Q2 2024 Orascom Development Egypt SAE Earnings Call Transcript
Hello, everyone, and thank you for dialling in. This is Sara Boutros from CI Capital Reasearch team. We're happy to be hosting today ODE's 2Q '24 results conference call. From the management team, we have with us Omar Hamamsy, CEO; Ashraf Nessim CFO; and Ahmed Abou El Ella, IR Director. As usual, we will start off the presentation by the management team and then we will open the floor for questions.
I will now hand over the call to Omar for the presentation. Go ahead.
Thank you, Sara. Thank you. Good afternoon, everyone, and very happy to be with you. To talk you through how we did over the last three months in the second quarter of 2024. Another very strong quarter for Orascom Development, one that we're very excited about building on the back of a very strong year 2023. Building on the back of a very challenging environment in the first quarter of 2024, where we had a major devaluation in one of our major markets, the Egyptian
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