cyprus-superyacht-marina

Cyprus to Have New Superyacht Marina?

Egyptian businessman Naguib Sawiris of the Orascom Group is reportedly investing €220 million in the construction of a marina in Ayia Napa, Cyprus, according to local Cypriot media reports. The investment is not related to Orascom Development Holding, which is currently developing a marina in Lustica Bay, Montenegro. Construction of the new marina is expected…