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Muriya sells out 70pc units at Oman residential communityMuriya, a joint venture between Orascom Development Holdings, a leading developer of integrated destinations and Omran, the tourism development arm of the Omani Government, said there has been an overwhelming response for its Jebel Sifah Heights More… |
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Orascom resort to launch 'green' transportOrascom Development has joined hands with Ezz Elarab Automotive Group, the sole agent for Budget Rent a Car in Egypt, to introduce its eco-friendly transport solutions at its flagship resort, El Gouna in Cairo. This is the first t More… |
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Orascom hotel unit posts $76.8m net lossSwiss-listed Egyptian property and hotels group Orascom Development has reported a full-year net loss of 69.7 million Swiss francs ($76.82 million), due to the political turmoil in Egypt and elsewhere in the Arab world last year. The firm, More… |
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Orascom opens first hotel in OmanReal estate and hotels firm Orascom Development opened its first hotel in Oman last weekend, the Swiss-listed firm said on Monday. Orascom , which has its main presence in Egypt, has projects in the Middle East and Europe and has been exp More… |
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Orascom Development posts loss amid unrestEgyptian group Orascom Development slumped to a first-half loss, hit by economic disruption caused by the country's popular uprising and the strengthening of its reporting currency, the Swiss franc. Swiss-listed Orascom, known mostly More… |
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Orascom plans $245m hotel projectsEgypt's Orascom Development will build two Four Seasons-branded hotels, one in an Egyptian resort and the other in Oman, by second-half 2011 for a total investment of $245 million, a newspaper said on Wednesday. One hotel will be in th More… |
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Orascom eyes Romania housing projectOrascom Development has earmarked 2.5 million sq m of land for an affordable housing project in Romania, its first such project outside Egypt, it said on Friday. The project, in which Orascom holds a 70 per cent stake, is expected to offer More… |
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Orascom breaks ground on Swiss resortOrascom Development, a leading developer of integrated towns with a strong foothold in Egypt and Middle East, on Wednesday held a ground-breaking ceremony to mark the construction of its first integrated holiday resort in Swiss alps. More… |
