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Orascom Development Egypt (ODE) Sells USD 37.4 Million El Gouna Land Plot to Hassan Allam Properties

Source: Orascom Development Press Release


November 12, 2024: Orascom Development Egypt (ODE) has announced the sale of a 110,000-square-meter land plot in El Gouna to Hassan Allam Properties for USD 37.4 million, marking a strategic step in its commitment to developing El Gouna through partnerships with leading developers. This collaboration is expected to drive investments in El Gouna's infrastructure, amenities, and facilities, reinforcing its position as a premier destination for living, leisure, and business.


Orascom Development Egypt Press Release Attached Below




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