Artificial Intelligence
Builders Company
Developers/ORA Developers
OD
ORA DevelopersCairo, Egypt · founded 2016 · 7 active markets
PRIVATE

ORA Developers designs and develops luxury lifestyle destinations in Egypt and selected international markets. Its portfolio combines residential, commercial, hospitality, entertainment, and mixed-use communities for homebuyers, residents, leisure guests, investors, and visitors seeking integrated, design-led environments with amenities and services.

Years in business
10
founded 2016
LinkedIn headcount
27
employees, as shown on LinkedIn · size band 1,001–5,000
Portfolio value
USD 45 BILLION
September 09, 2025
Assets under management
USD 2.57 BILLION
September 09, 2025
Total projects
six key developments across Egypt
across the company’s whole history
Projects last researched October 12, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
ORA Developers Holding Limited1
Headquarters
2005c1, Cairo1, Egypt
Founded
20161
Entity type
PRIVATE1
Business model
commercial1, mixed use1, masterplan1, other1
Markets
7 markets listed
What they build
Hotel (2 of 5) · Other (2 of 5) · Residential, for sale (1 of 5)
Full dossier in About →

Delivery record

2 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+15.3 mo
the middle of 2 scored projects
Average delay
+15.3 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+19.5 mo
Silversands Beach House · +14.0 to +25.0
0
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

2 date-assessed projects here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

5 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.8/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Structure & systems
8.5/ 10
Fabric, services, waterproofing, envelope · from 4 of 5 rated buildings
Management & living
8.3/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 12 developers, 37 rated buildings in Egypt
Overall rating
ORA Developers · 12 other developers in Egypt
8.8 vs 8.5
this developer 0.3 better
The weighted verdict on each side. From 5 of 5 rated buildings here and 37 in the market.
Structure & systems
ORA Developers · 12 other developers in Egypt
8.5 vs —
Too few buildings with this score in Egypt to compare (1)
Fabric and engineering only — fixed at handover. From 4 of 5 rated buildings here and 1 in the market.
Management & living
ORA Developers · 12 other developers in Egypt
8.3 vs 8.1
this developer 0.2 better
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 36 in the market.
The market here is Egypt: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • DELIVERY DELAY Reported May 17, 2026; alleged handover delay of more than six years A buyer publicly alleged that an Ora unit purchased in 2019 was contractually expected after four years but was handed over only after more than six years, and further alleged that the delivered unit had severely deteriorated finishes and damaged bathroom doors; the report records the buyer’s allegations and does not report a company response or adjudication.
  • RISK Reported June 14, 2024 A buyer publicly alleged that an Ora sales employee induced him to purchase a Sheikh Zayed villa, after which he sought cancellation and a refund of his EGP 2 million deposit but said he was told a 10% cancellation charge would apply; the report does not establish fraud or record a resolution.
  • DELIVERY DELAY Customer review dated 2025-04-16; status evidence available in material retrieved on 2026-10-12 ZED West (Sheikh Zayed): a customer review dated 16 April 2025 alleged that Ora Developers’ contractual delivery date was September 2023, including a one-year grace period, yet the unit remained undelivered 18 months after that grace period; this is customer-reported evidence rather than a court or regulator finding, and the reviewed material does not identify a subsequent resolution.
Record status
active
Company sources
106 source entries across 106 fields
Projects tracked
5 · 5 completed in assessment
All flags and sources →

Track Record

Delivery record

2 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+15.3 mo
the middle of 2 scored projects
Average delay
+15.3 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+19.5 mo
Silversands Beach House · +14.0 to +25.0
0
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

2 date-assessed projects here
Not enough info yet.

