Orascom Development Egypt (ODE) will launch a new real estate project in El Gouna to coincide with the El Gouna Film Festival in September, Investor Relations Manager Sarah El Gawahergy told Al Mal. The company aims to invest USD 2 mn on development projects in the resort town, including renovating hotels and building conference halls, she added.

Correction: 27/07/2019.

A previous version of this article incorrectly spelled Sara El Gawahergy’s name

Tags: