Looking back at ORA's achievements in 2024, we are proud to share the milestones and successes that have defined this remarkable year across our ongoing ventures.

The Concept Masterplan (CMP) for the Abu Dhabi project, developed by 10 Design, hasbeen completed. The submission of the CMP to the relevant authorities is currently underway, with our local consultant, WSP, handling the process. The submission has been finalized in November 2024

In addition, the site handover document has been officially signed by both ORA and Q-Modon. This formalizes the transfer of the site, and we are now collaborating closely with Q-Modon to clear the land plot for the project. To further prepare for site activation, a contractor has been assigned to install a fence to secure the project’s site.

The Concept Design Stage for the Silversands Morne Rouge project, led by Design Positif, has been completed. However, the project is currently on hold as we await the conclusion of further negotiations with the Government. We will continue to keep you updated as developments unfold.

Awards and Recognitions

Silversands Grenada continues to earn global recognition, cementing its place as a premier destination for luxury and elegance. Time Magazine has named Silversands Beach House one of the World’s Greatest Places 2024. This intimate 28-key boutique property, a sister to the sleek Silversands Resort Grand Anse, offers breathtaking accommodations designed by architect Khaled Morgan.

Perched atop a cliff overlooking the serene Portici Beach, the panoramic two-bedroom suite and other guest rooms offer unmatched views, while beachfront suites near the infinity pool create an extraordinary seaside experience.

Adding to its acclaim, Silversands Resort Grenada has been ranked third in Condé Nast Traveler’s 2024 Readers’ Choice Awards for the Top 40 Resorts in the Caribbean Islands and recognized as one of The Best Resorts in the World. This achievement underscores its commitment to redefining hospitality on the island.

For Canadian travelers, reaching Grenada will soon be easier than ever. Starting December 15,2024, WestJet will launch direct weekly flights from Toronto, making Silversands a perfect getaway for Canadians seeking an island escape. Learn more about it here.

Adding to its style credentials, Silversands Beach House was also featured in Coastal Living Magazine's list of Most Stylish Beach Hotels 2024, lauded for its seamless blend of natural beauty and beachfront elegance. This recognition was also noted by Tracey Minkin, Travel Editor at Coastal Living Magazine, and affirmed by Victoria King, a Los Angeles-based public relations firm representing luxury resorts, hotels, spas, and travel clients worldwide.

We are also proud to share that Silversands Beach House has been officially welcomed as one of the eight new members of The Leading Hotels of the World (LHW). LHW announced its Autumn Collection, featuring new member properties from Europe, Asia, Africa, and the Caribbean. This recognition highlights our commitment to excellence and places us alongside a distinguished portfolio of luxury hotels from around the globe. You can also view the full article here: Silversands Grenada Article.

Lastly, Silversands Grenada continues to give back to the community. Recently, the resort hosted interns from Grenada’s higher education institutions for a six-week program, offering a valuable community service experience and academic credit. The success of this initiative was celebrated with an Internship Appreciation Social, reflecting Silversands’ dedication to nurturing future hospitality leaders while strengthening its ties to the local community.

Centered around the concept of creating time, Merveilles is ORA’s latest entertainment hub development nestled in the heart of Port Louis. Inspired by the natural beauty and marvel of the Caribbean, Merveilles is an ode to community, discovery, and the beauty of being present. Offering an inclusive product mix that includes Chez Louis Restaurant, Le Bar de Chez Louis, Cafe Louis - Along side with other retail shops and a duty free, making it a one stop place for everything you need.

Partnership with AA Quality Builders

Eighteen has made significant strides in its development with a new partnership. We are pleased to announce that Eighteen has signed a deal with AA Quality Builders to construct Pavilions 11A, 11B, 12, and 13, along with the Phase 2 earthworks and Cluster E extension infrastructure and roads. This partnership marks a major step forward in the completion of the Eighteen project.

Dubai Sales Event

Additionally, Eighteen recently participated in a sales event in Dubai that saw an outstanding boost in contracted sales, further solidifying the project's success and the growing interest in Eighteen's offerings.

Pro Futsal League

We are thrilled to share that Team Eighteen triumphed in the Pro Futsal League, clinching an impressive 3–8 victory against Dream Football Club in the final. This win is a testament to Eighteen’s commitment to supporting and nurturing young talent in Pakistan. The team, spearheaded by Eighteen’s CEO, Tarek Hamdy, a passionate football enthusiast, continues to inspire and create opportunities for aspiring athletes in the country.

