News
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PRESS RELEASE
Orascom Development Holding AG: Sale of land plot in El Gouna for CHF 28.8 million, corresponding to 15.7 times its current book value
Orascom Development Holding AG announces sale of land plot in El Gouna for CHF 28.8 million, 15.7 times its book value, impacting Q2 2024 financials positively -
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PRESS RELEASE
Orascom Development Holding AG: enters into an agreement for the sale of RAK Tourism Investment FZC in the UAE for a total enterprise value of USD 40 million
Orascom Development Holding AG enters into a binding agreement to sell RAK Tourism Investment FZC in the UAE for USD 40 million. Transaction includes cash proceeds and debt assumption