A Tuesday Tourism Talk with Samih Sawiris, 19 November at the Kempinski Hotel Muscat

HALBAN As part of the regular ‘Tuesday Tourism Talks’ organized by the Faculty of Economics and Business of the German University of Technology in Oman (GUtech), the faculty will host Samih Sawiris during an evening event held at the Kempinski Hotel Muscat on 19 November, 7 pm. Samih Sawiris is one of Oman’s leading tourism investors and a leading international figure in the field of tourism and investment. “We are honored to announce this special conversation with Samih Sawiris next week. As the founder and Chairman of Orascom Development Holding (ODH.SW) he has established along with Omran two major integrated tourism projects in Oman, Jabel Sifah located in Muscat and in Hawana Salalah in Dhofar. During the upcoming talk Samih Sawiris will reflect and share insights of his extensive experience as an investor in the tourism industry worldwide, creating destinations through ‘place making’,” said Prof. Dr. Heba Aziz, Dean of the Faculty of Economics and Business at GUtech.

Sawiris is the founder and Chairman of Orascom Development Holding (ODH.SW), a Swiss-incorporated company listed on the Swiss Stock Exchange (SIX). Orascom Development is a leading developer of fully integrated destinations that include hotels, private villas and apartments, leisure facilities such as golf courses, marinas and supporting infrastructure. Through a partnership between the internationally builder of fully-integrated towns, ODH and Oman Tourism Development Company (OMRAN), the leading government arm for tourism development in the Sultanate of Oman, Muriya has invested $650 million in the past ten years in Oman. ODH, 70% shareholders in Muriya, bring with them more than 25 years of experience in developing destinations and towns in the Middle East and in Europe

Orascom Development’s diversified portfolio of destinations is spread over nine jurisdictions (Switzerland, Egypt, Montenegro, Oman, UAE, Jordan and Morocco). The Group currently owns 35 hotels, with 8,135 guestrooms and over 1,000 rooms under development in the different countries. ODH operates eight destinations; Andermatt in Switzerland, Four in Egypt: El Gouna, Taba Heights, Haram City and Makadi in Egypt; The Cove in United Arab Emirates, Jebel Sifah and Salalah Beach in Oman, Andermatt in Switzerland and Lustica Bay in Montenegro.

Samih Sawiris is also a major shareholder of Orascom Construction Industries (OCI N.V.), a Dutch based global producer of natural gas-based chemicals and engineering and construction contractor with projects and investments across Europe, the Americas, Asia, the Middle East and North Africa. He is also a significant stakeholder in Lafarage (LG.FP); a world leader in building material and major player in the cement, aggregates and concrete industries, operating in 64 countries and listed on the Paris Stock Exchange.

In addition, Samih Sawiris is part of the Sawiris Foundation, a prominent institution of economic and social aid in Egypt that provides job opportunities, trainings and placement of qualified Egyptians in the job market as well as scholarships in various colleges and universities.

 

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