Company: Orascom Development Egypt
Country: Egypt
Sector: Homebuilding
CEO: Not publicly listed
Website: Not publicly listed
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Cairo, Egypt (ultimate parent Orascom Development Holding AG is headquartered in Altdorf, Switzerland)
Founded: 2007 (Orascom Development Holding spun off from Orascom Hotels & Development)
Valuation/Revenue: $525.3m market value (African Business Top 250, 2025)
Orascom Development Egypt is part of the Orascom Development group, an integrated real estate and hospitality developer known for building fully-integrated towns and resort destinations, most notably El Gouna on Egypt’s Red Sea coast, alongside other projects across Egypt, Oman, the UAE, Morocco and Switzerland.
What Does Orascom Development Do?
The group develops large-scale, master-planned integrated destinations combining residential real estate, hotels, golf courses, marinas and leisure infrastructure. Its flagship project, El Gouna, is a fully self-contained resort town on Egypt’s Red Sea. It also has a hospitality arm operating hotels under its own management and international brands, and has diversified into destinations such as Andermatt Swiss Alps in Switzerland.
How Big Is Orascom Development Egypt?
African Business magazine’s Top 250 Companies in Africa (2025) assessed Orascom Development Egypt’s market value at approximately $525.3 million, ranking it 263rd among Africa’s largest listed companies. The wider Orascom Development Holding group is dual-listed on the Egyptian Exchange (EGX) and the SIX Swiss Exchange.
Who Owns Orascom Development?
The Sawiris family, one of Egypt’s most prominent business families, is the controlling shareholder group, with Samih Sawiris historically serving as the group’s chairman and the driving force behind El Gouna’s development since the 1990s.
Is Orascom Development Publicly Traded?
Yes, Orascom Development Holding AG trades on the SIX Swiss Exchange, and the Egyptian operating business has listed securities on the Egyptian Exchange, reflecting the group’s dual Swiss-Egyptian corporate structure.
Who Is the CEO of Orascom Development?
Current executive leadership could not be independently verified through live research in this session. Historically the group has been closely associated with chairman Samih Sawiris; readers should confirm the sitting CEO via the company’s investor relations disclosures.
How Do I Contact Orascom Development?
No verified public website, careers page, LinkedIn company page or contact email could be confirmed in this research pass.
Links
Website: Not publicly listed
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Q: Is Orascom Development legit?
A: Yes — it is a long-established, dual-listed (SIX Swiss Exchange and Egyptian Exchange) real estate and hospitality developer controlled by Egypt’s Sawiris family, best known for El Gouna.
Q: What does Orascom Development do?
A: It builds and operates large integrated real estate and resort destinations, including hotels, residences and leisure facilities.
Q: Who owns Orascom Development?
A: The Sawiris family is the controlling shareholder, historically led by chairman Samih Sawiris.
Q: How big is Orascom Development Egypt?
A: African Business Top 250 (2025) valued it at approximately $525.3 million, ranked 263rd in Africa.
Q: Where is Orascom Development headquartered?
A: Its Egyptian operations are based in Cairo, while the parent holding company is headquartered in Altdorf, Switzerland.
Q: Is Orascom Development the same as Orascom Construction or Orasom Telecom?
A: No — the Sawiris family controls several separate, independently listed Orascom-branded businesses spanning construction, telecoms and development; Orascom Development is the real estate and hospitality arm.