Breast Cancer Awareness Month

In honor of Breast Cancer Awareness Month, Eighteen hosted a dedicated session to provide female employees with a platform to educate themselves and raise awareness about early detection and prevention. This empowering initiative reflects our commitment to fostering an informed and proactive workplace, uniting for a healthier future

Celebrating the Festive Season

In December, The Club at Eighteen ushered in the festive season with a delightful Tree Lighting Ceremony, featuring carol singing, delectable canapés, and the spectacular lighting of the Christmas tree. Earlier in August, the Club hosted the soft launch of Mulligan’s Lounge, offering platinum members an exclusive space to enjoy high-definition sports and a designated cigar lounge for a premium experience.

Open House events in August and September continued to foster community engagement, attracting potential members and strengthening connections within the Eighteen family. Construction in our vibrant community is progressing at full speed. With 28 beautifully designed pavilion-style buildings, residential towers Pavilion 11, 12, and 13 are under development. These low-rise.

Mulligan's Lounge Soft Launch

The Club at Eighteen hosted a soft launch of the Mulligan’s Lounge in early August, offering an exclusive experience for platinum members. The lounge is designed to provide a space where members can enjoy high-definition sports on a large screen, complemented by a designated cigar lounge for a truly premium experience.

Pakistan's Independence Day

In August, Eighteen employees gathered to celebrate Pakistan’s Independence Day, reflecting on the nation’s resilience and progress in a meaningful tribute.

Open House event

The Club at Eighteen also hosted an Open House on 31st August, inviting potential members to explore the facilities and learn more about the amenities available. This event marked a key moment as the Eighteen community continues to grow, fostering new connections and friendships within the clubhouse.
In September, Eighteen hosted an Exclusive Open House in Peshawar, where guests expressed remarkable interest and enthusiasm. This was followed by a members-only Exclusive Event at the Mulligan’s Lounge, further strengthening the community spirit at Eighteen.
Finally, Eighteen held a 2-day Open House at the ORA Corporate Office in Dubai, which proved to be an incredible success. The event saw a strong turnout, with investors particularly intrigued by the commercial and retail spaces on offer. The event exceeded expectations, yielding impressive sales and demonstrating continued confidence in the Eighteen development.

We are excited to share the progress of Iraq project, where Broadway Malyan has officially commenced the Concept Design Stage of the Masterplan. This marks a significant milestone in the development of this ambitious project.
Additionally, Khatib & Alami have submitted the Masterplan (MP) for approval by the New Cities Implementation Authority (NCIA), and it is currently under review by the Minister of Housing office for authentication.

The Board Consulting team successfully concluded the Market Research and prepared to submit the vision and strategy by the end of October 2024. This provided further clarity on the direction and plans for Ali el Wardi City moving forward.

We are optimistic about the future and look forward to the continued development of this exciting initiative.

Extension Phase 1

On August 21st, 2024, we proudly launched Silversands North Coast Extension Phase 1, which introduces 238 units comprising Villas, Twinhouses, and Chalets. This new phase offers a variety of high-end residential options, solidifying Silversands North Coast as a prime destination for coastal living.

Phase 3 Launch

In July 2024, we expanded Silversands North Coast with the announcement of Phase 3, which included the acquisition of new land. This has increased the overall size of the development to 724 acres, with an impressive 1.4km beachfront.

The unit types in this phase mirror those from Phase 1, allowing new clients to invest in the destination if they missed out on earlier opportunities.

Silversands North Coast Summer Campaign

As part of our marketing efforts, we launched a summer campaign for Silversands North Coast, focusing on the lifestyle and experiences that await future residents. The campaign highlighted the mock-up villa, the beach, and the destination’s amenities, offering a glimpse into the luxurious life that Silversands promises Watch here.

From July to August, Silversands North Coast hosted a series of exciting events featuring international DJs and performers, aimed at raising awareness of the project and attracting attention from both local and international audiences.

In October, we launched 308 new apartments at Solana East, providing an exciting opportunity for those looking to invest in a flourishing community.

This new addition enhances the overall appeal of the Solana East development, offering modern, high-quality living spaces in an attractive setting.

Sales updates

ANM concluded the sales of an apartment in East Tower and 2 Beach Villas, marking another milestone in the expansion of Ayia Napa Marina and reinforcing its status as a premier real estate destination in Cyprus.

