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Life With Purpose

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"Since we began 35 years ago, Orascom Development has been inspired by the belief that our customers deserve to live “Life As It Should Be”. Today, this principle extends beyond simply living a good life but also is rooted in living life for good and with purpose. Here we present Orascom Development’s first annual Environmental, Social, and Governance (ESG) report – an account of our commitment to driving long-term sustainability, social responsibility, and transparent governance."

Omar El Hamamsy, Group CEO

INDUSTRY RECOGNITION

Orascom Development has been recognized at organizational and individual levels across destinations, highlighting our dedication to sustainability and emphasizing the contributions and commitment of our team. Highlights El Gouna, Egypt • El Gouna CEO, Mohamed Amer, was recognized by the Forbes Middle East Sustainability Leaders' Award in 2023. • Several hotels in Egypt were awarded the Green Star Hotel Certificate including: ◦ Cook’s Club El Gouna ◦ La Maison Bleue ◦ Fanadir Hotel ◦ Mövenpick Resort & Spa El Gouna ◦ Ali Pasha Hotel ◦ Turtle’s Inn ◦ Sultan Bey Hotel ◦ Mosaique Hotel Luštica Bay, Montenegro • The Chedi Luštica Bay has also been awarded numerous certificates and awards, including: ◦ EarthCheck Silver Certificate ◦ Green Key International Environment Certificate ◦ United Nations Global Compact active participant ◦ “On the Road” Status from Zero Waste Montenegro ◦ Sustainable Travel UNESCO Pledge

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2023 Environmental, Social and Governance Report

Annual Reports