cozy and upscale amenities. A wide array of premium services is also incorporated to ensure residents enjoy the most comfortable lifestyle possible.

Fanadir Bay – El Gouna

A luxurious residential resort open year-round, Fanadir Bay spans elevated land areas ranging from 1,400 to 2,200 square meters. Situated in a highly sought-after neighborhood, Fanadir Seafront expertly blends comfort, style, and breathtaking ocean views. The master plan thoughtfully brings all residents’ needs into one cohesive and elegant community.

Makadi Heights – Hurghada

An exceptional integrated resort located in Makadi Bay, Hurghada, Makadi Heights covers a vast 1,000 acres, with only 12% allocated for buildings and the remaining 88% dedicated to lush landscapes and water features like expansive lagoons, lakes, pools, and waterways. With a total land bank of 3.7 million sqm and over 1 million sqm dedicated to built-up areas, Makadi Heights sits 70 meters above sea level, offering spectacular views over the Red Sea.

Other Projects

• Town Walk, Hurghada
• Cyan, El Gouna
• Kamaran, El Gouna
• Fairways, El Gouna
• The Nines, El Gouna
• North Bay, El Gouna
• DUA, Hurghada
• Aden, Hurghada
• Tuban, El Gouna
• Downtown El Gouna
• El Gouna South Marina