Top 50 Listed Companies
In Egypt 2022

24. Orascom Development Egypt (ODE)

Sector: Real Estate & Construction

CEO : Omar El Hamamsy

Market value: $251 million

Sales: $379 million

Profits: $71 million

Assets: $1.2 billion

ODE develops fully-integrated destinations, including hotels, residential units, and leisure facilities. Its flagship project is Al Gouna City, which covers 10 kilometers of shoreline along the Red Sea coast with a total land area of 36.9 million sqms, of which 15 million sqms have so far been developed. ODE owns a land bank of 50.25 million sqms and 24 hotels. ODE is the largest subsidiary of Orascom Development Holding (ODH).