Construction start to handover

5 of 5 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Place not published
Cyprus
Pakistan
2015201620172018201920202021202220232024202520262027todayPLACE NOT PUBLISHED+19.5 moverified+11 moverifiedCYPRUS+3 moestimated+10 moestimatedPAKISTANdates under review
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

5 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.8/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Structure & systems
8.5/ 10
Fabric, services, waterproofing, envelope · from 4 of 5 rated buildings
Management & living
8.3/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 12 developers, 37 rated buildings in Egypt
Overall rating
ORA Developers · 12 other developers in Egypt
8.8 vs 8.5
this developer 0.3 better
The weighted verdict on each side. From 5 of 5 rated buildings here and 37 in the market.
Structure & systems
ORA Developers · 12 other developers in Egypt
8.5 vs —
Too few buildings with this score in Egypt to compare (1)
Fabric and engineering only — fixed at handover. From 4 of 5 rated buildings here and 1 in the market.
Management & living
ORA Developers · 12 other developers in Egypt
8.3 vs 8.1
this developer 0.2 better
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 36 in the market.
The market here is Egypt: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

5 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Silversands Beach HousePortici Beach30 units
9.7/ 10
9.0/ 10
Tripadvisor 4.9/5 · 275 reviews · tripadvisor.com
Booking.com 10/10, 9.6/10 · 9 reviews · booking.com
Combined from 3 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 9.
8.6/ 10
Tripadvisor 4.9/5, 4.7/5 · 275 reviews · tripadvisor.com
Booking.com 9.6/10, 9.6/10, 8.7/10, 10/10 · 9 reviews · booking.com
Combined from 6 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.6.

Tripadvisor’s building-specific guest aggregate is the largest review base at 4.9/5 from 275 reviews, which converts to 9.7/10 under the stated curve and sets the level. Booking.com is directionally positive but has only nine reviews, so it cannot anchor or materially dissent; the written evidence adds strong praise for hospitality and only isolated operational reservations.

+ Warm, attentive staff+ Peaceful atmosphere+ Beach and pool access+ Clean rooms+ High-quality dining
− One report of slow or under-trained staff− Repetitive menu reported once− No full spa onsite

no notes returned

no links returned

Published guest reviews describe the daily experience as calm and highly service-oriented: one Tripadvisor review says the staff “make you feel like family,” while Aspire reports that staff “can’t do enough for us.” The main operational reservations were Booking.com comments that “staff needs training,” a “Slow staff” note, the lack of a real onsite spa, and a menu that one guest found repetitive; these are isolated comments rather than recurring failures in the material read.

The Club at Eighteen
9.7/ 10
—/ 10
9.7/ 10

Wanderlog’s building-specific aggregate of 4.9/5 from 41 reviews is the anchor; because it is a guest/short-stay-style club review set, the published score converts to 9.7/10 under the specified guest curve. The written excerpts consistently praise staff, facilities and course condition, while no recurring negative theme was found; structural scoring remains null because the reviews do not assess core building systems.

+ Well-maintained fairways+ Well-maintained greens+ Scenic landscaping
+ Friendly staff+ Well-trained staff+ Peaceful environment+ Good food+ Clubhouse amenities

The published reviews contain limited physical-asset evidence, but they repeatedly praise the golf-course condition: one reviewer says the “well-maintained fairways and greens showcase the club’s commitment to excellence,” while another describes the “green grassy golf course.” No published review read for this specific club reported leaks, plumbing, HVAC, electrical problems or other building-system failures.

The visible guest feedback is strongly positive about day-to-day use: reviewers describe “Friendly and Respectful Staff,” a “peaceful” place and “Excellent food and even better golf course.” Another review calls the staff hospitality “unparalleled” and praises the clubhouse amenities and pro shop.

Ayia Napa Marina — Phase 1 (marine and infrastructure works)
9.0/ 10
7.8/ 10
Navily 4.7/5 · 15 reviews · navily.com
Navily publishes 4.7/5 from 15 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.8.
6.7/ 10
Navily 4.6/5, 4.7/5, 3.5/5, 3.9/5 · 15 reviews · navily.com
Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.7.

