Orascom Development Holding AG, together with its subsidiaries, develops integrated towns in Egypt, Oman, the United Arab Emirates, the United Kingdom, Montenegro, Switzerland, Morocco, and internationally. The company operates through four segments: Hotels, Real Estate and Construction, Land Sales, and Destination Management. The Hotels segment provides hospitality services in two- to five-star hotels. The Real Estate and Construction segment acquires land in undeveloped areas, as well as builds residential real estate and other facilities in stages. The Land Sales segment sells land and land rights to third parties. The Destination Management segment provides facility and infrastructure services at operational resorts and towns. It also rents investment properties; and offers mortgage, sports, hospital, educational, marina, limousine rental, laundry, and other services. The company was formerly known as Orascom Hotels & Development AG and changed its name to Orascom Development Holding AG in February 2008. The company was founded in 1989 and is based in Altdorf, Switzerland. Orascom Development Holding AG operates as a subsidiary of LPSO Foundation Company.
Swiss Market Performance
7D7 Days: -1.0%
3M3 Months: -0.9%
1Y1 Year: 3.5%
YTDYear to Date: 2.2%
Over the last 7 days, the market has dropped 1.1%, driven by a pullback of 1.4% in the Healthcare sector. In contrast to the last week, the market is actually up 3.1% over the past year. Looking forward, earnings are forecast to grow by 11% annually. Market details ›
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