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Orascom Development Egypt SAE
Nile City Towers
South Tower, 9th Floor
Phone: +20 224618999p:+20 224618999 CAIRO, 11221  Egypt Ticker: ORHDORHD
Business Summary
Orascom Development Egypt SAE, formerly Orascom Hotels and Development SAE, is an Egypt-based company engaged in the real estate sector. The Company is an integrated developer of resort towns in Egypt, with a vertically-integrated business model involving the development of residential units, hotels, and recreational facilities, such as golf courses, town centers, and marinas, in addition to supporting infrastructure, such as hospitals, schools, and utilities. The Company owns a land bank of approximately 50 million square meters across the following destinations: El Gouna, Taba Heights, Makadi Heights, Fayoum and O West, as well as more than 20 hotels with a total of approximately 5,000 rooms. The Company is a subsidiary of Orascom Development Holding (ODH).

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
7011 Hotels and motels
6513 Operators of apartment buildings
6552 Land subdividers and developers, except cemeteries
8062 General medical and surgical hospitals
7514 Passenger car rental
6162 Mortgage bankers and loan correspondents
8211 Elementary and secondary schools
7993 Coin-operated amusement devices

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the board, Non-Executive Director Manal H.Abdelrazek 1/1/2018 10/1/2014
Interim Co-Chief Executive Officer, Chief Financial Officer, Executive Board Member AshrafNessim 54 2/4/2020 1/1/2018
Interim Chief Executive Officer, Board Member Abdelhamid M.Abouyoussef 45 2/4/2020 2/4/2020
7 additional Officers and Directors records available in full report.

Business Names
Business Name
Orascom Hotels & Development
ORHD

General Information
Number of Employees: 3,000 (As of 12/31/2003)
Outstanding Shares: 1,130,473,523 (As of 12/31/2023)
Stock Exchange: CAI
Fax Number: +20 224619270


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Saturday, April 27, 2024