ORA UAE Real Estate:

Background:
ORA UAE Real Estate, founded by Egyptian entrepreneur Engineer Naguib Sawiris and backed by the Orascom Development Group, entered the UAE luxury real estate market around 2023. Known for its diverse global portfolio, ORA has expanded rapidly within the UAE, emphasizing high-end, sustainable living. The company has a global footprint with projects in Egypt, Cyprus, Grenada, Greece, Pakistan, and Iraq, and has established its regional headquarters in Dubai’s prestigious One Central district.

Notable Achievements:
ORA has made a significant impact in the UAE market with its flagship project, Bayn, a large-scale coastal development in Ghantoot, Abu Dhabi, estimated at $10 billion. The company has also formed strategic partnerships, including one with the U.S.-based Discovery Land Company to create an ultra-luxury golf community. In addition, ORA has committed to expanding its workforce in the UAE, aiming to triple its team by 2025.

Top Projects by ORA UAE:

• Bayn (Ghantoot, Abu Dhabi)

• Discovery Land Company Collaboration (UAE)