Google’s 4.7/5 from 1,626 reviews is the largest review base and converts to 8.5/10, setting the level. Repeated positive commentary on cleanliness, staff, safety and the setting supports a modest upward adjustment, while limited facilities and one shower hot-water complaint prevent a larger increase. Structural scoring is based on the more limited Navily and written infrastructure evidence, so it is less certain than the overall score.

+ Clear, clean marina water+ Sheltered berthing+ Pristine new facilities+ Boat repair resources reported+ Safe, controlled environment
− One report of intermittent shower hot water
+ Friendly staff+ Efficient port-entry process+ Waterfront walks and seating+ Restaurants, cafés and convenience facilities+ Safe and attractive setting
− Limited amenities while still developing− Seasonal restaurant hours− Restricted access to moorings for the general public

Reviewers describe the physical environment as “pristine,” with “beautiful and clear” water, clean bathrooms and berthing that is “well secured against storms and swell.” A single Navily review says “the hot water was not always working in the showers”; no broader structural failure, flooding, lift outage or infrastructure defect was reported. The project’s first phase was formally described as including marine and infrastructure works, internal roads and MEP installations, and was delivered within schedule.

Daily-life feedback is largely favourable: one sailor called the service “very friendly,” said staff handled issues, and another described the marina as “safe and comfortable.” Visitors praised the modern waterfront and events, but also noted that “there’s not much else to do yet,” while the 2023 reporting described low visitor numbers and continuing development; these are dated observations rather than proof of the position on 2026-10-12.

Silversands Grand AnseGrand Anse Beach52 units
9.0/ 10
8.8/ 10
Tripadvisor 4.9/5 · 454 reviews · tripadvisor.com
Tripadvisor publishes 4.9/5 from 454 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.8.
8.4/ 10
Tripadvisor 4.9/5, 4.6/5 · 454 reviews · tripadvisor.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.4.

Tripadvisor’s 4.7/5 aggregate from 454 reviews is the anchor and converts to 9.2/10. The overwhelmingly positive written evidence supports a high living assessment, but the severe July 2025 construction-noise report and smaller service/value criticisms pull the overall result down modestly. Structural scoring remains null because the published evidence does not establish a dependable rating of the building’s physical systems.

+ Modern rooms+ Spacious rooms+ Cleanliness+ Well-maintained infinity pool
− Construction noise− Reported room vibration− Patchy internet− Minor room-equipment faults
+ Warm and attentive staff+ Excellent beach and pool service+ Peaceful atmosphere+ Strong spa offering+ Beachfront location
− High prices− Slow pool service− Limited activities− Limited breakfast choice− Construction disturbance

Guests commonly describe the rooms as “modern and stylish,” “spacious,” and clean, and Tripadvisor publishes a 4.9/5 cleanliness sub-rating. However, a July 2025 guest reported heavy drilling and vehicle noise, saying the room physically vibrated; the hotel responded that the work was outside the property and cordoned off. The same review reported a patchy internet connection, while another guest mentioned a frozen wine fridge and non-working jacuzzi.

Daily life is generally described as luxurious and well-serviced: guests praise “warm,” “friendly” staff, attentive beach and pool attendants, the peaceful beachfront and the spa. The principal negative evidence is the July 2025 report that construction made it impossible to “read,” “nap” or “relax,” alongside complaints that the resort was “extremely overpriced”; other reviews mention slow pool service and limited activities.

Ayia Napa Marina — East Tower95 units
6.4/ 10
8.5/ 10
Airbnb 5/5 · 7 reviews · airbnb.com
Booking.com 10/10 · 1 review · booking.com
Combined from 2 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.5.
8.2/ 10
Airbnb 5/5, 4.7/5, 4.7/5, 4.9/5 · 7 reviews · airbnb.com
Booking.com 10/10 · 1 review · booking.com
Vrbo 10/10, 6/10, 10/10, 10/10 · 1 review · vrbo.com
Combined from 9 published figures on 3 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.2.

