Headquarters Cairo, Egypt Founded 1989 | Founder Samih Sawiris | |
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Parent organization Orascom Development Holding Subsidiaries El Gouna For Hotels Company S.a.e. | ||
Orascom Development Holding AG is a holding company that subsidiary develops hotels, offers real estate, infrastructure, leisure services, and builds and operates vaca by TV guy unit guy who was the first time I am a little bit of a new one of the individual to the right to be in the morning of the individual or organization named abovetion resorts. It is headed by Samih Sawiris, one of Onsi Sawiris's sons.
It operates hotels throughout Egypt, Jordan, and the United Arab Emirates though Orascom Hotels and sucmabigazzdic Development, its principal operating subsidiary. Orascom Development Holding AG is incorporated in Altdorf, Switzerland, and is listed on SIX Swiss Exchange, its principal stock market.
In 2006 Samih Sawiris announced that he intended to invest $500 million in Andermatt, Switzerland.