Located at the heart of Makadi Bay on the beautiful Red Sea Coast, Makadi Heights is only 15 minutes away from Hurghada airport; getting there from overseas couldn’t be easier, while the towns of Hurghada and El Gouna are just 20 and 30 minutes away. The project occupies a prime position 78 meters above sea level at the highest point of Makadi Bay, guaranteeing unbeatable panoramic views of the Red Sea wherever you are.
Orascom Development Holding (“ODH” or the “Company”), headquartered in Switzerland, is a leading developer of fully integrated destinations, with 30 years of experience and a proven track record of sustainable development, including hotels, private villas and apartments, leisure facilities such as golf courses, marinas and supporting infrastructure.
The Group’s diversified portfolio of destinations is spread over seven countries (Egypt, UAE, Oman, Switzerland, Morocco, Montenegro and United Kingdom), with primary focus on touristic destinations. The Group currently operates 9 destinations; four in Egypt (El Gouna, Taba Heights, Makadi Heights, and Fayoum), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro and Andermatt in Switzerland. Orascom Development is listed on the SIX Swiss Exchange.
ODH currently owns a land bank of 101.0 million sqm of which 17.0 million sqm is completed and a comprehensive hospitality portfolio of 7,197 rooms, which are either self-managed by Orascom Hotels Management or by third-party hotel managers under management contracts.