The largest published review base located is Exa Places’ 2.0/5 from 9 reviews, but it is below the 10-review threshold, so the score is kept within one point of the prescribed 6.5 fallback level. Airbnb’s smaller seven-review aggregate and the one-review Booking.com and Vrbo results are positive guest evidence, but do not replace the anchor; there is no recurring complaint evidence to apply as a commentary adjustment.

+ Good facilities+ Cleanliness praised+ Communication praised+ Location praised+ Restaurants nearby

no notes returned

no links returned

The available written guest feedback is positive but very limited: one verified Vrbo review praised “great facilities and local restaurants” and specifically liked cleanliness, communication and location. Booking.com also reports 10/10 for staff, facilities, cleanliness, comfort, value and location, but that result is based on only one guest review; no recurring resident-management complaints were located.

Only buildings that have reached handover are rated. 0 of 5 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
ORA Developers Holding Limited
Headquarters
2005c, Cairo, Egypt
Founded
2016
Entity type
PRIVATE
Revenue
USD 31.4 MILLION
September 26, 2026
Business model
commercial, mixed use, masterplan, other

Offices

head office and 2 others
DubaiNew Cairo

Sources: office cities

COMPANYdate not shown in source

Contact Us

ORA Developers
Offices 5 One Central, Sheikh Zayed Road, Dubai, United Arab Emirates
value seen: Dubai
https://www.oradevelopers.com/contact-us

Sources: office cities

COMPANYdate not shown in source

ORA | Contact Us

ORA Developers · carried by ora-egypt.com
Ora Developers, New Cairo 1, Cairo Governorate
value seen: New Cairo
https://www.ora-egypt.com/contact

Partners

6 partners
Orascom Construction
contractor

Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it has signed an agreement with Ora Developers to build the first phase of ZED Sheikh Zayed in Egypt.

Banque Misr
funder

Ora Developers also signed an agreement worth EGP 1 billion with Banque Misr dedicated to the first phase of the project.

WATG International
partner

After finishing the master plan and architectural design developed by "WATG" International, we decided to maintain the same level of international standards and quality by collaborating with Orascom Construction.

Saif Group
joint venture

Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.

Kohistan Builders
joint venture

Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.

Gerasimos Caramondanis
joint venture

The project is the realisation of the vision shared by its partners, Cypriot entrepreneur Gerasimos Caramondanis and Egyptian investor Naguib Sawiris.

Sources: name

CONTRACTOR2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it has signed an agreement with Ora Developers to build the first phase of ZED Sheikh Zayed in Egypt.
value seen: Orascom Construction
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: partner type

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it has signed an agreement with Ora Developers to build the first phase of ZED Sheikh Zayed in Egypt.
value seen: CONTRACTOR
value paraphrased from this source
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: summary

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it has signed an agreement with Ora Developers to build the first phase of ZED Sheikh Zayed in Egypt.
value seen: Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that it has signed an agreement with Ora Developers to build the first phase of ZED Sheikh Zayed in Egypt.
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: name

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
Ora Developers also signed an agreement worth EGP 1 billion with Banque Misr dedicated to the first phase of the project.
value seen: Banque Misr
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: partner type

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
Ora Developers also signed an agreement worth EGP 1 billion with Banque Misr dedicated to the first phase of the project.
value seen: FUNDER
value paraphrased from this source
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: summary

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
Ora Developers also signed an agreement worth EGP 1 billion with Banque Misr dedicated to the first phase of the project.
value seen: Ora Developers also signed an agreement worth EGP 1 billion with Banque Misr dedicated to the first phase of the project.
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: name

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
After finishing the master plan and architectural design developed by "WATG" International, we decided to maintain the same level of international standards and quality by collaborating with Orascom Construction.
value seen: WATG International
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: partner type

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
After finishing the master plan and architectural design developed by "WATG" International, we decided to maintain the same level of international standards and quality by collaborating with Orascom Construction.
value seen: OTHER
value paraphrased from this source
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: summary

