Orascom Development Egypt becomes institutional investor's only Egyptian “most honored company”


Tue, 08 Oct 2019 - 04:55 GMT

File - Khaled Bichara.

File - Khaled Bichara.

CAIRO - 8 October 2019: The complete and integrated towns’ developers that need no introduction, Orascom Development Egypt (ODE), have just recently made big news. The Real Estate moguls were the only Egyptian company awarded “Most Honored Company” in the Institutional Investor 2019 Emerging EMEA Executive Team Ranking.

The executives of ODE, the only Egyptian company to receive the award, scored three of the top ranking positions from a pool of talented executives from 369 companies in Europe, Middle East and Africa.

bishara taweel

Khaled Bichara, their CEO , reigned first in the “Best CEO” category. “We are very pleased as a team to get acknowledged for our communication efforts by the buy and sell-side professional community,” expressed Bichara. “Maintaining ongoing and trusted discussions with the market has always been one of our top priorities when communicating our equity story,” he added.

Ashraf Nessim, their CFO, came third in the “Best CFO” category and their Head of Investor Relations (IR) and Strategic Project Management, Sara El Gawahergy, scored third in the “Best IR Professional” category.

This ranking is a result of Institutional Investor’s independent, in-depth, performance assessment of the quality and effectiveness of the 369 companies’ communication and investor outreach activities based on detailed feedback from influential market players in the global investment community.

The detailed feedback emerged this year from more than 12,000 buy-side and sell-side professional votes which were cast to nominate over 990 executives from 396 companies across more than 20 sectors. “We will continue to work diligently to ensure transparent and reliable reach to the investor community. Open communications is key to us and we are therefore truly delighted by our team’s performance in these rankings,” emphasized Bichara.



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