Orientals for Urban Development (OUD) is an Egyptian joint-stock company established in 1994 to capitalize on the real estate boom in Egypt. With an emphasis on sustainable growth and excellence in the real estate and urban development sectors, OUD has emerged as one of Egypt’s leading real estate developers. The company was created by a group of creative engineers and real estate developers who delightfully work with the community to provide new and sustainable solutions.
OUD’s mission and vision are to promote sustainable growth and excellence in the real estate and urban development sectors. The company’s strategic aim is to create a better Egyptian future. OUD is dedicated to creating high-quality, innovative, and sustainable projects that suit the needs of its clients. OUD has established itself as a reputable name in Egypt’s real estate business, boasting a residential, commercial, and mixed-use complexes portfolio.
OUD’s success is based on its commitment to quality, innovation, and sustainability. It has become a leader in the real estate industry in Egypt. By focusing on creating sustainable solutions that benefit both the local community and the environment, OUD is helping to shape the future of urban development in Egypt.
Company Overview
Founding and Evolution
Orientals for Urban Development (OUD) is an Egyptian joint-stock company founded in 1994 to capitalize on Egypt’s real estate boom. Since then, it has grown to be one of Egypt’s largest real estate and urban development, with over USD 3.1 billion in investments. OUD is a subsidiary of Oriental Weavers, a leading global carpet and rug manufacturer.
OUD’s Vision and Mission
OUD’s vision is to be the leading real estate and urban development company in Egypt and the Middle East, featuring innovative and sustainable solutions to meet the needs of its customers and communities. Its mission is to create value for its shareholders, customers, and stakeholders by developing high-quality, affordable, and environmentally friendly real estate projects.
Leadership and Governance
OUD is governed by a board of directors responsible for setting the company’s strategic direction and overseeing its operations. The Board is chaired by Mr. Mohamed Farid Khamis, also the Chairman and CEO of Oriental Weavers. Under his leadership, OUD has become a significant player in the Egyptian real estate market, with a portfolio of projects that includes residential, commercial, and mixed-use developments.
In conclusion, Orientals for Urban Development (OUD) is an Egyptian joint-stock company founded in 1994 to capitalize on the real estate boom in Egypt. OUD’s vision is to be the leading real estate and urban development company in Egypt and the Middle East, providing innovative and sustainable solutions to meet the needs of its customers and communities. The company is governed by a board of directors chaired by Mr. Mohamed Farid Khamis, also the chairman and CEO of Oriental Weavers.
Strategic Business Units
Orientals For Urban Development (OUD) has diversified its operations across various strategic business units. These units are focused on specific industries and sectors, which has allowed the company to expand its portfolio and increase its revenue streams.
Real Estate Development
Real estate development is one of OUD’s core business units. The company has developed many residential and commercial projects across Egypt, including Greater Cairo for Construction and Development. OUD has delivered over 10,500 residential and 411 commercial units, with an additional 13,635 residential and 1,382 industrial units in the pipeline. The company has invested over USD 3.1 billion in real estate development projects.
Tourism and Hospitality
OUD has a strong presence in the tourism and hospitality industry, with its subsidiary Red Sea Sharm for Tourism Development. The company has developed several resorts and hotels in the Red Sea region, catering to domestic and international tourists. These projects have contributed to the growth of the Egyptian tourism industry, which is a significant contributor to the country’s economy.
Agricultural Projects
OUD has also ventured into the agricultural sector, focusing on sustainable and innovative farming practices. The company has established several agricultural projects across Egypt to increase productivity and reduce waste. These projects align with the company’s vision of contributing to the development of cities and enhancing the level of trade and investment.
In conclusion, OUD’s strategic business units have allowed the company to diversify its operations and increase its revenue streams. The company’s focus on real estate development, tourism and hospitality, and agricultural projects has enabled it to contribute to the growth of these industries in Egypt.
Major Projects and Achievements
Orientals For Urban Development (OUD) is a leading real estate company in Egypt with a proven track record of successful projects. OUD has developed a portfolio of diverse projects in various locations in Egypt, including Greater Cairo, the Red Sea, and Sharm El Sheikh.
