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CEO & Chairman

Naguib Sawiris

Naguib Sawiris has been described as one of the most influential business people of his generation. Widely respected for his work in the telecoms sector, his vision and insight has helped create a number of world-class businesses. His leading roles range from establishing Orascom Telecom Holding (OTH), which he sold to VEON to create the world’s sixth largest telecommunications firm, to heading up market-changing companies in the financial services, energy, agri-industries, logistics and real estate sectors.

Mr. Sawiris is currently Executive Chairman of Orascom Investment Holding, Chairman of the Advisory Board of La Mancha Holding, an international gold producer, and sits on the board of both Evolution Mining, the second largest gold producer in Australia, and Endeavour Mining, Africa’s third largest gold producer. In 2015, he managed the acquisition of 53% of Euronews, Europe’s leading news channel, through Media Globe Networks (MGN) and, in 2017, MGN increased its ownership to 60%. He is currently Chairman of the Euronews board.

Mr. Sawiris is also Chairman and CEO of Ora Developers, a leading developer of exclusive real estate in a selection of prime – as well as new and emerging locations – around the world. He uses his inimitable business ability to identify and open up development areas in countries including Grenada, Cyprus and Pakistan to envisage, plan, create and construct the highest quality luxury living environments in unique locations that work in harmony with the beauty of their natural surroundings. He has extensive experience of consulting for the International Advisory Committee to the New York Stock Exchange (NYSE), the International Advisory Board to the National Bank of Kuwait, the London Stock Exchange Group’s Africa Advisory Group, the External Advisory Council to the Global Institute for Advanced Study at NYU, and of sitting on the Boards of the Trustees of Nile University (NU), the French University in Egypt (UFE) and the Arab Thought Foundation.

Mr. Sawiris is also the recipient of numerous honorary degrees, industry awards and civic honors, including the ‘Legion d’Honneur’, the Honor of Commander of the Order of the ‘Stella della Solidarietà Italiana’ and the prestigious ‘Sitara-e-Quaid-e-Azam’ award in Pakistan. He holds a diploma of Mechanical Engineering with a Masters in Technical Administration from the Swiss Federal Institute of Technology Zürich (ETH Zürich) and a Diploma from the German Evangelical School, Cairo, Egypt.

Ora Developers

Ora Developers has a proven track record of creating beautiful environments that balance exceptional thinking with enduringly sensitive design. We cherish the natural world around us, taking great care to design, develop and construct high-quality living environments that not only sit comfortably within their surroundings, but have sustainability at their core. Our developments are living, breathing lifestyle destinations with a real sense of community spirit – bringing opportunity for all and offering a wide range of enjoyable lifestyle experiences.

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Silversands Legacy
Beach House by Silversands

Ora Caribbean

Our first luxury resort in Grenada opened on December 1st, 2018. With a prominent location on one of the world’s most magnificent beaches, over 200m of beach frontage and a stunning 100m infinity swimming pool (the longest in the Caribbean), Silversands Grand Anse Bay is an ode to sophisticated simplicity and outstanding service.

In keeping with the visionary ethos of Naguib Sawiris, CEO of the global Ora Developers group, all Ora Caribbean developments in Grenada are designed and built within the context of the island.

As an international businessman, Mr Sawiris has seen the world, and over the years, high-end resorts began to look one and the same. Silversands Hotels & Resorts are therefore conceived as the antidote to the faceless homogenous opulence that forms the backdrop to the merry-go-round of the frequent traveler. Ora Caribbean developments are places where luxury is not gated off from the rest of the world, but a beautiful addition to it.