Orascom Development

About Orascom Development

It all began in 1989 with a bold and visionary idea: to develop a year-round coastal town along Egypt’s stunning Red Sea. What started as a single ambitious project has since evolved into Orascom Development Holding, one of the leading global developers renowned for its expertise in creating vibrant, fully integrated communities. With a diverse portfolio spanning residential, commercial, and tourism projects, Orascom Development specializes in transforming locations into thriving destinations. The company’s reach extends across Europe, the Middle East, and North Africa, where it continues to set new standards in the real estate industry. Over the years, Orascom has earned a reputation for excellence, blending innovative design with sustainability, and creating spaces that enhance quality of life for residents and visitors alike. Today, Orascom Development stands at the forefront of the industry, dedicated to building world-class, sustainable communities that meet the needs of modern living.

For over 35 years, Orascom Development has been at the forefront of crafting destinations where people are inspired to live, work, and enjoy life with passion and purpose.

From El Gouna’s picturesque coastal haven on the Red Sea to the awe-inspiring Andermatt Swiss Alps, a year-round mountain retreat, every master-planned community reflects Orascom Development’s dedication to excellence in place-making. These integrated towns seamlessly blend residential spaces, including private villas and apartments, with premium hotels and award-winning amenities such as golf courses, marinas, sports facilities, retail outlets, and dining establishments.

Orascom Development holds a land bank exceeding 100 million square meters, with around 20% transformed into thriving communities in Egypt (El Gouna, Makadi Heights, O West, Taba Heights, and Byoum), Oman (Jebel Sifah and Hawana Salalah), and Europe (Andermatt Swiss Alps in Switzerland, Luštica Bay in Montenegro, and West Carclaze Garden Village in the UK). The company’s hospitality portfolio boasts 34 luxury and premium hotels, offering over 7,200 rooms across Europe, the Middle East, and North Africa. Orascom Development Holding is publicly traded on the SIX Swiss Exchange.

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