Category: News
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Ayla Marina, Dubai Harbour, and Jeddah Yacht Club among MENA properties nominated for TYHA Marina Awards
Accreditation group The Yacht Harbour Association is hosting the 2026 Marina Awards, and a number of properties from the Middle East are in contention for the prize. The awards, which consist of eight categories, are open to any Marina which has received a “Gold Anchor” designation by TYHA. Voting closes August 28th. Winners will be…
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Ferretti Group reports slowdown in order intake as half-year earnings reflect impact of Middle East tensions
In Ferretti Group’s half-year earnings for 2026, the yacht maker is grappling with declines amidst geopolitical tensions, with revenue, profit and order intake nursing losses. From January 1st to June 30th, the Italian builder’s revenue totaled €586 million, a 5.6% drop from €620.4 million in H1 2025. The company delivered €37.9 million in profits, meanwhile,…
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Saudi Arabia Announces Red Sea Yacht Show; Launches 2027
Coming to Jeddah Waterfront in 2027, Saudi Arabia have announced a superyacht event in the Red Sea, amidst the Kingdom’s push toward creating a winter cruising destination. The Red Sea Yacht Show, at Jeddah Yacht Club and Marina, will take place from October 14-17. Organizers are expecting the event to display 50 superyachts over 24…
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D-Marin’s Marsa Al Arab Marina awarded three accreditations by TYHA
D-Marin has announced a slew of accreditations attained by Marsa Al Arab Marina by The Yacht Harbour Association. After an independent audit, the marina has received TYHA’s 5 Gold Anchor, Clean Marina and Superyacht Ready distinctions. “5 Gold Anchor,” TYHA’s highest honor, is awarded to marinas with the highest levels of excellence in terms of…
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Iraq to set to launch 50-berth marina; country’s largest
Iraq is nearing the launch of a new marina, which its government believes will help boost marine tourism and stimulate economic growth. The facility, located on the Shatt al-Arab waterway, will cater to 50 boats. It is the largest marina in Iraq. According to Director General of the state-owned General Company for Maritime Transport Ahmad…
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Qatari Diar Egypt announces yacht marina for $30 billion waterfront development in Egypt’s North Coast
Real estate developer Qatari Diar Egypt is playing a part in expanding marine tourism in Egypt’s North Coast. In collaboration with architectural firm Skidmore, Owings & Merrill (SOM), the company has unveiled its master plan for Alan Al Roum, a development spanning over 20 million square meters along 7.2 kilometers of shoreline east of Marsa…
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Abu Dhabi’s Aldar announces 350-berth Marina as part of $27 billion Marsa Al Saadiyat project
Master developer Aldar has launched Marsa Al Saadiyat, a $27 billion (Dh100 billion) waterfront development in Abu Dhabi. The project, spanning 6.4 million square meters, is set to feature Abu Dhabi’s largest marina. The property is expected to cater to 350 berths. Meanwhile, a one-kilometer promenade, serving as the development’s main retail and dining area,…
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Egypt’s Suez Canal Authority Increases Yacht Transit Surcharge to 26%
The Suez Canal Authority (SCA) has announced it is increasing the transit surcharge for yachts transiting the Canal to 26 percent, an increase of 12 percent above the normal rate. Periodical 26/2026, which came into effect on July 15th, places yachts and pleasure crafts as “special floating units”. The base tariff, last revised in 2024,…
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2026 Abu Dhabi Maritime Awards to take place in November; now open to submissions
The Abu Dhabi Maritime Awards, a ceremony honoring marinas in the Middle East, North Africa and Türkiye regions, has confirmed its return for 2026. The fourth edition of the event, taking place during the Abu Dhabi International Boat Show on November 19-22, is a joint effort by Integrated Transport Center (Abu Dhabi Mobility), an affiliate…
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Qatar’s Transport Ministry announces suspension of all maritime activities as tensions reemerge
Qatar’s Ministry of Transport has suspended maritime activities amid escalating tensions between Iran and the United States, citing public safety. RELATED: Old Doha Port Introduces Digital Platform For the Entry and Exit of Private Yachts “Minakom” “For public safety, owners and users of maritime vessels, including leisure boats, fishing boats, jet skis, and all other…