COMPANY2020-05-12

Orascom Construction Signs An Agreement with Ora Developers for Phase I of ZED Sheikh Zayed in Egypt - Orascom Construction

Orascom Construction
After finishing the master plan and architectural design developed by "WATG" International, we decided to maintain the same level of international standards and quality by collaborating with Orascom Construction.
value seen: After finishing the master plan and architectural design developed by "WATG" International, we decided to maintain the same level of international standards and quality by collaborating with Orascom Construction.
https://orascom.com/updates/orascom-construction-signs-an-agreement-with-ora-developers-for-phase-i-of-zed-sheikh-zayed-in-egypt/

Sources: name

COMPANYdate not shown in source

About Us - Eighteen Pakistan

Eighteen Pakistan
Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
value seen: Saif Group
https://eighteenpk.com/about-us/

Sources: partner type

COMPANYdate not shown in source

About Us - Eighteen Pakistan

Eighteen Pakistan
Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
value seen: JV_PARTNER
value paraphrased from this source
https://eighteenpk.com/about-us/

Sources: summary

COMPANYdate not shown in source

About Us - Eighteen Pakistan

Eighteen Pakistan
Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
value seen: Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
https://eighteenpk.com/about-us/

Sources: name

COMPANYdate not shown in source

About Us - Eighteen Pakistan

Eighteen Pakistan
Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
value seen: Kohistan Builders
https://eighteenpk.com/about-us/

Sources: partner type

COMPANYdate not shown in source

About Us - Eighteen Pakistan

Eighteen Pakistan
Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
value seen: JV_PARTNER
value paraphrased from this source
https://eighteenpk.com/about-us/

Sources: summary

COMPANYdate not shown in source

About Us - Eighteen Pakistan

Eighteen Pakistan
Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
value seen: Eighteen is Pakistan’s first lifestyle destination developed by Egypt’s Ora Developers in partnership with Saif Group and Kohistan Builders.
https://eighteenpk.com/about-us/

Sources: name

COMPANYdate not shown in source

Discover | Ayia Napa Marina

Ayia Napa Marina
The project is the realisation of the vision shared by its partners, Cypriot entrepreneur Gerasimos Caramondanis and Egyptian investor Naguib Sawiris.
value seen: Gerasimos Caramondanis
https://marinaayianapa.com/discover/

Sources: partner type

COMPANYdate not shown in source

Discover | Ayia Napa Marina

Ayia Napa Marina
The project is the realisation of the vision shared by its partners, Cypriot entrepreneur Gerasimos Caramondanis and Egyptian investor Naguib Sawiris.
value seen: JV_PARTNER
value paraphrased from this source
https://marinaayianapa.com/discover/

Sources: summary

COMPANYdate not shown in source

Discover | Ayia Napa Marina

Ayia Napa Marina
The project is the realisation of the vision shared by its partners, Cypriot entrepreneur Gerasimos Caramondanis and Egyptian investor Naguib Sawiris.
value seen: The project is the realisation of the vision shared by its partners, Cypriot entrepreneur Gerasimos Caramondanis and Egyptian investor Naguib Sawiris.
https://marinaayianapa.com/discover/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

7 countries
Egyptactive 0 projects tracked
Cyprusactive 2 projects tracked
Pakistanactive 1 project tracked
Grenadaactive 0 projects tracked
United Arab Emiratesactive 0 projects tracked
Iraqactive 0 projects tracked
Greeceactive 0 projects tracked
2 of 5 projects carry no country in the record — most of those name only a city — so they are not counted against a market here.

