Egyptian Billionaire Naguib Sawiris' Ora Developers Launches 16 Billion Projects In Uae, Iraq

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egyptian billionaire naguib sawiris ora developers launches 16 billion projects in uae iraq

ORA Developers, led by Egyptian billionaire Naguib Sawiris, is expanding its footprint in the Middle East with two large-scale projects in the United Arab Emirates and Iraq.

The company unveiled Bayn, a coastal community in Ghantoot between Abu Dhabi and Dubai, and Madinat Al Ward, a major residential city on the outskirts of Baghdad.

The combined investment for the first phase of both projects exceeds 16 billion, underscoring ORAs ambition to create sustainable, design-focused communities in strategically important locations.

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