{"id":592034,"date":"2019-12-24T04:25:01","date_gmt":"2019-12-24T04:25:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/orascom-development-egypt-to-launch-three-projects-in-el-gouna-in-2020\/"},"modified":"2019-12-24T04:25:01","modified_gmt":"2019-12-24T04:25:01","slug":"orascom-development-egypt-to-launch-three-projects-in-el-gouna-in-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/orascom-development-egypt-to-launch-three-projects-in-el-gouna-in-2020\/","title":{"rendered":"Orascom Development Egypt to launch three projects in El Gouna in 2020"},"content":{"rendered":"<p>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, <a href=\"http:\/\/bit.ly\/2Sk8kxn\">according to Al Mal<\/a>. 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[257,72,955,1838,256,83,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592034","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-el-gouna","tag-enterpriseam","tag-hospitality","tag-o-west","tag-orascom-development-egypt","tag-real-estate","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"e2e95a00-d67c-49bf-94c7-0cb89eb7a8c1","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592004],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orascom Development Egypt to launch three projects in El Gouna in 2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/orascom-development-egypt-to-launch-three-projects-in-el-gouna-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Development Egypt to launch three projects in El Gouna in 2020\" \/>\n<meta property=\"og:description\" content=\"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. 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Mangroovy will use the plot to provide \u201cdifferent types of services\u201d for people living at its Mangroovy Residence project.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573021,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/el-gouna-property-sales-up-almost-25-in-2q2020\/","url_meta":{"origin":592034,"position":2},"title":"El Gouna property sales up almost 25% in 2Q2020","author":"enterpriseam admin","date":"16 July 2020","format":false,"excerpt":"Property sales in El Gouna have increased by 22% y-o-y to hit EGP 891.5 mn in the second quarter of 2020, Orascom Development Egypt (ODE) said in a press release (pdf). 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The stake is valued at EGP 128.6 mn, the company said without disclosing the name of\u2026","rel":"","context":"In &quot;EQUITIES&quot;","block_context":{"text":"EQUITIES","link":"https:\/\/enterpriseam.com\/egypt\/category\/equities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596220,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/earnings-watch-orascom-development-egypt-arabian-cement\/","url_meta":{"origin":592034,"position":4},"title":"Earnings watch: Orascom Development Egypt, Arabian cement","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"EARNINGS WATCH- ODE doubles y-o-y profit to EGP 205 mn in 2Q2019: Orascom Development Egypt (ODE) doubled its net profits in 2Q2019 to EGP 205.2 mn, up from EGP 101.5 mn in the same period last year, according to an EGX earnings statement (pdf). 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