ODE demonstrated robust business execution across all segments despite being impacted by FX losses due to the devaluation of the Egyptian Pound (EGP)
Orascom Development Egypt (ODE) is pleased to announce its preliminary real estate and hotel KPIs for FY 2023.
During 1H 2023 ODE recorded a total revenue of EGP 6.2 billion, up 62.2% y-o-y
ODE demonstrated robust business execution across all segments despite being impacted by FX losses due to the devaluation of Egyptian Pound (EGP) currency
ODE demonstrated robust business execution across all segments
ODE achieved real estate sales of EGP 4.7 billion in 1H 2022, a 16.9% growth last year and total revenue increased by 27.6% to EGP 3.8 billion
Orascom Development Egypt ODE announced that its subsidiary Makadi Heights for Tourism Development Company Mak
ODE reports solid Q1 2022 results recording revenues of EGP 1.9 billion and a net profit of EGP 463.7 million
ODE maintains its growth momentum recording a revenue growth of 50.1% y-o-y to EGP 4.9 billion for the 9Ms 2021, and net profits soaring by 239.5% to EGP 1.2 billion
The increase was driven by the accelerated construction pace across all destinations
New City is one of the companies specialized in creating integrated and sustainable cities
ODE announced today the appointment ofOmar El Hamamsy as Chief Executive Officer CEO