In 1989, Egyptian entrepreneur Samih Sawiris founded the company that would become Orascom Development. After 2 decades, the Group now stands as the leading integrated town developer in the Middle East, boasting an impressive track record of experience in sustainable development. Orascom Development has expanded its operations outside the Middle East to Central Europe. New foundations have also been laid for projects in Eco-Bos Cornwall UK, and Luštica Montenegro. To support international expansion and create an attractive basis for further growth, the Group’s headquarters were moved to Switzerland in March 2008.
Group expansion since inception (click to enlarge)