Greater Cairo Developments
OUD has developed several innovative residential solutions in Greater Cairo, including high-rise buildings and residential cities. One of their most notable projects is the Jnoub Compound in New Cairo, which offers luxurious residential units with state-of-the-art amenities. Another project is the Tiba View in the heart of the 6th of October City, which provides a unique living experience with its modern design and spacious apartments.
Red Sea and Sharm Developments
With several successful projects, OUD has also established a strong presence in the Red Sea and Sharm El Sheikh regions. One of their most notable projects is the El Gouna project, a self-sufficient community offering a range of residential units, commercial spaces, and entertainment facilities. Another project is the Tawila Island in El Gouna, which offers exclusive waterfront villas with private beaches and stunning views.
Innovative Residential Solutions
OUD has been at the forefront of developing innovative residential solutions in Egypt. One of their most notable projects is the ZED East project, a mixed-use development offering residential units, commercial spaces, and entertainment facilities. The project is designed to be a sustainable community that promotes a healthy lifestyle and environmental awareness.
In conclusion, OUD has established itself as a leading real estate company in Egypt with a diverse portfolio of successful projects. Their innovative residential solutions, high-rise buildings, and self-sufficient communities have set a new standard in the real estate industry in Egypt.
Investment and Financial Performance
Investment Strategies
Its strong investment strategy has helped it achieve its current success. OUD has invested USD 3.1 billion in various real estate projects across Egypt, including residential, commercial, and administrative projects. The company’s investment strategy is focused on creating high-quality projects that meet the needs of its customers while generating significant returns for its shareholders.
OUD’s investment strategy is based on careful market analysis, risk assessment, and strategic planning. It also focuses on creating long-term partnerships with its stakeholders, including customers, investors, and suppliers.
Financial Highlights
Orientals For Urban Development has achieved significant financial success in recent years. The company’s financial highlights include strong revenue growth, high profitability, and a healthy balance sheet. OUD’s revenue has grown steadily, driven by its successful projects and strong market position. The company’s profitability is also high, with a healthy net profit margin and return on equity. OUD’s balance sheet is strong, with a low debt-to-equity ratio and ample liquidity.
Market Presence and Impact
Orientals For Urban Development has a strong market presence in Egypt and is a leading player in the real estate industry. The company’s projects have significantly impacted the urban landscape of Egypt, with high-quality residential, commercial, and administrative projects that have transformed many neighborhoods. OUD’s projects have also contributed considerably to Egypt’s economic development, creating jobs and generating significant revenue for the government.
Orientals For Urban Development is committed to continuing its growth and expansion in Egypt and beyond. The company’s substantial investment strategy, financial performance, and market presence make it a leading player in the real estate industry. OUD’s commitment to creating sustainable and innovative projects that meet the needs of its customers and stakeholders will continue to drive its success in the future.
Corporate Social Responsibility
Orientals for Urban Development (OUD) is committed to being a socially responsible company that engages with the community, implements sustainable practices, and supports the local economy.
Community Engagement
OUD is dedicated to improving the lives of the communities in which it operates. The company engages with local communities to understand their needs and concerns and ensure that its projects align with their interests. OUD also supports community development by investing in education and healthcare initiatives and providing residents with job opportunities.
Sustainable Practices
OUD recognizes the importance of sustainable development and is committed to minimizing its environmental impact. To ensure that its projects are environmentally friendly, the company implements green building practices, such as using energy-efficient materials and reducing waste. OUD also promotes sustainable transportation by providing its employees with bike racks and carpooling options.
Supporting Local Economy
OUD is committed to supporting the local economy by sourcing materials and labor from suppliers and contractors. The company also provides training and development opportunities to its employees to ensure they have the skills and knowledge needed to succeed in the local economy. OUD also supports small businesses by providing them with access to financing and other resources.
Overall, OUD’s commitment to corporate social responsibility is evident in its community engagement, sustainable practices, and support for the local economy. As one of Egypt’s most significant urban development companies, OUD recognizes the importance of being a responsible corporate citizen and is dedicated to positively impacting the communities in which it operates.
