News
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PRESS RELEASE
Orascom Development Holding AG: announces the sale of a land plot in its flagship destination, El Gouna, for CHF 33 million.
Orascom Development Holding AG announces the sale of a land plot in El Gouna for CHF 33 million, strengthening financial statements. Subsidiary ODE sells 110,000 sqm to Hassan Allam Properties -
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PRESS RELEASE
Orascom Development Holding AG: Orascom Development Egypt signed a USD 155 million loan facility with the International Finance Corporation
Orascom Development Egypt, a subsidiary of Orascom Development Holding AG, secures a USD 155 million loan facility with the International Finance Corporation for debt refinance and hotel business growth in El Gouna