ntals for Urban Development (OUD) is an Egyptian joint-stock company that was established to capitalize on the real estate boom in Egypt. The company falls under the umbrella of Oriental Weavers and has 26 sister companies in various industries and fields. Over the years the company has grown to become one of Egypt's largest real estate and urban development companies, with investments of over USD 3.1 Billion. Today, OUD and its 2 subsidiaries, Red Sea Sharm for Tourism Development and Greater Cairo for Construction and Development, have a large portfolio of projects across four different sectors: Real Estate, Hospitality and Tourism, Industrial Development, and Agriculture.