What they build

5 types
Hotel2 of 5
Other2 of 5
Residential, for sale1 of 5
Masterplan1 of 5
Hotel residences1 of 5
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
NS
Naguib Sawiris
Ora’s chairman and the public face of its expansion. Ora’s own leadership page identifies him as chairman and CEO, and recent coverage places him at the center of the company’s UAE growth plans.
Current title
Chairman and CEO
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged
https://linkedin.com/in/naguibs

Sources: full name

COMPANYdate not shown in source

Ora

Ora Developers
### Naguib Sawiris
value seen: Naguib Sawiris
https://oradevelopers.com/about

Sources: linkedin page

SOCIAL2026-12-06

naguib s. sawiris

LinkedIn
### Chairman - [Orascom Development](https://www.linkedin.com/company/orascom-development) (Current) ...
value seen: https://linkedin.com/in/naguibs
https://linkedin.com/in/naguibs

Sources: summary

COMPANYdate not shown in source

Ora

Ora Developers
Mr. Sawiris is also Chairman of Ora Developers, a company undertaking high-end real estate developments and hospitality projects in various prime locations around the world.
value seen: Ora’s chairman and the public face of its expansion.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://oradevelopers.com/about

Sources: title

COMPANYdate not shown in source

Ora

Ora Developers
Chairman and CEO
value seen: Chairman and CEO
https://oradevelopers.com/about
WL
Wafaa Lotaief
Vice chairman with more than three decades in the Orascom ecosystem. Ora describes her as a long-time group executive who moved into the vice-chair role after serving as deputy CEO of Ora.
Current title
Vice Chairman
since January 2022
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged

Sources: full name

COMPANYdate not shown in source

Ora

Ora Developers
### wafaa Lotaief
value seen: Wafaa Lotaief
https://oradevelopers.com/about

Sources: since

COMPANYdate not shown in source

Ora

Ora Developers
when she has been appointed to the position of Vice Chairman.
value seen: January 2022
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://oradevelopers.com/about

Sources: summary

COMPANYdate not shown in source

Ora

Ora Developers
Ms. Wafaa has worked with the Orascom Group for over three decades.
value seen: Vice chairman with more than three decades in the Orascom ecosystem.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://oradevelopers.com/about

Sources: title

COMPANYdate not shown in source

Ora

Ora Developers
Vice Chairman
value seen: Vice Chairman
https://oradevelopers.com/about
MS
Mohamed Sheta
Ora’s finance chief, responsible for the group’s worldwide operations from a finance and treasury perspective. Before Ora he held senior finance roles at Orascom Telecom and Orange, and he started in investment banking at SocGen.
Current title
Chief Financial Officer
since Jan 2017
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged
https://linkedin.com/in/mohamed-sheta-a06aa916

Sources: full name

COMPANYdate not shown in source

Ora

Ora Developers
### Mohamed Sheta
value seen: Mohamed Sheta
https://oradevelopers.com/about

Sources: linkedin page

SOCIAL2026-12-13

mohamed sheta

LinkedIn
# Mohamed Sheta
value seen: https://linkedin.com/in/mohamed-sheta-a06aa916
https://linkedin.com/in/mohamed-sheta-a06aa916

Sources: since

SOCIAL2026-12-13

mohamed sheta

LinkedIn
Jan 2017 - Present (9 years and 8 months) in Dubai, Dubai, United Arab Emirates
value seen: Jan 2017
https://linkedin.com/in/mohamed-sheta-a06aa916

Sources: summary

COMPANYdate not shown in source

Ora

Ora Developers
Mr. Mohamed is the CFO of ORA, covering the worldwide operations of the group.
value seen: Ora’s finance chief, responsible for the group’s worldwide operations from a finance and treasury perspective.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://oradevelopers.com/about

Sources: title

COMPANYdate not shown in source

Ora

Ora Developers
Chief Financial Officer, ORA
value seen: Chief Financial Officer
https://oradevelopers.com/about
LS
Lana Sawiris
Ora’s commercial lead, covering sales, marketing, brand vision and customer experience across the group’s markets. Her background is in luxury and creative leadership, including Christian Louboutin, Kith and her own &LANA incubator.
Current title
Chief Commercial Officer, ORA
since Jan 2025
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged
https://linkedin.com/in/lanasawiris

Sources: full name

COMPANYdate not shown in source

Ora

Ora Developers
### Lana Sawiris
value seen: Lana Sawiris
https://oradevelopers.com/about

