Ora Developers opens UAE headquarters, plans to triple workforce by end of 2025: Egyptian real estate firm Ora Developers has opened its regional headquarters at One Central in Dubai, according to a press release (pdf). The company plans to at least triple its workforce by the end of the year from its current 94 employees, as it accelerates development of large-scale projects in the UAE.
OrA is preparing to launch a 4.8 mn sqm beachfront development in Ghantoot, located between Abu Dhabi and Dubai. The company’s chairman and CEO, Egyptian b’naire Naguib Sawiris, previously said the project would require some USD 10 bn in investments, and would be completed in 10-15 years, though at the time it was estimated to be around 15 mn square meter in size. The firm is also building a family luxury community with US operator Discovery Land Company with a private 18-hole golf course, we reported previously.
The company will also open customer experience centers in both emirates to support project management.