22. Orascom Development Egypt (ODE)
Sector: Real Estate & Construction
Group CEO: Omar El Hamamsy
Market Value: $344 million
Sales: $332 million
Profits: $62 million
Assets: $914 million
ODE is the largest subsidiary of Orascom Development Holding. It develops fully-integrated destinations, including hotels, residential units, leisure facilities and supporting infrastructure. ODE owns a land bank of 50.25 million square meters and 24 hotels with a total of 4,932 rooms across four destinations: El Gouna, Taba Heights, Makadi Heights, and Byoum. It has also launched O West. Early in 2023, ODE signed a master agreement with Egyptian authorities for the remaining 17.4 million square meter land bank in El Gouna for $112 million.