The Business of Middle East Superyachting

Author: The Maritime Observer

  • M3 Monaco and Raunautica partner together to strengthen Egypt’s yacht market

    M3 Monaco and Raunautica partner together to strengthen Egypt’s yacht market

    Marina management company Raunatica has announced a strategic partnership with M3 Monaco to promote the development of Egypt’s yacht tourism sector.  The signed agreement, which took place at Monaco Yacht Club, sets its sights on marina development and long-term growth by supporting the enhancement of marina services and operational standards. It brings together Raunautica’s local…

  • Gulf Craft appoints Sultan Salem & Sons as official dealer of SilverCat in Kuwait

    Gulf Craft appoints Sultan Salem & Sons as official dealer of SilverCat in Kuwait

    UAE-builder Gulf Craft is expanding SilverCat’s dealer network in the Middle East market, naming Kuwait Development & Trading Co , a subsidiary of Sultan & Salem & Sons.  as the brand’s representative in Kuwait. SilverCat, one brand under the Gulf Craft umbrella, are powered catamaran designed for cruising, sportfishing and utility. It’s 34HT and 46LUX…

  • Jeddah Yacht Club & Marina awarded “Five Gold Anchor” accreditation by TYHA

    Jeddah Yacht Club & Marina awarded “Five Gold Anchor” accreditation by TYHA

    Jeddah Yacht Club & Marina, a leisure marine facility in Saudi Arabia, has received a “Five Gold Anchor” designation by accreditation body The Yacht Harbour Association. According to TYHA, the award was established in 2014  “to improve marina standards and the experience of marina users.” Independently audited by industry experts, Jeddah Yacht Club and Marina…

  • Dubai Maritime Authority introduces 24-hour yacht-marina transfer service

    Dubai Maritime Authority introduces 24-hour yacht-marina transfer service

    The Ports, Customs and Free Zone Corporation has launched “Dubai Sea Guests Pick-Up and Drop-Off,” a 24-hour service designed to fast track passenger transfers between marinas and private yachts.  The Dubai Maritime Authority, seeking to enhance the state’s leisure marine services, extended this initiative to local and foreign flagged yachts which hold a permit to…

  •  ENATA Group announces $20 million manufacturing facility; to be built in Abu Dhabi

     ENATA Group announces $20 million manufacturing facility; to be built in Abu Dhabi

    The UAE-based ENATA Group is expanding its operations to Abu Dhabi, announcing an upcoming marine facility in partnership with Ajyal Holding.  The company, known for building the 10-meter carbon yacht Spirit, has invested $20 million for the outpost, which will be constructed on the new 100,00 plot. The manufacturing complex, which includes 200 meters of…

  • ORA Developers appoints AtkinsRéalis to master plan waterfront project BAYN

    ORA Developers appoints AtkinsRéalis to master plan waterfront project BAYN

    Global real estate company ORA Developers has announced engineering and design firm AtkinsRéalis as its choice to masterplan the upcoming waterfront community Y Views at BAYN, a new development in the UAE’s Ghantoot.  The Canada-headquartered consultancy will oversee the master planning, infrastructure, and public realm design services for the project.   Bayn, part of the 4.8…

  • Oman’s Barka Marina begins operations as part of $143 million waterfront development

    Oman’s Barka Marina begins operations as part of $143 million waterfront development

    Oman’s first privately developed and operated fishing harbour, using a usufruct system, Barka Marina, has started phased operations. Located in the Wilayat of Barka, in the South Al Batinah governorate, the development is worth over 55 million Omani Rials ($143 million).  Barka Marina falls under Oman’s Vision 2040, planning to turn fisheries into economic hubs…

  • Gulf Craft appoints MGM Boats to represent Majesty Yachts in Ireland

    Gulf Craft appoints MGM Boats to represent Majesty Yachts in Ireland

    UAE-based superyacht builder has expanded into the Irish market, appointing MGM Boats as the official dealer of the Majesty brand. Majesty Yachts, the shipyard’s flagship model, continues to build a strong European network as it offers regional clients direct access to its portfolio.  LONG READ: With Gulf Craft’s Superyacht Service Centre, Captain Patricia Caswell plans…

  • Morocco’s Tanja Marina Bay International scheduled for summer 2026 opening

    Morocco’s Tanja Marina Bay International scheduled for summer 2026 opening

    Tanja Marina Bay International (TMBI), an upcoming facility in the North Atlantic Ocean region, is nearing its launch.  Part of the Port of Tangier City’s project, the nautical outpost is Morocco’s first urban marina.  The facility, operated by Tangier City Port Management Company, features 1,400 moorings between two basins. The marina will accommodate yachts up…

  • El Gouna announces new marina as part of Marina Island by Tuban El Gouna

    El Gouna announces new marina as part of Marina Island by Tuban El Gouna

    Egypt’s Red Sea coast is primed for a new yacht marina. As part of Marina Island by Tubman, the coastal town will feature a waterfront district with a marina, alongside its residential offerings.  El Gouna Red Sea, which is operated by Orascom Development Egypt, is Egypt’s largest marina operator, accommodating 600 berths.  “El Gouna Red…