Orascom Development Egypt (ODE) is planning to launch three projects in El Gouna in 2020, including a hotel and two other real estate projects, CEO Khaled Bichara said, according to Al Mal. The details and budget of the projects have not been provided but Bichara said that there are more details to follow in 1Q2020. The company is also currently working on its 1000 acre O West project in the west of Cairo that it had signed last December with the New Urban Communities Authority, according to the newspaper.

Tags: