Ora Developers: Pioneering the Future of Real Estate
Ora Developers: Pioneering the Future of Real Estate
Tasneem Khalil 15 Feb 2024
Ora Developers is a leading real estate company that is formerly known as Gemini Global Development. The company has emerged as a great force since it was established in 2016. Led by the visionary entrepreneur Naguib Sawiris, the company has established a remarkable $2.5 billion real estate portfolio, showing its commitment to innovative and sustainable projects around the world.
With several years of dedicated experience in the real estate development sector, Ora Developers consistently demonstrate its supremacy through the delivery of high-quality real estate projects. The company strategically chooses its projects across different premium locations, leaving its impact on its revenue streams. Ora Developers places significant emphasis on understanding and fulfilling the diverse needs of its customers, offering multiple modern housing solutions. By using modern technologies and adhering to international standards during the construction process, Ora ensures the creation of comfortable living environments.
Ora Developers has made its mark on the international real estate scene with a diverse portfolio of projects. The company delivered different projects internationally such as the Silver Sands in Grenada, the Ayia Napa Marina in Cyprus and Eighteen in Islamabad, Pakistan. Ora Developers made sure to consistently deliver world-class projects. This global footprint reflects Ora's dedication to creating unique and sustainable developments.
Ora Developers’ International Projects
Ora Developers has a diverse portfolio of projects that redefine luxury living. The company has consistently delivered world-class developments, reflecting its dedication and commitment. Their international projects include:
Cyprus
Ora Developers’ Ayia Napa Marina is located on the southeastern coast of Cyprus, defining luxury and elegance. This exclusive project offers crystal clear seas, stunning beaches, and incredible views. The marina offers world-class yachting facilities, retail boutiques, waterfront dining options, and nightlife experiences. With complete privacy and 24/7 security, Ayia Napa Marina is the ideal destination for a Mediterranean lifestyle of class and sophistication.
Grenada
The Grenada Silversands Villas are part of Ora Developers' global footprint that redefine beachfront living. Each villa is designed on one level, offering direct access to the beach. The grand living and dining areas are framed by breathtaking views of the largest private pool, a 1,300 square feet expanse reflecting the sea and sky. These beachfront villas embody luxury and elegance, providing residents with an unparalleled coastal living experience.
Pakistan
Part of the famous landmarks developed by Ora in Pakistan is Eighteen. Eighteen is a multi-million-dollar flagship development by Ora Developers, Saif Group, and Kohistan Builders & Developers in the heart of Islamabad. This project offers luxurious villas and apartments serviced by world-class amenities. At Eighteen, residents can expect and receive only the finest in luxury and comfort.
In 2023, reports say that Naguib Sawiris is considering a significant investment in Barrick Gold Corp.'s ambitious $7 billion Reko Diq copper-gold project in Pakistan. This potential project indicates Ora Developers' strategic approach.
Iraq
One of Ora Developers' most recent and ambitious projects is the development of Ali Al-Wardi City in Iraq. This initiative, announced by the Iraqi government on January 31, 2024, aims to address population pressures on Baghdad by creating the largest residential city in the country. The city will have about 61 million square meters with plans for 120,000 different housing units, prioritizing green spaces for a blend of nature and infrastructure.
Ora Developers’ Projects in Egypt
Ora Developments currently holds the second position among real estate companies in the Egyptian market. The company presented its projects in New Cairo and Sheikh Zayed at the Cityscape Exhibition, where it made special offers to customers, including flexible payment plans extending up to 7 years. The company’s projects include:
- Silver Sands North Coast: A luxurious residential project that offers a unique residential experience on the Mediterranean coast.
- Zed Strip in Sheikh Zayed City: A group of luxury towers that combine elegance and comfort.
- Solana New Zayed: A residential compound characterized by sophisticated design and modern facilities.
- Zed East New Cairo: A compound that combines diversity and modern life.
- Pyramids Hills October: A project located in the heart of 6th of October City that combines calmness and excellence.
- Nile City Towers: A project that blends accommodation and business in the heart of Cairo.
Ora Developers’ Vision
Ora Developers stands as the creator of unparalleled experiences that express the essence of human aspirations, self-fulfillment, and happiness. Ora's vision can only be described as an extraordinary journey that has surreal yet perfect moments that define the best of luxury living. Each project is a masterpiece that blends perfection and precision.
Last year's financial results for Ora Developers proves the effectiveness of its strategic approach and its ability to face challenges. The company is planning to further expand its footprint in both local and global markets. With an optimistic gaze towards the future, Ora expects sustained growth in the real estate development sector. As the company progresses, it remains dedicated to shaping a promising future and leaving a special mark in the real estate field. Ora Developers is committed to delivering quality and excellence in every project it takes.
Ora Developers’ Values
Ora developers has some core values and guiding principles that not only shape its projects but also influence every aspect of its existence. These values include:
- Excellence: Ora’s essence relies on its excellence. Every project is an example of its commitment to surpass standards, push boundaries, and deliver the extraordinary.
- Balance: By combining magnificent architecture and modern living, Ora seeks balance. It aims to create spaces that harmonize with the environment and provide residents with a balanced lifestyle.
- Happiness: Beyond constructions, Ora builds joy. The ultimate goal is not just delivering projects but creating environments where residents find happiness, positivity and delight in every corner.
Ora Developers’ Founder
Naguib Sawiris's legacy is one of innovation, strategic brilliance, and a commitment to growth. His ability to navigate and lead in diverse industries shows a rare blend of vision and adaptability. As a visionary leader, he has founded Ora Developers alongside other important ventures.
Naguib Sawiris was born on June 15, 1954 and holds a Diploma from the German Evangelical School in Giza. Further academic accomplishments include a Diploma of Mechanical Engineering and a Master's degree in Technical Administration from ETH Zurich.
Engineer Naguib Sawiris's journey began with the establishment of Orascom Telecom Holding (OTH), transforming it into the world's sixth-largest telecommunications firm. Sawiris's influence extends beyond telecommunications. His leadership roles have spanned industries, including financial services, energy, agro-industries, logistics, and real estate. This diversified approach reflects his belief in the power of innovation and adaptability, creating a legacy that reaches well beyond the confines of a single sector.
Ora Developers continues to be a real estate pioneer, raising the bar in the industry. With a commitment to innovation, precision, and client satisfaction, the company has earned its place among other leading real estate developers. For those looking for more than just a property but a home filled with unique features and unmatched quality, Ora Developers stands as a symbol of excellence. Explore the possibilities with Ora and witness a new standard in real estate.
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