{"id":648036,"date":"2017-05-25T04:13:47","date_gmt":"2017-05-25T04:13:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/"},"modified":"2017-05-25T04:13:47","modified_gmt":"2017-05-25T04:13:47","slug":"orascom-development-to-start-building-residential-project-in-gouna-in-2h2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/","title":{"rendered":"Orascom Development to start building residential project in Gouna in 2H2017"},"content":{"rendered":"

Orascom Development Holding (ODH) will break ground on a residential project in Gouna in 2H2017, set to be completed by year-end, investor relations director Sara El Gawahergy tells Al Mal<\/a>. The company is targeting USD 25 mn in sales from the project. Also in the pipeline is an EGP 60.5 mn real estate project in Fayoum that the company will invest in in 2Q2017. ODH will also complete the second phase of workspace facility G Space<\/a> in Gouna by the end of the year, she added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Development Holding (ODH) will break ground on a residential project in Gouna in 2H2017, set to be completed by year-end, investor relations director Sara El Gawahergy tells Al Mal. The company is targeting USD 25 mn in sales from the project. Also in the pipeline is an EGP 60.5 mn real estate project in […]<\/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":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648036","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"d18670a8-535f-40ba-b813-727dc0aeecd1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648002],"teaser":"","voice_url":""},"yoast_head":"\nOrascom Development to start building residential project in Gouna in 2H2017 - 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\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Development to start building residential project in Gouna in 2H2017\" \/>\n<meta property=\"og:description\" content=\"Orascom Development Holding (ODH) will break ground on a residential project in Gouna in 2H2017, set to be completed by year-end, investor relations director Sara El Gawahergy tells Al Mal. The company is targeting USD 25 mn in sales from the project. Also in the pipeline is an EGP 60.5 mn real estate project in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-25T04:13:47+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom Development to start building residential project in Gouna in 2H2017\",\"datePublished\":\"2017-05-25T04:13:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/\",\"name\":\"Orascom Development to start building residential project in Gouna in 2H2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-25T04:13:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orascom Development to start building residential project in Gouna in 2H2017\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Orascom Development to start building residential project in Gouna in 2H2017 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/","og_locale":"en_US","og_type":"article","og_title":"Orascom Development to start building residential project in Gouna in 2H2017","og_description":"Orascom Development Holding (ODH) will break ground on a residential project in Gouna in 2H2017, set to be completed by year-end, investor relations director Sara El Gawahergy tells Al Mal. The company is targeting USD 25 mn in sales from the project. Also in the pipeline is an EGP 60.5 mn real estate project in […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-05-25T04:13:47+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Orascom Development to start building residential project in Gouna in 2H2017","datePublished":"2017-05-25T04:13:47+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/"},"wordCount":95,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Real Estate + Housing"],"articleSection":["Real Estate + Housing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/","name":"Orascom Development to start building residential project in Gouna in 2H2017 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-05-25T04:13:47+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/orascom-development-to-start-building-residential-project-in-gouna-in-2h2017\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Orascom Development to start building residential project in Gouna in 2H2017"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":568018,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/15\/odh-offloading-affordable-housing-arm\/","url_meta":{"origin":648036,"position":0},"title":"ODH offloading affordable housing arm","author":"enterpriseam admin","date":"15 December 2020","format":false,"excerpt":"Orascom Development Egypt\u2019s (ODH) board has approved plans to sell the company\u2019s 35% stake in affordable homes builder New City Housing and Development (previously Orascom Housing Communities or OHC), according toa regulatory filing (pdf). The stake is valued at EGP 128.6 mn, the company said without disclosing the name of\u2026","rel":"","context":"In "EQUITIES"","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":568059,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/16\/odh-sells-affordable-housing-arm\/","url_meta":{"origin":648036,"position":1},"title":"ODH sells affordable housing arm","author":"enterpriseam admin","date":"16 December 2020","format":false,"excerpt":"An unnamed UK-based fund has acquired 100% of New City Housing and Development for EGP 365 mn, Al Mal reports citing unnamed sources familiar with the agreement. The fund, which is reportedly owned by an unnamed Egyptian businessman, purchased a 35.2% stake previously held by Samih Sawiris\u2019 Orascom Development Holding\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/289.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634765,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/odh-considering-north-coast-project\/","url_meta":{"origin":648036,"position":2},"title":"ODH considering North Coast project","author":"enterpriseam admin","date":"23 January 2018","format":false,"excerpt":"Orascom Development Holding (ODH) is assesing two land plots on the North Coast to acquire one of them for a coastal development project, IR Director Sara El Gawahergy tells Al Mal. Both land plots are over 400 feddans in area and ODH will be looking to partner with a state-owned\u2026","rel":"","context":"In "Real Estate + Housing"","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":573529,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/09\/orascom-development-egypt-sells-egp-104-8-mn-land-plot-to-mangroovy-hotels\/","url_meta":{"origin":648036,"position":3},"title":"Orascom Development Egypt sells EGP 104.8 mn land plot to Mangroovy Hotels","author":"enterpriseam admin","date":"9 August 2020","format":false,"excerpt":"Orascom Development Egypt has sold a 40k sqm plot of land in El Gouna to MangroovyHotels for EGP 104.8 mn, according to a bourse disclosure (pdf). Mangroovy will use the plot to provide \u201cdifferent types of services\u201d for people living at its Mangroovy Residence project.","rel":"","context":"In "Real Estate + Housing"","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":584043,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/26\/sodic-ode-end-talks-for-orascom-real-estate\/","url_meta":{"origin":648036,"position":4},"title":"SODIC, ODE end talks for Orascom Real Estate","author":"enterpriseam admin","date":"26 March 2023","format":false,"excerpt":"SODIC submitted a non-binding offer for the firm in October","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/409.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628136,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/odh-aims-to-turn-gouna-into-year-round-business-destination-inks-business-park-contract-with-german-tenant\/","url_meta":{"origin":648036,"position":5},"title":"ODH aims to turn Gouna into year-round business destination, inks business park contract with German tenant","author":"enterpriseam admin","date":"26 June 2018","format":false,"excerpt":"ODH aims to turn Gouna into year-round business destination, inks business park contract with German tenant: Orascom Development Holding announced yesterday it had signed a USD 6.7 mn, nine-year lease agreement with a German company for the first business park the developer is building in El Gouna. \u201cODH will build\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=648036"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648036\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648002"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648036"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648036"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}