The Business of Middle East Superyachting

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Drettmann Yachts Announces Partnership with IR Yachts

German brokerage house Drettmann Yachts has partnered with yacht consultancy company IR Yachts in a move to expand its presence in The Middle East. 

Drettmann will be locally represented by Mahmoud Itani

Drettmann will be locally represented by Mahmoud Itani, the Dubai-based executive who has previously spent 10 years at UAE-based superyacht builder Gulf Craft as a marketing and communications manager, before providing consultancy services to parties in The Middle East leisure marine industry with IR Yachts since 2022. “With his deep understanding of the unique dynamics of the Middle Eastern market and his enthusiasm for luxury yachts, Mr. Itani is well-equipped to help us navigate this exciting landscape.” shared Drettmann Yachts in a statement.

Luxury shipyards and brands continue to establish their presence in The Middle East as the region continues to cement its status as an emerging market for the superyacht sector. In a similar move, Dutch builder Heesen Yachts announced the appointment of Hisham Abushakra as the new Middle East Region market agent this past September.