Orascom Development Holding (ODH), the Group holding company headquartered in Switzerland, is a leading developer of fully integrated destinations; featuring hotels, private villas and apartment compounds, leisure facilities, outdoor offerings; such as golf courses and marinas and all necessary infrastructures.
Over several decades ODH has developed many global destinations. Orascom Development's diversified portfolio of destinations is spread over seven jurisdictions (Egypt, UAE, Oman, Switzerland, Morocco, Montenegro and United Kingdom), with a primary focus on touristic destinations. The Group currently operates ten destinations; five in Egypt (El Gouna, Taba Heights, Byoum, Makadi and Harram City), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro and Andermatt in Switzerland.
ODH currently owns 34 hotels, totaling 8,008 rooms. Properties are run by Orascom or third-party hotel management companies. Overall, the company controls a land bank of approximately 100.3 million meters square.
Orascom Development Egypt (ODE) a subsidiary of Orascom Development Holding (ODH) is an integrated developer of resort towns in Egypt. ODE currently owns a land bank of 49.1 million sqm distributed over four Destinations; ElGouna on the Red Sea Coast, Taba Heights in the Sinai Peninsula and Makadi Heights in the Red Sea district, and Byoum in Al Fayoum.