21-04-2025
Egypt's ORA Developers accelerates UAE growth with new headquarters, key appointments
Egypt-based ORA Developers announced the establishment of its UAE headquarters at One Central, in what is seen as the company's bid to kick off a major regional expansion.
The company also said it will soon unveil details of its key investment in the UAE, a 4.8 million sqm master-planned community in Ghantoot.
The project, strategically positioned between Abu Dhabi and Dubai, features 1.2 kilometers of pristine Arabian Gulf beachfront.
The Cairo-headquartered ORA Developers, which boasts of a real estate portfolio worth over $45 billion across Egypt, Cyprus, Pakistan, UAE, and Iraq, will also establish customer experience centers in both Abu Dhabi and Dubai to provide a dedicated touchpoint for clients and stakeholders.
Naguib Sawiris, Chairman and CEO of ORA Developers, said in a fast-evolving real estate landscape, establishing the company's regional headquarters is a crucial step that aligns with the UAE's long-term vision for urban development.
'This hub not only strengthens our ability to deliver innovative, future-ready communities, but also allows us to integrate global best practices with the UAE's dynamic market needs,' he said.
Sawiris said the company is also committed to shaping sustainable, well-balanced developments in the UAE by prioritizing nature, connectivity, and design.
Since entering the UAE in 2023, ORA Developers has rapidly scaled its presence acquiring prime land, obtaining regulatory approvals, and laying the groundwork for transformative developments, the company said.
ORA Developers is also a strategic investor in Discovery Dunes, a project designed around a championship golf course by Discovery Land Company.
The company said the ultra-luxury project further validates its investment decisions in the sector and the UAE market.
It has also built its UAE team from the ground up-growing to nearly 94 employees, with plans to at least triple by the end of 2025.
The company said it will be driving the UAE expansion with a leadership team with expertise through development, sales, branding, marketing and finance.
Khaled Morgan, Chief Development Officer, will ensure delivering unique and innovative urban experiences, while Ahmed Samir, Chief Human Resources Officer, will drive talent acquisition in the UAE to support rapid scaling.
Founded by Naguib Sawiris, ORA Developers boasts of a global portfolio spanning residential, hospitality, commercial, and entertainment.
