Marian Wessam

Orascom Development Holding AG is a Switzerland-based company engaged in the real estate sector. Through its subsidiaries, the Company develops and manages integrated towns; hotels; private villas and apartments; and leisure facilities, notably golf courses and marinas. Its activities are divided into five segments: the Hotels segment involves operations related to hotels; the Real Estate and Construction segment involves acquiring land banks and constructing residential real estate; the Destination Management segment maintains finished construction projects; the Land Sale segment manages land transactions; and the Other Activities segment includes mortgage financing, development and management. Its portfolio includes touristic destinations in seven countries: Egypt, the United Arab Emirates, Jordan, Oman, Switzerland, Morocco, Montenegro, and the United Kingdom. The Company's wholly owned subsidiaries include Orascom Hotels and Development in Egypt.