Egyptian billionaire Samih Sawiris's Orascom Development lifts nine-month profit to $85 million
Billionaires Africa | 12.11.2026 20:04
Orascom Development Egypt, the resort-town developer chaired by Egyptian tycoon Samih Sawiris, lifted its net profit 24% to EGP4.7 billion ($85 million) in the first nine months of 2026, helped by strong demand for homes at El Gouna and its other destinations.
