In the realm of real estate dreams, where picturesque landscapes meet luxurious living, stands El Gouna—a haven born of the visionary mind of Egyptian entrepreneur Samih Sawiris. This captivating town nestled along the Red Sea’s shores is the result of one man’s vision to craft an earthly paradise, where even the most extravagant dreams find a home. But is he the El Gouna Owner? That is what we will present to you in this article, so sit comfortably and let’s start the journey.
El Gouna Owner
The Redsea El Gouna is not owned by an individual but rather is a development by Orascom Development Holding, an Egyptian multinational conglomerate. El Gouna Owner, Orascom Development Holding, was founded by Egyptian businessman Samih Sawiris, a member of the prominent Sawiris family.
So, from that, we know El Gouna Owner is indirectly the famous businessman Samih Sawiras, but what is the story of establishing it? Let’s know more.
In 1989, Egyptian entrepreneur and engineer Samih Sawiris made the decision to construct pleasant beach houses, complete with a private marina, primarily for himself and a select group of friends.
Given that the nearest shops, petrol stations, and a hospital were located 25 kilometers away in Hurghada, the idea of establishing a small town began to take shape, and that is what made people think Samih Sawiras personally is El Gouna owner while it is his construction company.
Today, El Gouna is home to over 12,000 residents. The town boasts its:
- Airport
- 18 hotels and resorts operated by international chains
- Diverse array of over one hundred restaurants and bars
- Two championship golf courses
- 3 marinas
- One of the country’s finest hospitals
Speaking of the El Gouna owner, it’s time to learn more about Samih Sawiris.
Samih Sawiris – El Gouna Owner
Samih Sawiris is the youngest son of the prominent Egyptian construction magnate, Onsi Sawiris.
He currently leads Orascom Development, a company known for building and operating resorts in Egypt, Montenegro, and Switzerland.
The company’s earnings took a significant hit following the drop in tourism in Egypt after the political uprising in 2011, but they’ve managed to bounce back.
This recovery can be attributed to effective cost-cutting measures, the spin-out of its construction business in Egypt, and strategic asset sales.
In January 2015, Orascom Development sold 15% of its subsidiary, Orascom Hotels & Development, on the Egyptian stock exchange, which was a significant milestone for the company. They are optimistic that the new regime in Egypt will bring about the stability needed for continued growth.
Shedwan El Gouna Resort
The project comprises a substantial 419,000 square meters of land, providing ample room for current and future developments to thrive.
Shedwan embraces an upscale yet relaxed ambiance. It’s catering to the preferences of many, which is established by the same EL Gouna owner, Orascom Development Egypt.
The Shedwan community fosters connections among like-minded residents through delightful social opportunities and a shared sense of community.
A spacious promenade adorned with a variety of textured trees, flowers, and plants beckons everyone to stroll. It’s contemplate the surrounding natural beauty, and even engage in exercise as they go.
Please note that the compound contains many other listed properties. The prices and spaces of the available units are constantly under update.
For the latest price list update, please check out Shedwan El Gouna listings.
While we have seen Shedwan as an example of El Gouna Redsea resorts, let’s have a look at another one to make the image clearer.
Top Things to Do in El Gouna at Night for a Blissful Experience!
Kamaran El Gouna
The project boasts elegant designs crafted by top-tier professional designers, including Innovation Design Studio and Studio être.
The design of Kamaran draws inspiration from nature. That’s offering a luxurious blend of vibrant green hues from the surrounding flora and the tranquil blue shades of the waves.
At the Kamaran, you’ll find:
- Picnic Area: Create unforgettable moments with your family and friends in the Kamaran’s picturesque picnic area.
- Community Center: Socialize with friends or meet like-minded individuals in Kamaran Orascom’s vibrant community center.
- Kids’ Park is specially for you to treat your children to a delightful and entertaining kids’ area in Kamaran, El Gouna.
- Bike and Jogging Lanes where you can explore the lush green lanes of Kamaran in El Gouna on your bicycle or take a refreshing jog.
- Yoga Area to set aside time for relaxation and personal well-being in the serene yoga area of Kamaran, Gouna.
- Sand Pools, where you can dive into the mesmerizing turquoise sand pools at the Kamarn Project, filled with crystal-clear water, perfect for swimmers of all ages.
Get Your Unit in El Gouna
Don’t let the search for your dream home become a struggle! Reach out to Nawy‘s property consultants via WhatsApp, and let us guide you through the process.
Our team is here to provide expert assistance and help you find the perfect property that meets your needs.
Whether you’re looking for a cozy apartment or a spacious villa, we’ve got you covered every step of the way!
