Cyprus Business Now

Cyta’s new chairman of the board Michael Ioannides has officially assumed his duties, releasing an introductory statement about his new role.

“The challenge, both for me and for all the members of the Council, is enormous. We are living in an age of digitalization of every aspect of our daily lives, which in fact is developing exponentially through the convergence of technologies and networks,” Ioannides said.

“In this dynamic environment, our goal is for Cyta to not only continue to be the driving force of technological upgrading but also to become the pillar of acceleration of digitization, the pioneer and the reference point in the evolution of the information society,” Ioannides later added.

Ioannides has a background in law, becoming a member of the Cyprus Bar Association in 1998. From 1999, he began his career as a co-founder and partner in a law firm later incorporated as Angelides, Ioannides, Leonidou LLC – under the name of LLPO Law Firm.

“On behalf of the whole Council, I want to assure you that we will do our best to make Cyta the modern and robust organization that will lead the technological age,” the new Cyta chairman also pledged.

Ayia Napa Marina has confirmed the first raft of retail stores to operate on its premises.

These include two establishments by Joël Robuchon International, a company founded by the late French chef and restaurateur of the same name, Zorbas’ Coffee Berry chain, Amara Hospitality Group’s Riva Beachouse, an AlphaMega store, yacht chandlers and stainless steel suppliers Diomedes Rousoudiou, a crew lounge and Onexchange.

“Always guided by the end-user experience of the services provided, whether they are a visitor, tenant, boat owner, crew member, or even a member of the Marina staff, the services offered within the Marina will be of high quality, accompanied by a unique project in an idyllic location,” Ayia Napa Marina Chief Retail Officer Haris Koureas told InBusiness News.