Orascom Development Egypt S.A.E. engages in developing buildings and integrated communities in Egypt. The company operates through Hotels, Real Estate, Land Sales, Town Management, and Other Activities segments. It develops residences, hotels, and commercial and leisure amenities, such as golf courses, sports facilities, retail and restaurants, and marinas; provides hospitality services; sells land and land rights; and offers facilities and infrastructure services at resorts and towns. The company also offers real estate rental, mortgages, sports, hospital services, educational services, marina rentals, limousine rentals, and other services. The company was founded in 1995 and is headquartered in Giza, Egypt. Orascom Development Egypt S.A.E. is a subsidiary of Orascom Development Holding AG.
Egyptian Market Performance
7D7 Days: -0.3%
3M3 Months: 3.0%
1Y1 Year: 18.3%
YTDYear to Date: 9.2%
Over the last 7 days, the market has remained flat, although notably the Communication Services sector gained 4.7% in that time. As for the longer term, the market has risen 18% in the past 12 months. Earnings are forecast to grow by 15% annually. Market details ›
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