Sources: linkedin page

SOCIAL2026-12-13

Lana Sawiris

LinkedIn
### Global Chief Commercial Officer - [ORA Developers](https://www.linkedin.com/company/oradevelopers) Jan 2025 - Aug 2026 (1 year and 7 months) in Dubai, Dubai, United Arab Emirates
value seen: https://linkedin.com/in/lanasawiris
https://linkedin.com/in/lanasawiris

Sources: since

SOCIAL2026-12-13

Lana Sawiris

LinkedIn
Jan 2025 - Aug 2026 (1 year and 7 months) in Dubai, Dubai, United Arab Emirates
value seen: Jan 2025
https://linkedin.com/in/lanasawiris

Sources: summary

OTHERdate not shown in source

Lana Sawiris – Agora Naguib Sawiris School of Business

Agora Naguib Sawiris School of Business
Today, Lana is Global Chief Commercial Officer of Ora Developers, where she leads sales, marketing, brand vision, and customer experience across seven international markets.
value seen: Ora’s commercial lead, covering sales, marketing, brand vision and customer experience across the group’s markets.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sawiris.agora.edu/team/lana-sawiris/

Sources: title

COMPANYdate not shown in source

Ora

Ora Developers
Chief Commercial Officer, ORA
value seen: Chief Commercial Officer, ORA
https://oradevelopers.com/about
KM
Khaled Morgan
Ora’s development chief and a board member, overseeing the design and development side of the portfolio. His background is in architecture and real estate development, with prior experience at SODIC and other international practices.
Current title
Group Chief Development Officer & Board Member
since Jan 2022
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged
https://linkedin.com/in/khaledmorgan

Sources: full name

COMPANYdate not shown in source

Ora

Ora Developers
### Khaled Morgan
value seen: Khaled Morgan
https://oradevelopers.com/about

Sources: linkedin page

SOCIAL2026-12-23

Khaled Morgan

LinkedIn
# Khaled Morgan Group Chief Development Officer & Board Member at Ora Developers
value seen: https://linkedin.com/in/khaledmorgan
https://linkedin.com/in/khaledmorgan

Sources: since

SOCIAL2026-12-23

Khaled Morgan

LinkedIn
Jan 2022 - Present (4 years and 7 months)
value seen: Jan 2022
https://linkedin.com/in/khaledmorgan

Sources: summary

COMPANYdate not shown in source

Ora

Ora Developers
Chief Development Officer, ORA
value seen: Ora’s development chief and a board member, overseeing the design and development side of the portfolio.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://oradevelopers.com/about

Sources: title

SOCIAL2026-12-23

Khaled Morgan

LinkedIn
# Khaled Morgan Group Chief Development Officer & Board Member at Ora Developers
value seen: Group Chief Development Officer & Board Member
https://linkedin.com/in/khaledmorgan
AS
Amgad Sabry
Ora’s global business-development lead, focused on growth opportunities and rapid execution. Public coverage portrays him as helping turn the company’s long-term vision into deliverable projects.
Current title
Chief Business Development Officer
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged
https://eg.linkedin.com/in/amgad-sabry-a75564292

Sources: full name

COMPANYdate not shown in source

Ora

Ora Developers
### Amgad Sabry
value seen: Amgad Sabry
https://oradevelopers.com/about

Sources: linkedin page

SOCIALdate not shown in source

Amgad Sabry - Chief Business Development Officer at Ora ...

