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About Us Orascom Developments
Overview of Orascom
Orascom is one of the largest investment groups in Egypt and the Middle East, founded by Onsi Sawiris. The company's activities span multiple key sectors, including construction, real estate development, tourism, renewable energy, and technology. With a long history and major projects that have shaped regional infrastructure and economies, Orascom has established itself as a market leader.
Company History
Foundation and Growth
- Orascom was founded in the mid-20th century as a small construction company.
- Over time, it grew into a multinational conglomerate with local, regional, and global projects.
Global Expansion
- The company expanded internationally through strategic partnerships and large-scale projects outside Egypt, particularly in Africa and the Middle East.
Core Business Activities
1. Orascom Construction
- Specializes in mega infrastructure and energy projects.
- Notable projects include:
- The New Administrative Capital in Egypt.
- Power generation plants.
- Railway and bridge construction.
2. Orascom Development Holding
- Focuses on integrated city and community development.
- Key projects:
- El Gouna: A luxury coastal city on the Red Sea.
- Byoum, Fayoum: A high-end resort surrounded by nature.
- Other developments in the North Coast.
3. Orascom Hotels & Development
- Owns and operates resorts and hotels in premium touristic destinations.
- Aims to enhance Egypt’s tourism industry by offering luxury hospitality services.
4. Orascom Telecom & Technology
- Operates in telecommunications, data management, and solar energy.
- Investments include renewable energy solutions and digital infrastructure.
5. Orascom Construction & Industry
- Engaged in fertilizer and chemical manufacturing.
- Supports major agricultural and industrial projects.
Major Achievements
New Administrative Capital
- Participated in constructing skyscrapers and core infrastructure.
Power Generation Projects
- Built high-capacity power stations, such as the Beni Suef power plant.
Touristic Cities
- Developed El Gouna, one of Egypt’s top luxury destinations.
International Projects
- Delivered major infrastructure projects across the Gulf region and Africa.
Company Vision
- Regional & Global Expansion: Strengthening its international presence through strategic partnerships.
- Sustainability Focus: Investing in eco-friendly and renewable energy projects.
Challenges
- Market Volatility: The company has been affected by global economic fluctuations.
- Long-Term Investments: Many of Orascom’s projects require years to yield returns.
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