OUD’s Subsidiaries and Partners
Subsidiaries Overview
Orientals for Urban Development (OUD) is a joint-stock company established in 1994 that has become one of Egypt’s largest real estate and urban development companies. OUD has two subsidiaries: Red Sea Sharm for Tourism Development and Greater Cairo for Construction and Development.
The Red Sea Sharm for Tourism Development is a subsidiary that develops tourism projects in Egypt. It has been involved in developing several projects in Sharm El-Sheikh, including the award-winning Rixos Premium Seagate Hotel.
On the other hand, Greater Cairo for Construction and Development focuses on developing real estate projects in the Greater Cairo area. It has been involved in several projects, including creating the award-winning Mirage City in New Cairo.
Strategic Partnerships
OUD has strategic partnerships with several companies in various industries and fields. As an Egyptian joint-stock company, OUD falls under the umbrella of Oriental Weavers, a leading global carpet and rug manufacturer. Oriental Weavers has 26 sister companies in various industries and fields, including textile manufacturing, real estate development, and logistics.
OUD’s partnership with Oriental Weavers has allowed it to leverage the parent company’s expertise and resources in the real estate industry. This has enabled OUD to develop several award-winning projects, including Mirage City in New Cairo and Rixos Premium Seagate Hotel in Sharm El-Sheikh.
In addition to its partnership with Oriental Weavers, OUD has partnered with other companies in various industries. For instance, OUD has partnered with the National Bank of Egypt to finance its real estate projects. This has enabled OUD to access funding at favorable terms, which has allowed it to develop several large-scale projects.
Overall, OUD’s subsidiaries and partnerships have played a critical role in its growth and success in the real estate industry. By leveraging the expertise and resources of its partners, OUD has developed several award-winning projects that have helped establish its reputation as a leading real estate and urban development company in Egypt.
Product Portfolio and Services
Residential and Commercial Offerings
Orientals For Urban Development (OUD) has an extensive portfolio of residential and commercial properties across Egypt. The developer offers a range of apartments, villas, townhouses, and commercial spaces that cater to different budgets and preferences. The properties are prime locations and feature modern designs, high-quality finishes, and state-of-the-art amenities.
The residential offerings are designed to meet the needs of different market segments, including families, young professionals, and retirees. The apartments come in various sizes and layouts, from cozy studios to spacious penthouses. The villas and townhouses offer ample living spaces, private gardens, and outdoor areas. The commercial spaces suit various businesses, including retail, offices, and restaurants.
Amenities and Facilities
OUD is committed to providing its residents with a luxurious and comfortable lifestyle. The developer has invested in a range of amenities and facilities that enhance the living experience of its customers. The properties have landscaped gardens, swimming pools, gyms, and children’s playgrounds. The commercial spaces feature ample parking, 24/7 security, and easy access to public transportation.
In addition to standard amenities, OUD offers a range of premium services to its customers. The developer has partnered with leading service providers to offer spa treatments, concierge services, and housekeeping. Residents can also enjoy exclusive discounts at partner restaurants, shops, and entertainment venues.
Customer Service and Support
OUD values customer satisfaction and strives to provide excellent customer service and support. The developer has a dedicated customer service team available 24/7 to address any queries or concerns. The team is trained to provide prompt, efficient service and meet customer needs.
OUD also offers its customers a range of after-sales services. The developer provides a property warranty and maintenance and repair services. Residents can also access online portals to pay their bills, book services, and report any issues. OUD is committed to building long-term relationships with its customers and to providing them with a hassle-free and enjoyable experience.
Design and Architectural Excellence
Innovative Design Philosophy
Orientals For Urban Development (OUD) has a reputation for its innovative design philosophy, which sets it apart from other real estate developers in Egypt. They believe that good design should be aesthetically pleasing and functional, centered around creating spaces that are not only visually appealing but also serve a purpose.
OUD’s design team works closely with architects and engineers to ensure that their projects are beautiful and structurally sound. They use the latest design software and technology to create 3D models of their projects, which allows them to identify potential design flaws before construction begins.