This sponsorship reflects the Marina's dedication to sustainable sea tourism and fostering industry partnerships that advance innovation and collaboration within the maritime sector.

The collaboration between Pavlos Kontides and Stavros Caramondanis is a testament to shared values and vision. Together, they aim to position Ayia Napa Marina as a global hub for maritime activities, blending sports excellence with tourism innovation. Their partnership highlights the transformative potential of uniting efforts across sectors to achieve extraordinary results for Cyprus. Learn more about their dynamic partnership from here.

During a visit on October 23rd, 2024, Deputy Minister of Shipping Marina Hajimanolis commended Ayia Napa Marina for its cutting-edge projects and exceptional service standards, which have significantly boosted foreign vessel occupancy. This high-profile engagement underscores the Marina’s influence in shaping Cyprus's maritime tourism. In turn, the Marina’s leadership pledged further proposals to enhance Famagusta’s development, reinforcing its role as a leader in the maritime industry.

The International Sea Tourism Festival (ISTF) is set to elevate Ayia Napa Marina's prominence in 26/2025. This prestigious event will position Cyprus as a global marine tourism hub. The 2024 ISTF, held in Rhodes, paved the way with its 'Go Blue – Go Green – Go Smart' theme, showcasing sustainable innovations. Ayia Napa Marina, the naming sponsor, welcomed top sailing brands, cruise lines, and marine sports enthusiasts, setting the tone for future collaborations.

Charity Festival

On October 13th, Ayia Napa Marina participated in the 4th annual Two-Day Charity Festival, “Saint Lazarus and his Little Friend Savvas.” A moving highlight of the festival was Olympic sailor Marilena Makri’s 50-nautical-mile journey from Ayia Napa Marina to Larnaca, symbolizing 50 years since the Turkish invasion. The event blended history, culture, and charity with musical performances.

Ayia Napa Marina proudly hosted a special ceremony on September 17th to honor Pavlos Kontides, the Olympic silver medalist. Following his success at the Paris 2024 Olympics, this event celebrated Kontides as a symbol of national pride and international sporting excellence. CEO Mr. Stavros Caramondanis reaffirmed the Marina's commitment to supporting world-class athletes who bring global recognition to Cyprus.

Cape Greco Regatta 2024

The Cape Greco Regatta 2024 marked another milestone for Ayia Napa Marina as it welcomed sailors from across Cyprus to compete in this thrilling open sea race. Organized with the Famagusta District Sailing Club 'Begafigo,' the regatta transformed the waters of Famagusta into a vibrant, competitive arena, celebrating the island's rich maritime culture.

Ocean Man

From November 1st to 3rd, Ayia Napa Marina hosted the thrilling OCEANMAN Cyprus event for the third consecutive year. Swimmers from around the globe converged for this iconic open-water competition. The opening night celebration featured traditional Cypriot dances and local delicacies like tarhana and Cyprus wine, offering a unique blend of sports and culture.

Paradox Museum Experience

The summer of 2024 brought vibrant events to Ayia Napa Marina, starting with the Paradox Museum Experience Pop-Up Booth from August 5th to September 22nd. Visitors enjoyed mesmerizing optical illusions and interactive displays. Simultaneously, the Event Plaza transformed into an open-air cinema, offering magical evenings with double screenings from August 18th onwards.

MED9 Agricultural Ministerial Meeting

In September 2024, the MED9 Agricultural Ministerial Meeting brought together representatives from Cyprus, France, Greece, and other Mediterranean nations. Hosted at Ayia Napa Marina’s Event Center, the meeting focused on addressing water scarcity in the region, showcasing the Marina as a venue for global dialogue and collaboration. To celebrate the UEFA Euro 2024 Final, Ayia Napa Marina organized an unforgettable viewing event in July 2024. Football enthusiasts gathered to cheer for their teams, enjoying the lively atmosphere that the Marina is known for.

Happening at the Event Center

The Event Center at Ayia Napa Marina continues to stand as a premier venue for international events. From hosting the UEFA U17 Championship draw to the International Neurology Conference, the facility blends cutting-edge technology with stunning Mediterranean views, making it a sought-after destination for corporate and cultural gatherings.

Ayia Napa Marina is steadily establishing itself as a hub for world-class events, innovation, and community engagement, creating a dynamic space where culture, sports, and sustainability come together.

As we reflect on 2024, we are filled with gratitude for the progress we have made together. Stay tuned for more exciting updates in 2025 - Wishing you a successful year ahead.