Orascom Development

Orascom Development develops integrated towns in Egypt, Oman, the United Arab Emirates, Jordan, Switzerland, the United Kingdom, Montenegro, and Morocco. The Company develops hotels, private villas and apartments, and leisure facilities, such as golf courses, marinas, and supporting infrastructure. It operates through four segments. The Hotels segment provides hospitality services. The Real Estate and Construction segment acquires land in undeveloped areas, as well as builds residential real estate and other facilities in stages. The Land Sales segment sells land and land rights to third parties. The Destination Management segment provides facility and infrastructure services at operational resorts and towns.