Founded in 1989 with a simple vision to create a year-round coastal town on Egypt’s Red Sea, Orascom Development Holding has grown into one of the world’s leading developers of fully integrated, vibrant communities across Europe, the Middle East, and North Africa.
For over 35 years, Orascom Development has been a pioneer in creating destinations where people can truly live, work, and play with passion and purpose. The company specializes in master-planned communities that combine residential areas, villas, hotels, and world-class leisure and commercial facilities, including golf courses, marinas, sports complexes, retail outlets, and dining experiences.
From the iconic coastal town of El Gouna in Egypt to the breathtaking mountain destination of Andermatt Swiss Alps in Switzerland, each development reflects Orascom’s commitment to place-making at the highest standard—creating destinations with a distinct identity, lifestyle, and sense of belonging.
Global Presence
Orascom Development manages a land bank of over 100 million square meters, with more than 20% already developed into thriving communities across:
Egypt: El Gouna, Makadi Heights, O West, Taba Heights, Byoum
Oman: Jebel Sifah, Hawana Salalah
Europe: Andermatt Swiss Alps (Switzerland), Luštica Bay (Montenegro), West Carclaze Village (UK)
The company also operates a strong hospitality portfolio of 34 premium and luxury hotels with over 7,200 rooms across its destinations, in partnership with leading international hotel brands.
Vision
To be a global leader in destination development and the partner of choice for transforming land into thriving centers of life.
Mission
To create integrated destinations and vibrant communities where people are inspired to live, work, and play with passion and purpose. We design places with unique character and identity, delivering improved quality of life and unlocking human potential.
Core Values
Customer Oriented: Placing communities at the heart of everything we do
Team Oriented: Achieving success through collaboration
Driven & Resourceful: Creating impact through determination and innovation
Integrity Driven: Always doing what is right
Global Portfolio
Orascom Development’s international footprint spans more than 100 million sqm of land across some of the world’s most desirable destinations, integrating real estate, hospitality, and town management into one unified ecosystem.
Hospitality Excellence
The company operates and owns 34 hotels in five countries, working with globally renowned brands such as Rotana, Steigenberger, Sheraton, Mövenpick, Radisson, and The Chedi luxury brand.
Its hotels have received multiple international awards from Condé Nast Traveller, World Travel Awards, TripAdvisor, and other prestigious institutions.
Creating Destinations for Life
Orascom Development does not simply build properties—it creates fully integrated destinations that redefine modern living, combining lifestyle, community, and long-term value into every development.