LinkedIn
# Amgad Sabry - Chief Business Development Officer at Ora ...
value seen: https://eg.linkedin.com/in/amgad-sabry-a75564292
https://eg.linkedin.com/in/amgad-sabry-a75564292

Sources: summary

COMPANYdate not shown in source

Ora

Ora Developers
He is responsible for the business development of ORA Globally.
value seen: Ora’s global business-development lead, focused on growth opportunities and rapid execution.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://oradevelopers.com/about

Sources: title

COMPANYdate not shown in source

Ora

Ora Developers
Chief Business Development Officer, ORA
value seen: Chief Business Development Officer
https://oradevelopers.com/about

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

5 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Silversands Beach Housenot published
Portici Beach
hotel301————2021April 2021Jan 2022 – Dec 2022Feb 2024+19.5 mo
(+14.0 to +25.0)
sourcedcompleted
Ayia Napa Marina — East TowerCyprus
residential for sale951————2016October 3, 2016Jul 2023Oct 2023+3.0 mo
(+3.0 to +3.0)
estimatedcompleted
The Club at EighteenPakistan
other—————2023October 16, 2023Jan 2024Oct 2023dates under reviewdates under reviewcompleted
Ayia Napa Marina — Phase 1 (marine and infrastructure works)Cyprus
masterplan, other———EUR 80m
estimated cost
—2016September 2016Jun 2019 – Aug 2019May 2020+10.0 mo
(+9.0 to +11.0)
estimatedcompleted
Silversands Grand Ansenot published
Grand Anse Beach
hotel, hotel residences521———10% + 12.5% + 10% + 12.5% + 10% + 7% + 7% + 7% + 7% + 7% + 7.5% + 2.5%12015January 2015Dec 2017 – Feb 2018Dec 2018+11.0 mo
(+10.0 to +12.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
PROJECT AWARD Winner 2025–2026
Best Residential High-Rise Development, Egypt · Club Side Tower
Club Side Tower, developed by Ora Developers Egypt, is listed as the 2025–2026 award winner for Best Residential High-Rise Development in Egypt.
PROJECT AWARD Winner 2024
Architecture Innovation
ORA Developers Egypt is listed as the winner in the Architecture Innovation category in the Invest-Gate ACE Awards 2024 winners list.
COMPANY AWARD Winner 27 June 2022
Developer of the Year
Ora Developers reports that it won Developer of the Year at The Big 5 Egypt Impact Awards held on 27 June 2022.
PROJECT AWARD Winner 2022
Best Luxury Mixed-Use Development for Beach & Island Villas in Cyprus · Ayia Napa Marina
The developer reports that Ayia Napa Marina received the Best Luxury Mixed-Use Development for Beach & Island Villas in Cyprus 2022 award.
COMPANY AWARD Winner 15 March 2023 (ceremony); reported 3 April 2023
The Most Influential Company in Innovating New Real Estate Products
Daily News Egypt reported that Ora Developers Egypt was honoured for innovating and developing new real-estate products at the 2022/23 DNE Awards.
PROJECT AWARD Winner 3 March 2020
Top Innovative Real Estate Concept · ZED
EgyptToday reported that ORA Developments won the Top Innovative Real Estate Concept award for the ZED project at the bt100 Awards.

Risks

Risk flags

3 found
DELIVERY DELAY Reported May 17, 2026; alleged handover delay of more than six years
A buyer publicly alleged that an Ora unit purchased in 2019 was contractually expected after four years but was handed over only after more than six years, and further alleged that the delivered unit had severely deteriorated finishes and damaged bathroom doors; the report records the buyer’s allegations and does not report a company response or adjudication.
RISK Reported June 14, 2024
A buyer publicly alleged that an Ora sales employee induced him to purchase a Sheikh Zayed villa, after which he sought cancellation and a refund of his EGP 2 million deposit but said he was told a 10% cancellation charge would apply; the report does not establish fraud or record a resolution.
DELIVERY DELAY Customer review dated 2025-04-16; status evidence available in material retrieved on 2026-10-12
ZED West (Sheikh Zayed): a customer review dated 16 April 2025 alleged that Ora Developers’ contractual delivery date was September 2023, including a one-year grace period, yet the unit remained undelivered 18 months after that grace period; this is customer-reported evidence rather than a court or regulator finding, and the reviewed material does not identify a subsequent resolution.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 12, 2026 this month
Profile last researchedOctober 12, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.