Orascom Development Egypt (ODE) is a leading developer of fully integrated destinations, including hotels, residential units, leisure facilities such as golf courses, marinas and other supporting infrastructure. ODE currently owns a land bank of 50.25 million square meters and 24 hotels with a total of 4,945 rooms, the whole being allocated among four operating destinations: El Gouna and Makadi Heights on the Red Sea near Hurghada; Taba Heights on the Sinai Peninsula; Byoum in Fayoum; and, soon, O West, the last addition to our portfolio in the 6th of October district of Cairo.
ODE is the largest subsidiary of Orascom Development Holding (ODH). ODH is a leading developer of fully integrated destinations with a diverse portfolio of worldwide destinations covering Egypt, the United Arab Emirates (UAE), Oman, Morocco, Montenegro, Switzerland and the United Kingdom (UK). The group operates a total of 33 hotels with 7,198 rooms and controls 101.4 million square meters of land.