ODE, the largest subsidiary of Orascom Development Holding, has a land bank of more than 50.25 million square meters with nearly 28% developed or under development. It also has 24 hotels with over 4,934 rooms in Egypt. ODE’s flagship project is El Gouna in Egypt, and it has integrated towns in Egypt including O West in Cairo, Makadi Heights near the Red Sea, Taba Heights on the Sinai Peninsula, and Byoum in Fayoum. In Q1 2024, new real estate sales increased by 218.3% to $183.5 million with El Gouna accounting for 47% of the new sales, followed by O West at 39% and Makadi Heights at 14%.