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IFC and Orascom Development Partner to Improve Green Tourism in Egypt

Nov 24, 2024•over 1 year ago

Contract Type

partnership

HospitalityHotelTravel

Description

IFC has announced a partnership with Orascom Development Egypt (ODE) to support the leading Egypt-based tourism and real estate developer in improving energy and water efficiency, as well as reducing greenhouse gas emissions in El Gouna, Egypt.

Company Information

Company

Orascom Development

About

Welcome to the world of Orascom Development. We are a leading international developer specialising in building vibrant, integrated communities in Europe, the Middle East and North Africa. For more than 30 years, Orascom Development has been a pioneer in creating destinations where people are inspired to live, work, and play with passion and purpose. Our towns are soulful places where individuals and families, residents and visitors, leisure and business come together to form inspiring communities. Listed on the SIX Swiss Exchange, we have leveraged our unique approach to destination development since 1989. Orascom Development Holding AG: Welcomes Stuart Leven as New Chief Executive Officer of Hotels Management Division

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