THE MIDDLE EAST’S

58. Eskandar Tooma

Designation: Chairman
Company: Orascom Development Egypt (ODE)
Headquarters: Egypt
Established: 1989

ODE owns a land bank of over 50 million square meters and a hospitality portfolio of 24 hotels across Egypt. In 2025, it generated $506.6 million in revenue, with total assets stood at $1.2 billion. In December 2025, its subsidiary Makadi Heights reached an agreement with the Egyptian government for a 1.021 million-square-meter expansion, bringing the total Makadi Heights development to 4.75 million square meters. Orascom Development Holding owns a 75.1% stake in ODE.