Recently came back from the Nabq end of Sharm and dont remember any reports of Sharks

Also if you just intend to swim and enter the sea from the beach you will be fine as at that end the depth of the water increases very gradually and is clear so you can see what is around you.
We walked along to your hotel as there is a prom that runs along between the beach and the hotels in Nabq, which is nice for a walk after dinner. You have the Oriental Hotel next to you then the Laguna Vista Hotel then the Holiday Village.
If you come out of the fronts (ie reception end) of all these hotels on the opposite side of the road are a couple of new malls which are also nice to stroll to. They call one an Egyptian Mall and one an English Mall, not sure why as they seemed similar to me. They were both very quiet though. If you like lively and a bit of barter I think you might be better off taking a cab to Naama Bay, unless we were there at a particularly quiet time.
Hope you have a great time.
Doe