Ora Developers
PrivateLast 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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Ora Developers Comps
Public and private peers based on sector, stage, and business model.
Ora Developers Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Sep 9, 2024 | ||||
| Debt | Dec 1, 2020 | ||||
| Debt | May 12, 2020 |
Key People
Founding team and executive leadership
Ora Developers Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Banque Misr | Debt |
| National Bank of Egypt | Debt |
| Al Baraka Bank | Debt |
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.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Ora Developers's valuation, stock price, and market status.