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Wednesday, April 24, 2024 9:40 GMT
Orascom Development Egypt Company (ODE) cash flow currently exceeds US$200 million for the entire group, CEO Omar El Hamamsy said.The occupancy rates in the group's hotels in the first half of the year recorded a rate higher than 30% of the total carrying capacity, he told CNBC Arabia. ODE is Orascom Development Holding Group's largest subsidiary.