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Ora Developers

Ora Developers

Private
Dubai, DubaiReal Estate & PropTechhttps://www.oradevelopers.com

Last Round

Debt

Sep 9, 2024

Total Funding Raised

$367.1M

Momentum Score

25 /100

Company Overview

Ora Developers is a global real estate development company founded by Egyptian businessman Naguib Sawiris in 2016. The company was originally established as Gemini Global Development before rebranding to Ora in 2018. It specializes in creating luxury lifestyle destinations, including residential, commercial, and hospitality projects. Ora Developers has a significant international portfolio with projects in Egypt, United Arab Emirates, Pakistan, Cyprus, Grenada, Greece, and Iraq. The company is known for its focus on high-quality design, sustainability, and creating integrated communities. Key projects include the ZED developments in Egypt, Ayia Napa Marina in Cyprus, and new large-scale communities in the UAE and Iraq.

Sector

Real Estate & PropTech

Verticals

Property Investment, Home & Lifestyle

Business Model

B2C

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

real estate developerluxury real estatemixed-use developmentmaster planned communitiesreal estate developmenthospitality developmentresidential communitiesurban planningwaterfront developmentgovernment contractscommercial real estateB2G partnershipsproperty investmentproperty management

Historical Pricing

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Caplight Momentum Score

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Ora Developers Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Ora Developers Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
DebtSep 9, 2024
DebtDec 1, 2020
DebtMay 12, 2020

Key People

Founding team and executive leadership

Ibrahim Karam

Chief Executive Officer

Executive Team

Mohamed Mansour

CEO Board Member - Eighteen

Executive Team

Sherif Altamboly

Chief Financial Officer

Executive Team

Mohamed Sheta

Group Chief Financial Officer And Board Member

Executive Team

Ora Developers Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 16, 2026

    Acquired additional land in Ghantoot, UAE, for project expansion.

  • Feb 5, 2026

    Memorandum of Understanding (MoU) signed with Yubi.

Ora Developers Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Ora Developers Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersDubai, Dubai
Employee Range203
Year Founded2016
Last FundingSep 9, 2024

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