ABOUT THE DEVELOPER

Orascom Development Holding (ODH), the Group holding company headquartered in Switzerland, is a leading developer of fully integrated destinations; featuring hotels, private villas and apartment compounds, leisure facilities, outdoor offerings; such as golf courses and marinas and all necessary infrastructures.

ODH has developed many global destinations. Orascom Development's diversified portfolio of destinations is spread over seven jurisdictions (Egypt, UAE, Oman, Switzerland, Morocco, Montenegro and United Kingdom), with primary focus on touristic destinations. The Group currently operates ten destinations; five in Egypt (El Gouna, Taba Heights, Byoum, Makadi and Harram City), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro and Andermatt in Switzerland.

Orascom Development holding currently owns 34 hotels, totaling 8,008 rooms. Properties are run by Orascom or third-party hotel management companies. Overall, the company controls a land bank of approximately 100.3 million meters square. Orascom Hotels and Development (OHD) a subsidiary of ODH is an integrated developer of resort towns in Egypt. OHD currently owns a land bank of 45.7 million sqm distributed over four Destinations; El Gouna on the Red Sea Coast, Taba Heights in the Sinai Peninsula, Makadi in the Red Sea district, and Byoum in Al Fayoum.

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