Quality and Craftsmanship
OUD is committed to delivering high-quality projects that are built to last. They use only the best materials and work with skilled artisans to ensure perfect detail. Their commitment to quality is evident in every aspect of their projects, from the design to the construction.
OUD also incorporates luxury, comfort, and water features into its projects. They believe these features add value and make the projects more attractive to buyers. OUD’s projects often feature luxurious amenities like swimming pools, spas, and landscaped gardens.
In conclusion, OUD is a real estate developer committed to delivering innovative, high-quality projects designed to meet their clients’ needs. Their design philosophy is centered around the idea of creating spaces that are not only visually appealing but also functional. They use the latest design software and technology to ensure that their projects are structurally sound, and they work with skilled artisans to ensure that every detail is perfect. Their commitment to quality is evident in every aspect of their projects, making them a top choice for buyers looking for luxury, comfort, and water features in their new home.
Future Outlook and Expansion Plans
Upcoming Projects
Orientals For Urban Development (OUD) is committed to delivering high-quality urban and tourism development projects in Egypt. The company plans to expand its portfolio of projects in the coming years.
One of the upcoming projects is the J’noub New Capital, an avant-garde community that offers its homeowners the utmost comfort and privacy in a serene community. The project was carefully planned and designed to meet the needs of modern-day living.
Another project that OUD is currently working on is the Oriental Coast project in Marsa Alam. The project aims to provide a unique experience for tourists by offering a wide range of activities, including water sports, diving, and snorkeling. It also includes over 1,000 Neem trees, which have many health benefits.
Market Expansion Strategies
Orientals For Urban Development (OUD) is committed to expanding its market presence in Egypt and beyond. The company has adopted several strategies to achieve this goal.
One of the strategies is to focus on sustainable development. OUD implements the lowest percentage of buildings in the project to provide more green spaces and services. This approach has helped the company attract environmentally conscious customers seeking sustainable living solutions.
Another strategy OUD has adopted is partnering with other companies to expand its market presence. For instance, OUD is an affiliate of Oriental Weavers, which has 26 sister companies in various industries and fields. This partnership has helped OUD leverage its partners’ expertise and resources to deliver high-quality projects.
In conclusion, Orientals For Urban Development (OUD) is well-positioned to deliver high-quality urban and tourism development projects in Egypt. The company has an ambitious plan to expand its portfolio of projects in the coming years and has adopted several strategies to achieve this goal. With its focus on sustainable development and partnerships, OUD is poised to become a leading player in Egypt’s construction and development industry.
Frequently Asked Questions
What career opportunities are available with Orientals for Urban Development?
Orientals for Urban Development (OUD) is Egypt’s leading real estate and urban development company. As such, it offers various career opportunities in various fields, including architecture, engineering, finance, marketing, and sales. Interested individuals can visit the company’s official website or LinkedIn page to view current job vacancies.
How can I apply for a job at Orientals for Urban Development?
To apply for a job at Orientals for Urban Development, candidates can visit the company’s official website or LinkedIn page and view current job vacancies. They can then submit their resume and cover letter online or through email. The company also accepts job applications through recruitment agencies and job fairs.
What are the salary ranges for positions at Orientals for Urban Development?
The salary ranges for positions at Orientals for Urban Development vary depending on the candidate’s job title, experience level, and qualifications. The company offers competitive salaries and benefits packages commensurate with industry standards and the cost of living in Egypt.
Where can I find official information about Orientals for Urban Development projects?
Interested individuals can find official information about Orientals for Urban Development projects on the company’s website, LinkedIn page, or various social media channels. The company also releases press releases and annual reports that update its projects and performance.
Does Orientals for Urban Development offer internships or graduate programs?
Yes, Orientals for Urban Development offers internships and graduate programs to individuals interested in gaining practical experience in the real estate and urban development industry. Interested individuals can visit the company’s official website or LinkedIn page for more information on available programs and application requirements.
How can I contact Orientals for Urban Development for business inquiries?
To contact Orientals for Urban Development for business inquiries, interested individuals can visit the company’s official website or LinkedIn page and submit a contact form or email. The company also provides a phone number and address for its headquarters in Cairo, Egypt, which can be found on its official website.
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