The Business of Middle East Superyachting

Category: News

  • Medasia Marine Deliver First X-Shore Boat in the UAE

    Medasia Marine Deliver First X-Shore Boat in the UAE

    Boutique superyacht company Medasia Marine has announced the delivery and registration of the Gulf’s first fully electric X Short 1 boat to a UAE client.  The X Shore 1, built by Swedish boat builder X Shore, is powered by a 125KW electric motor and uses sustainable materials for its construction. The vessel offers silent and…

  • SRSA Issues First-Ever Yacht Chartering Licenses in Saudi Arabia

    SRSA Issues First-Ever Yacht Chartering Licenses in Saudi Arabia

    For the first time in Saudi Arabia, three yacht chartering companies have received licenses from The Saudi Red Sea Authority (SRSA). Following a verification process ensuring compliance with all SRSA regulations and requirements, Hill Robinson Saudi Limited, Faisal M. Higgi & Associates Co. Ltd, and JLS Yachts Limited have been granted chartering licenses that aim…

  • Third Edition of Aqaba’s “Boat Show” Announced for 2025 

    Third Edition of Aqaba’s “Boat Show” Announced for 2025 

    Aqaba’s “Boat Show” returns for the third edition in 2025. The event, which takes place in Aqaba’s Ayla Marina, has been announced for 23-24 May 2025. The marina is part of Ayla Oasis,  a luxury resort located in Aqaba, Jordan, along the country’s Red Sea coast.  Ayla Marina is Jordan’s largest and only superyacht marina,…

  • Saudi Red Sea Authority Grants Operator License to Jeddah Yacht Club & Marina

    Saudi Red Sea Authority Grants Operator License to Jeddah Yacht Club & Marina

    The Saudi Red Sea Authority has issued an operator license to Jeddah Yacht Club and Marina in a move to boost marine tourism and strengthen the Kingdom’s position as a yachting hub. Jeddah Yacht Club and Marina is the first international harbor to receive this license.   The organization, owned by Public Investment Fund subsidiary Sela,…

  • UAE, Jordan & Turkey Marinas Receive Top Honours at Abu Dhabi Maritime Awards 

    UAE, Jordan & Turkey Marinas Receive Top Honours at Abu Dhabi Maritime Awards 

    The Marinas edition of the 2024 Abu Dhabi Maritime Awards was held on November 23rd, recognizing achievements, initiatives, and leadership exhibited by marinas across The Middle East, North Africa, and the Türkiye (MENAT) region. The ceremony, held under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, announced the winners during this year’s…

  • Gulf Craft Chairman Mohammed Alshaali Honoured with “Lifetime Achievement” Award at the Boat Builder Awards

    Gulf Craft Chairman Mohammed Alshaali Honoured with “Lifetime Achievement” Award at the Boat Builder Awards

    During the 10th annual Boat Builder Awards, Gulf Craft Chairman Mohammed Alshaali was honoured with a Lifetime Achievement Award. The 2024 Boat Builder Awards ceremony, an event organized by business magazine IBI and trade show METSTRADE, was held at Amsterdam’s National Maritime Museum.  As the recipient of the Award, Mr. Alshaali was recognized for his…

  • “Dubai Code for Ports” Launched by Ports, Customs and Free Zone Corporation 

    “Dubai Code for Ports” Launched by Ports, Customs and Free Zone Corporation 

    In an effort to boost maritime capacity, The Ports, Customs and Free Zone Corporation (PCFC) has announced the launch of the ‘Dubai Code for Ports”. Explained as a first of it’s kind project, the code is a comprehensive technical guide to set benchmarks for the maritime infrastructure sector in the UAE and beyond. The guide…

  • NEOM Board of Directors Announces Leadership Change, Appoints New Acting CEO

    NEOM Board of Directors Announces Leadership Change, Appoints New Acting CEO

    Leadership changes at NEOM took place this week, principally with the appointment of a new acting Chief Executive Officer Aiman Al-Mudaifer.  Al-Mudaifer replaces Eng. Nadhmi Al-Nasr, who has overseen the project as. since August 2018. A reason for Al-Nasr’s departure was not given. There is no word on if this affects any of the superyacht…

  • Qatar’s Marsa Port to Open New Superyacht Facility

    Qatar’s Marsa Port to Open New Superyacht Facility

    At this year’s Qatar Boat Show, maritime and logistics solutions company Qatar Navigation (Milaha) has agreed with the Qatar Free Zones Authority (QFZA) to construct The Milaha Yacht Yard, a new shipyard at Qatar’s Marsa Port. The facility will be located at Umm Alhoul Free Zone in Marsa Port and will span 22,000 square meters….

  • Gulf Craft Announces Plans for New Facility in the UAE

    Gulf Craft Announces Plans for New Facility in the UAE

    UAE-based builder Gulf Craft announced the opening of a new facility by the end of this year. Alongside showcasing a fleet of superyachts, Gulf Craft took to the Qatar Boat Show to share the news of the brand new 108,000-square-foot facility, which will be located in Ajman, UAE. This marks the second facility by Gulf…