Mohamed Amer, the CEO of El Gouna, one of the cities developed by Orascom Development, announced the city’s plan to deliver 860 new units in 2024. These units include those developed by Orascom Development as well as private developers. Amer said that the company is currently working on completing the construction of 836 units, of which 260 units have been delivered to customers in the third quarter of 2023. He also said that real estate sales in El Gouna increased
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Sanjay Sharma, who held the position of Chief Technology Officer at Jumeirah Group, a global hotel chain, will assume the CTO position at Orascom Hotels Management in January 2024. With more than 8,000 guest rooms spread across Egypt, Oman, and the United Arab Emirates, in addition to additional properties in Montenegro and Switzerland, the hotel management business of Orascom Development is among the major hotel owners and operators in the MENA area. With 27 years of experience in a variety of leadership roles in technology and business transformation, Sanjay has a wealth of industry knowledge.
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