Top 50 Listed Companies
In Egypt 2022
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2022/06/01064656/24-egypt-Omar-El-Hamamsy-CEO-5.jpg)
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).