{"id":595179,"date":"2019-09-18T03:50:50","date_gmt":"2019-09-18T03:50:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/"},"modified":"2019-09-18T03:50:50","modified_gmt":"2019-09-18T03:50:50","slug":"odh-aims-for-south-sinai-project-to-turn-in-profit-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/","title":{"rendered":"ODH aims for south Sinai project to turn in profit next year"},"content":{"rendered":"

Could the return of German direct flights to Taba see ODH turn a profit from Taba Heights? <\/b>Orascom Development Holding (ODH) aims for its Taba Heights project in south Sinai to turn in a profit in the coming year, during which it plans to launch four new hotels in four different countries, CEO Khalid Bishara told Reuters<\/a>. The company hopes that within 3-4 years Taba Heights would be making 2010-level profits, which had reached USD 20 mn. Earlier this year<\/a>, Germany removed flight restrictions to Taba, allowing direct flights to the Sinai city. Taba Heights is ODH\u2019s second largest hotel and largest tourist destination in south Sinai. ODH will also launch<\/a> the third phase of its O West project west of Cairo in September. Bishara said the company is not considering projects in the new capital at the moment, but that it aims for its planned projects in the North Coast to be livable all year, not only for a couple of months per year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Could the return of German direct flights to Taba see ODH turn a profit from Taba Heights? Orascom Development Holding (ODH) aims for its Taba Heights project in south Sinai to turn in a profit in the coming year, during which it plans to launch four new hotels in four different countries, CEO Khalid Bishara […]<\/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":[8572],"tags":[7097,72,7111,256,2380,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595179","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-development","tag-enterpriseam","tag-infrastructure","tag-orascom-development-egypt","tag-speed-round","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"549010aa-5806-4a9c-9413-fecea4c9b305","is_powered_by":true,"section_story_id":"8da08b7e-3bed-4f1b-8913-14d5996a8f49","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595168],"teaser":"","voice_url":""},"yoast_head":"\nODH aims for south Sinai project to turn in profit next year - 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\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ODH aims for south Sinai project to turn in profit next year\" \/>\n<meta property=\"og:description\" content=\"Could the return of German direct flights to Taba see ODH turn a profit from Taba Heights? Orascom Development Holding (ODH) aims for its Taba Heights project in south Sinai to turn in a profit in the coming year, during which it plans to launch four new hotels in four different countries, CEO Khalid Bishara […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-18T03:50:50+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ODH aims for south Sinai project to turn in profit next year\",\"datePublished\":\"2019-09-18T03:50:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/\"},\"wordCount\":177,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"EnterpriseAM\",\"infrastructure\",\"Orascom Development Egypt\",\"SPEED ROUND\",\"tourism\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/odh-aims-for-south-sinai-project-to-turn-in-profit-next-year\/\",\"name\":\"ODH aims for south Sinai project to turn in profit next year - 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