• Thursday, 16 February 2023

    ODE gets greenlight for Gouna expansion

    El Gouna is about to get a lot bigger: Orascom Development Egypt (ODE) has inked an agreement with Egyptian authorities to expand El Gouna, ODE said in an EGX disclosure (pdf) yesterday. Under the agreed master plan, the company will...
  • Monday, 21 November 2022

    Meet the Gouna boarding school that wants to build future leaders

    How leadership- and service-oriented residential school Manara plans to weave itself into Egypt’s educational fabric: Six years ago, Naguib Samih Sawiris put his eyes on realizing his dream to give talented students the chance to make a difference in their...
  • Thursday, 20 October 2022

    Gouna’s Uri-Schule opens first building + HSBC’s advisory arm gets tub tubs

    Swiss education lands in Gouna: Naguib and Samih Sawiris last week inaugurated the first building of the Uri-Schule El Gouna campus, alongside Swiss Ambassador to Egypt Yvonne Baumman and principal Lucas Aeschbacher. The Swiss school is the first in MENA...
  • Sunday, 9 October 2022

    Belgium’s DEME awarded dredging contract

    Belgium’s DEME Group has been awarded large-scale dredging project as part of the development of Abu Qir Port, Al Mal reports, citing sources it claims are familiar with the matter. The dredging work will serve the set up of new...
  • Sunday, 5 June 2022

    El Gouna gets a new CEO

    Orascom Development has appointed Mohamed Amer (Linkedin) as the CEO of its flagship El Gouna town, according to a statement (pdf). Amer has over 20 years of experience with Xerox, most recently as VP & regional general manager for the...
  • Wednesday, 22 September 2021

    Nicola Kheir appointed El Gouna general manager

    Orascom Development Egypt has appointed Nicola Kheir the general manager of El Gouna, according to a statement (pdf).
  • Sunday, 30 May 2021

    El Shorbagy, El Sherbiny win El Gouna International Squash Open 2021

    Women’s squash world no.1 Nour El Sherbiny and men’s world no.2 Mohamed ElShorbagy won the 2021 El Gouna International Squash Open. El Shorbagy took the title after defeating world no.4 Paul Coll, while El Sherbiny won against world no.2 Nouran...
  • Tuesday, 22 September 2020

    Elves closes in on “substantial” series A funding ahead of El Gouna move

    STARTUP WATCH- AI startup Elves is closing in on “substantial” series A funding as it gears up to move its HQ to El Gouna, where the entire team will be working from the Red Sea town’s G Space coworking tech...
  • Sunday, 9 August 2020

    Orascom Development Egypt sells EGP 104.8 mn land plot to Mangroovy Hotels

    Orascom Development Egypt has sold a 40k sqm plot of land in El Gouna to Mangroovy Hotels for EGP 104.8 mn, according to a bourse disclosure (pdf). Mangroovy will use the plot to provide “different types of services” for people...

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