Orascom Development's AGM Approves Board's Proposals

Orascom Development Holding AG held its 17th Annual General Meeting on May 8, 2025. The meeting was conducted virtually, adhering to the company's Articles of Association. During the meeting, all Board of Directors' proposals received strong approval.

A key decision was the delisting of Orascom Development Holding AG shares from the SIX Swiss Exchange. This move comes as part of the company's strategic adjustments while maintaining its diversified portfolio across seven countries.

Orascom Development is renowned for developing integrated towns featuring hotels, residences, and leisure facilities. It operates multiple destinations globally, including in Egypt, Oman, the UAE, and the UK.