Arab Finance: Ora Developers is expected to launch two projects in 2024; located in East Cairo on a 175-feddan land plot and in the North Coast on a 128-feddan land, Egyptian billionaire Naguib Sawiris told Asharq Business.
Sawiris noted that the establishment of two new hotels in the North Coast is underway, while waiting for the required approvals to set up a new hotel near the Pyramids.
Sawiris-owned firm Ora Developers, which develops an integrated real estate project in the UAE, is targeting to invest $15 billion within 10 to 15 years, he added.