• Orascom Hotels and Development ("OHD" or 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 currently owns a land bank of 45.9 mn sqm and 24 hotels with a total of 6,039 rooms located on the Egyptian Red Sea coast in Hurghada, El Gouna, and Taba.
  • OHD also holds a 87% stake in Tamweel, a financial services company providing mortgage, leasing, and insurance, among other services.