News
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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 -
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PRESS RELEASE
Orascom Development Holding AG: Sale of land plot in El Gouna for CHF 28.8 million, corresponding to 15.7 times its current book value
Orascom Development Holding AG announces sale of land plot in El Gouna for CHF 28.8 million, 15.7 times its book value, impacting Q2 2024 financials positively