Orascom Development Holding AG (0QOY.L) LSE

5.58

+0.02279(+0.41%)

Updated at February 17 05:01PM

Currency In CHF

Orascom Development Holding AG

Address

Gotthardstrasse 12

Altdorf, 6460

Switzerland

Phone

41 41 874 17 17

Sector

Real Estate

Industry

Real Estate - Diversified

Employees

10

First IPO Date

September 05, 2017

Key Executives

NameTitlePayYear Born
Mr. Omar El HamamsyGroup Chief Executive Officer & Member of the Executive Management2.58MN/A
Mr. Raphael KruckerChief Executive Officer of Andermatt Swiss Alps AG01979
Mr. Tarek KamelMember of the Executive Management & Chief Executive Officer of O West0N/A
Engineer Ashraf NessimGroup Chief Financial Officer & Member of the Executive Management01965
Mr. Amr SamraGroup Chief Technical Officer0N/A
Dr. Ahmed ShabanaGroup Chief Digital Officer0N/A
Mr. Ahmed DessoukyGroup Chief Investment & Business Development Officer0N/A
Ms. Sara El-GawahergyHead of Investor Relations & Strategic Project Management0N/A
Mr. Hani S. AyadHead of Design & Destinations Planning01954
Mr. Tarek GadallahGroup General Legal Counsel & Member of the Executive Management01980

Description

Orascom Development Holding AG, together with its subsidiaries, develops integrated towns in Egypt, the United Arab Emirates, Oman, Switzerland, Morocco, Montenegro, and the United Kingdom. It 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, golf, 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. Orascom Development Holding AG was founded in 1989 and is based in Altdorf, Switzerland.