ODE, the largest subsidiary of Orascom Development Holding, has a land bank of more than 50 million square meters with over 60% developed or under development across Egypt. It also has 24 hotels with approximately 5,000 rooms in Egypt. In 2024, it delivered 1,886 units. In November, ODE sold 110,000 square meters of land in El Gouna to Hassan Allam Properties for approximately $37.4 million, payable over five years. In October 2024, it secured a $155 million loan facility from the International Finance Corporation to partially refinance debt and support hotel renovations and expansion in El Gouna.